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The experience of India in economic catch-up is unique when compared to other countries. First, the catch-up process of … India was not only service-led, but also accompanied by a decoupling between manufacturing and services. Second …-specific characteristics of the IT services industry and the country-specific advantages of India further lowered the costs of entry. With …
Persistent link: https://www.econbiz.de/10013055683
This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an empirical general equilibrium model. The model allows for input-output linkages and capital movements across industries and economies, and consumption and investment dynamics. We...
Persistent link: https://www.econbiz.de/10010381539
This paper explores the impacts of more rapid growth in labor productivity in the service sector in Asia based on an empirical general equilibrium model. The model allows for input-output linkages and capital movements across industries and economies, and consumption and investment dynamics. We...
Persistent link: https://www.econbiz.de/10013050277
We document a process of rapid tertiarization of the Chinese economy since 2005. The employment and value-added shares of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in the service sector than in the manufacturing sector....
Persistent link: https://www.econbiz.de/10013334489
industries in India, Brazil, Indonesia, and Vietnam to show that implementing an improper level of IPR protections during certain … phases of economic development can stagnate economic growth in LDC and developing countries. India successfully resisted …
Persistent link: https://www.econbiz.de/10013403304
Persistent link: https://www.econbiz.de/10009693683
India’s success story in services is well documented at the national level, but similar literature does not exist for … India’s states. In this paper, we bridge this gap in research by looking at India’s services growth at the sub … distribution. The first interesting finding is that even as per capita income is not converging across India’s states, per capita …
Persistent link: https://www.econbiz.de/10014190407
Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics … underscores the importance for India of continuing to invest in labour skills. We conclude that sustaining economic growth and … into one or the other. -- Services ; structural change ; India ; employment …
Persistent link: https://www.econbiz.de/10003963583
Persistent link: https://www.econbiz.de/10013079002
Growth in South Asia has not resulted in structural transformation and increase of productive capacities. This paper presents a methodology to identify the opportunities for countries in South Asia to build their productive capacities and promote structural transformation through the emulation...
Persistent link: https://www.econbiz.de/10013076895