Growth, convergence and trade: The services sector in India’s states

Shingal, Anirudh (2013). Growth, convergence and trade: The services sector in India’s states (NCCR Trade Working Paper 2013/33). Bern, Switzerland: NCCR Trade Regulation

[img]
Preview
Text
Growth, Convergence and Trade.pdf - Published Version
Available under License BORIS Standard License.

Download (395kB) | Preview

India’s success story in services is well documented at the national level, but similar literature does not exist for India’s states. In this paper, we bridge this gap in research by looking at India’s services growth at the sub-national level and in doing so, also challenge existing literature by arguing that this growth has positive implications for income distribution. We find that even as per capita income is not converging across India’s states, per capita services are; evidence is provided both in terms of traditional measures of sigma- and beta-convergence and more recent panel unit root tests. A more disaggregated analysis of services sectors reveals convergence in railways, public administration and financial services. Finally, a Jensen & Kletzer (2005) approach to determining tradability provides evidence of most services being “traded” across India’s states, suggesting the role of such trade in the services growth and convergence story.

Item Type:

Working Paper

Division/Institute:

02 Faculty of Law > Department of Economic Law > NCCR International Trade Regulation

UniBE Contributor:

Shingal, Anirudh

Subjects:

300 Social sciences, sociology & anthropology > 330 Economics

Series:

NCCR Trade Working Paper

Publisher:

NCCR Trade Regulation

Funders:

[4] Swiss National Science Foundation

Language:

English

Submitter:

Pablo Rahul Das

Date Deposited:

20 Jul 2016 17:17

Last Modified:

20 Feb 2020 08:51

Related URLs:

JEL Classification:

C23, O11, O53, R12

BORIS DOI:

10.7892/boris.83799

URI:

https://boris.unibe.ch/id/eprint/83799

Actions (login required)

Edit item Edit item
Provide Feedback