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This is a study of employment growth, structure, and job quality outcomes in manufacturing and service-sector in urban India spanning the period 1999-2000 to 2009-10. The context is that of dynamic growth of service-sector in India beginning in the 1990s. This has raised the question whether...
Persistent link: https://www.econbiz.de/10010535478
Investigating the Contribution of the ICT Sectors Using the Input-Output Model Previous studies have been devoted to investigating the future of economic growth and examining the importance of technology and the ICT sectors in accelerating the growth of the economy. These studies are from a...
Persistent link: https://www.econbiz.de/10009295140
Differences in key features of the development process across rich and poor countries can provide clues to the sources of the large variation of cross-country income. Kuznets included structural transformation as one of six stylized facts of economic development, nding that developed countries...
Persistent link: https://www.econbiz.de/10009642602
Among fast growing developing countries, India is distinctive for the role of the service sector. However, sceptics have raised doubts about both the quality and sustainability of the increase in service sector activity and its implications for economic development. Using National Accounts...
Persistent link: https://www.econbiz.de/10009363516
The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...
Persistent link: https://www.econbiz.de/10009363635
We provide evidence on structural transformation from censuses covering three quarters of the world population. As countries develop, the standard patterns of labor reallocation hold for broad categories of both industries ("sectors") and occupations while the employment shares of the service...
Persistent link: https://www.econbiz.de/10012998149
The conventional view of structural transformation is informed by three stylized facts of economic development: (i) all economies exhibit declining employment in agriculture, (ii) all economies exhibit a hump-shaped share of employment in industry, and (iii) all economies exhibit an increasing...
Persistent link: https://www.econbiz.de/10012863211
We document that the nature of business cycles evolves over the process of development and structural change. In countries with large declining agricultural sectors, aggregate employment is uncorrelated with GDP.During booms, employment in agriculture declines while labor productivity increases...
Persistent link: https://www.econbiz.de/10012863612
This paper develops a tractable multi-sector endogenous growth model with labor market friction and human capital accumulation to analyze the underlying link between economic growth and labor market institutions. The model, calibrated based on the Japanese structural transformation episodes,...
Persistent link: https://www.econbiz.de/10014151507
This paper, based on Kaldor’s main contributions, discusses the specificities in the catch up process of developing economies with high degree of structural heterogeneity. The theoretical model developed shows that developing economies, when modernizing the domestic versus external stock of...
Persistent link: https://www.econbiz.de/10014144662