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Service Intensities in the Indian Economy: 1968/9-1993/4

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  • Rita Bhowmik

Abstract

This paper analyses the service intensities for production of different industries in the Indian economy during the period 1968-69 to 1993-94 with an input-output approach. Two different methodologies—(1) direct service intensities and (2) direct plus indirect service intensities—have been used to calculate the service intensity of different industries using six input-output tables. It is found from the exercise that service intensities have increased in the Indian economy over 25 years. To reflect the performance and trend of service intensity of each industry over the study period, the mean and coefficient of variation of the service intensities have been calculated. The empirical part of this study shows that Metal products, Machineries, Trade, and Banking have a high mean and a low coefficient of variation. According to their service intensities they were the key sectors, with consistently the largest consumption of the output of the service sector as an input for their production.

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  • Rita Bhowmik, 2003. "Service Intensities in the Indian Economy: 1968/9-1993/4," Economic Systems Research, Taylor & Francis Journals, vol. 15(4), pages 427-437.
    • Handle: RePEc:taf:ecsysr:v:15:y:2003:i:4:p:427-437
    DOI: 10.1080/0953531032000152308
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    References listed on IDEAS

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    1. Tullio Gregori & Gustav Schachter, 1999. "Assessing Aggregate Structural Change," Economic Systems Research, Taylor & Francis Journals, vol. 11(1), pages 67-82.
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    6. Victor R. Fuchs, 1968. "The Service Economy," NBER Books, National Bureau of Economic Research, Inc, number fuch68-1.
    7. Ansari, Mohammed I., 1995. "Explaining the service sector growth: An empirical study of India, Pakistan, and Sri Lanka," Journal of Asian Economics, Elsevier, vol. 6(2), pages 233-246.
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    Cited by:

    1. Yongming Huang & Jamal Khan & Eric Girardin & Umair Shad, 2021. "The Role of the Real Estate Sector in the Structural Dynamics of the Chinese Economy: An Input–Output Analysis," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 29(1), pages 61-86, January.

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