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DC Field | Value | Language |
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dc.contributor.author | Serrano Quintero, Rafael | - |
dc.date.accessioned | 2023-09-21T18:56:40Z | - |
dc.date.available | 2023-09-21T18:56:40Z | - |
dc.date.issued | 2023 | - |
dc.identifier.uri | http://hdl.handle.net/2445/202190 | - |
dc.description.abstract | Contrary to the experience of industrialized countries, productivity growth of Indian services has been consistently faster than manufacturing. In this paper, I document that (i) the fastest growing industries in services grow faster than in manufacturing; (ii) faster productivity growth in services than in manufacturing is not because of sluggish manufacturing productivity; (iii) the supply of skilled workers in India is skewed towards tertiary education and (iv) the service sector is the most skill intensive; (v) returns to schooling are larger for the high-productivity services. To quantify and rationalize these facts, I construct a multi-sector model of estructural change with high and low-skilled workers. The calibrated model suggests that the large supply of high-skill workers combined with higher skill intensity in the service sector seem to be behind the services take-off. The data imply that service sub-sectors are gross substitutes while manufacturing sub-sectors are gross complements. This will accelerate productivity growth in services and decelerate productivity growth in manufacturing. | ca |
dc.format.extent | 68 p. | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | eng | ca |
dc.relation.ispartof | UB Economics – Working Papers, 2023, E23/451 | - |
dc.relation.ispartofseries | [WP E-Eco23/451] | ca |
dc.rights | cc-by-nc-nd, (c) Serrano Quintero., 2023 | - |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/es/ | * |
dc.source | UB Economics – Working Papers [ERE] | - |
dc.subject.classification | Productivitat laboral | - |
dc.subject.classification | Recursos humans | - |
dc.subject.classification | Competències professionals | - |
dc.subject.classification | Índia | cat |
dc.subject.other | Labor productivity | - |
dc.subject.other | Capital humain | - |
dc.subject.other | Vocational qualifications | - |
dc.subject.other | India | - |
dc.title | Structural transformation in India: The Role of the Service Sector | ca |
dc.type | info:eu-repo/semantics/workingPaper | ca |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca |
Appears in Collections: | UB Economics – Working Papers [ERE] |
Files in This Item:
File | Description | Size | Format | |
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E23-451_Serrano.pdf | 1.03 MB | Adobe PDF | View/Open |
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