Human Capital and the Changing Structure of the Indian Economy

• Tác giả: Mohammad Amin
• Ngôn ngữ: eng
• Ký hiệu phân loại: 330 Economics
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 306368
• Chủ đề: 1. ABSOLUTE VALUE; 2. AGGREGATE LEVEL; 3. AGGREGATE OUTPUT; 4. AGRICULTURE; 5. BASIC EDUCATION

Tóm tắt

Using panel data for the fourteen major states of India over the 1980-2000 period, the authors estimate the effect of human capital endowment on the performance of the state economies. They find that greater availability of skilled workers had a positive and significant impact on output in the service sectors. They do not find any such effect for the manufacturing sectors. The paper shows that the differential effect on services and manufacturing arises because service sectors are more skill intensive.