The service sector in India's development:
A striking aspect of India's recent growth has been the dynamism of its services sector. In 2010, it accounted for 57 percent of the country's GDP and 25 percent of its total employment. The results do not conform to the growth experience of currently industrialized countries or other deve...
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| Main Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge
Cambridge University Press
2012
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| Subjects: | |
| Links: | https://doi.org/10.1017/CBO9781139095860 https://doi.org/10.1017/CBO9781139095860 https://doi.org/10.1017/CBO9781139095860 |
| Summary: | A striking aspect of India's recent growth has been the dynamism of its services sector. In 2010, it accounted for 57 percent of the country's GDP and 25 percent of its total employment. The results do not conform to the growth experience of currently industrialized countries or other developing economies. Is the increasing share of the service sector in India's total output simply notional, as several activities that were earlier classified in the industrial sector are now subsumed in services' value added, or because the relative price of services has increased over time? No. The sector's growth is real - it is linked to household final demand, policy reforms and increased service exports. Is this service-led growth process sustainable? That remains an open question because the service sector is highly heterogeneous, ranging from software services and business process outsourcing to wholesale and retail trade and personal services. These subsectors vary considerably in the context of different economic characteristics that are important for development |
| Item Description: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Physical Description: | 1 online resource (xvii, 293 pages) |
| ISBN: | 9781139095860 |
| DOI: | 10.1017/CBO9781139095860 |
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| 520 | |a A striking aspect of India's recent growth has been the dynamism of its services sector. In 2010, it accounted for 57 percent of the country's GDP and 25 percent of its total employment. The results do not conform to the growth experience of currently industrialized countries or other developing economies. Is the increasing share of the service sector in India's total output simply notional, as several activities that were earlier classified in the industrial sector are now subsumed in services' value added, or because the relative price of services has increased over time? No. The sector's growth is real - it is linked to household final demand, policy reforms and increased service exports. Is this service-led growth process sustainable? That remains an open question because the service sector is highly heterogeneous, ranging from software services and business process outsourcing to wholesale and retail trade and personal services. These subsectors vary considerably in the context of different economic characteristics that are important for development | ||
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| contents | Services : concepts, measurement and India's national accounts -- Explaining the growth of India's services sector -- The demand for services in India : a mirror image of Engel's law for food? -- The services sector in India : inside the black box -- The nature of employment in India's services sector : educational requirements and quality -- Labour productivity in India's urban informal services sector : a comparison with agriculture |
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| dewey-ones | 338 - Production |
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| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CBO9781139095860 |
| format | Electronic eBook |
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| isbn | 9781139095860 |
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| spelling | Nayyar, Gaurav 1981- Verfasser aut The service sector in India's development Gaurav Nayyar Cambridge Cambridge University Press 2012 1 online resource (xvii, 293 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) Services : concepts, measurement and India's national accounts -- Explaining the growth of India's services sector -- The demand for services in India : a mirror image of Engel's law for food? -- The services sector in India : inside the black box -- The nature of employment in India's services sector : educational requirements and quality -- Labour productivity in India's urban informal services sector : a comparison with agriculture A striking aspect of India's recent growth has been the dynamism of its services sector. In 2010, it accounted for 57 percent of the country's GDP and 25 percent of its total employment. The results do not conform to the growth experience of currently industrialized countries or other developing economies. Is the increasing share of the service sector in India's total output simply notional, as several activities that were earlier classified in the industrial sector are now subsumed in services' value added, or because the relative price of services has increased over time? No. The sector's growth is real - it is linked to household final demand, policy reforms and increased service exports. Is this service-led growth process sustainable? That remains an open question because the service sector is highly heterogeneous, ranging from software services and business process outsourcing to wholesale and retail trade and personal services. These subsectors vary considerably in the context of different economic characteristics that are important for development Service industries / India Indien Erscheint auch als Druckausgabe 978-1-107-01989-8 Erscheint auch als Druckausgabe 978-1-107-47592-2 https://doi.org/10.1017/CBO9781139095860 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Nayyar, Gaurav 1981- The service sector in India's development Services : concepts, measurement and India's national accounts -- Explaining the growth of India's services sector -- The demand for services in India : a mirror image of Engel's law for food? -- The services sector in India : inside the black box -- The nature of employment in India's services sector : educational requirements and quality -- Labour productivity in India's urban informal services sector : a comparison with agriculture Service industries / India |
| title | The service sector in India's development |
| title_auth | The service sector in India's development |
| title_exact_search | The service sector in India's development |
| title_full | The service sector in India's development Gaurav Nayyar |
| title_fullStr | The service sector in India's development Gaurav Nayyar |
| title_full_unstemmed | The service sector in India's development Gaurav Nayyar |
| title_short | The service sector in India's development |
| title_sort | the service sector in india s development |
| topic | Service industries / India |
| topic_facet | Service industries / India Indien |
| url | https://doi.org/10.1017/CBO9781139095860 |
| work_keys_str_mv | AT nayyargaurav theservicesectorinindiasdevelopment |