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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w28551 |
来源ID | Working Paper 28551 |
Growing Like India: The Unequal Effects of Service-Led Growth | |
Tianyu Fan; Michael Peters; Fabrizio Zilibotti | |
发表日期 | 2021-03-15 |
出版年 | 2021 |
语种 | 英语 |
摘要 | In many developing countries, structural transformation in recent years takes the form of a rapid rise of services with limited industrialization. Many such services are of a local nature and serve consumers (retail, restaurants, residential real estate, etc.). In this paper, we estimate the welfare effects of this pattern of development across the income ladder. We construct a spatial equilibrium model in which, over time, the expansion of consumer services is both a consequence (income effects) and a cause (productivity growth) of the development process. We estimate the model using Indian household data on sectoral employment and consumption expenditure. We find that productivity growth in non-tradable consumer services was an important driver of rising living standards, accounting for one-third of aggregate welfare gains. However, these gains were heavily skewed toward high-income households living in urban districts. |
主题 | Development and Growth ; Development ; Growth and Productivity |
URL | https://www.nber.org/papers/w28551 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586223 |
推荐引用方式 GB/T 7714 | Tianyu Fan,Michael Peters,Fabrizio Zilibotti. Growing Like India: The Unequal Effects of Service-Led Growth. 2021. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w28551.pdf(2044KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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