Understanding India's Services Revolution:
This paper analyzes the factors behind the recent growth of India''s services sector. The high growth of services output in the 1990s was mostly due to the rapid expansion of communication, banking, business services (including the IT sector) and community services. While factors such as a...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2004
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 04/171 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | This paper analyzes the factors behind the recent growth of India''s services sector. The high growth of services output in the 1990s was mostly due to the rapid expansion of communication, banking, business services (including the IT sector) and community services. While factors such as a high income elasticity of demand for services, increasing input usage of services by other sectors, and rising exports, were important in boosting services growth in the 1990s, supply side factors including reforms and technological advances also played significant roles. Going forward, the growth potential of Indian services exports is well known, but the paper also finds considerable scope for growth in the Indian service economy provided that deregulation continues. In addition, the paper shows that employment growth in the Indian services sector has been quite modest, thus underscoring the need for industry and agriculture to also grow rapidly |
| Beschreibung: | 1 Online-Ressource (36 p) |
| ISBN: | 1451858531 9781451858532 |
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| 520 | 3 | |a This paper analyzes the factors behind the recent growth of India''s services sector. The high growth of services output in the 1990s was mostly due to the rapid expansion of communication, banking, business services (including the IT sector) and community services. While factors such as a high income elasticity of demand for services, increasing input usage of services by other sectors, and rising exports, were important in boosting services growth in the 1990s, supply side factors including reforms and technological advances also played significant roles. Going forward, the growth potential of Indian services exports is well known, but the paper also finds considerable scope for growth in the Indian service economy provided that deregulation continues. In addition, the paper shows that employment growth in the Indian services sector has been quite modest, thus underscoring the need for industry and agriculture to also grow rapidly | |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:29Z |
| indexdate | 2024-07-10T09:35:38Z |
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| spelling | Gupta, Poonam Verfasser aut Understanding India's Services Revolution Gupta, Poonam Washington, D.C International Monetary Fund 2004 1 Online-Ressource (36 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/171 This paper analyzes the factors behind the recent growth of India''s services sector. The high growth of services output in the 1990s was mostly due to the rapid expansion of communication, banking, business services (including the IT sector) and community services. While factors such as a high income elasticity of demand for services, increasing input usage of services by other sectors, and rising exports, were important in boosting services growth in the 1990s, supply side factors including reforms and technological advances also played significant roles. Going forward, the growth potential of Indian services exports is well known, but the paper also finds considerable scope for growth in the Indian service economy provided that deregulation continues. In addition, the paper shows that employment growth in the Indian services sector has been quite modest, thus underscoring the need for industry and agriculture to also grow rapidly Online-Ausg Gordon, James P. F. Sonstige oth http://elibrary.imf.org/view/IMF001/07649-9781451858532/07649-9781451858532/07649-9781451858532.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Gupta, Poonam Understanding India's Services Revolution |
| title | Understanding India's Services Revolution |
| title_auth | Understanding India's Services Revolution |
| title_exact_search | Understanding India's Services Revolution |
| title_exact_search_txtP | Understanding India's Services Revolution |
| title_full | Understanding India's Services Revolution Gupta, Poonam |
| title_fullStr | Understanding India's Services Revolution Gupta, Poonam |
| title_full_unstemmed | Understanding India's Services Revolution Gupta, Poonam |
| title_short | Understanding India's Services Revolution |
| title_sort | understanding india s services revolution |
| url | http://elibrary.imf.org/view/IMF001/07649-9781451858532/07649-9781451858532/07649-9781451858532.xml |
| work_keys_str_mv | AT guptapoonam understandingindiasservicesrevolution AT gordonjamespf understandingindiasservicesrevolution |