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来源类型Working Paper
规范类型报告
DOI10.3386/w16757
来源IDWorking Paper 16757
The Service Sector as India's Road to Economic Growth
Barry Eichengreen; Poonam Gupta
发表日期2011-02-03
出版年2011
语种英语
摘要While India is distinctive among developing countries for its fast-growing service sector, sceptics have raised doubts about the quality and sustainability of this service-sector growth and its implications for economic development. We show, consistent with the views of the sceptics, that while growth of the sector has been unusually rapid, it started 15 years ago from unusually low levels. That the share of services has now simply converged to the international norm raises questions about whether it will continue growing rapidly. In particular, whether service-sector output and employment continue to grow in excess of international norms will depend on the continued expansion of modern services (business services, communication and banking) but, also, on the application of modern information technology to more traditional services (retail and wholesale trade, transport and storage, public administration and defense ). The second aspect obviously has more positive implications for output than for employment.
主题Development and Growth ; Development
URLhttps://www.nber.org/papers/w16757
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/574432
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GB/T 7714
Barry Eichengreen,Poonam Gupta. The Service Sector as India's Road to Economic Growth. 2011.
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