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Productivity Dynamics in India's Service Sector: An Industry-Level Perspective

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  • K L Krishna
  • Deb Kusum Das
  • Abdul Azeez Erumban
  • Suresh Aggarwal
  • Pilu Chandra Das

Abstract

The rapid rise of service sector in India, as in its developing counterparts in Asia, follows the pattern of skipped industrialization and raises concern for sustaining economic growth in India. While the share of services in India’s GDP has risen over much of the post-independence period, the economic liberalization in the 1990s paved the way for the emergence of service sector as a key player in India’s growth story. The present paper examines the productivity dynamics in service sector at detailed industry level—the India KLEMS (K = capital, L = labor, E = energy, M = materials, and S = services) panel dataset version 2015. [Working Paper No. 261].

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  • K L Krishna & Deb Kusum Das & Abdul Azeez Erumban & Suresh Aggarwal & Pilu Chandra Das, 2016. "Productivity Dynamics in India's Service Sector: An Industry-Level Perspective," Working Papers id:11401, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:11401
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    Cited by:

    1. Deb Kusum Das & Abdul Azeez Erumban & Jagannath Mallick, 2021. "Economic Growth In India During 1950–2015: Nehruvian Socialism To Market Capitalism," Journal of Economic Surveys, Wiley Blackwell, vol. 35(3), pages 926-951, July.
    2. Nataraj, Manikantha & Bhattacharya, Soham, 2020. "Bitter Convergence: Contemporary Crisis of Labour in Rural West Bengal," MPRA Paper 103363, University Library of Munich, Germany.
    3. Balasubramanyam, V N & Virmani, Swati, 2018. "The Enigmatic Services Sector of India," MPRA Paper 89174, University Library of Munich, Germany.

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