Services growth and convergence: Getting India’s states together

Shingal, Anirudh (2012). Services growth and convergence: Getting India’s states together (NCCR Trade Working Paper 2012/07). Bern, Switzerland: NCCR Trade Regulation

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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. The first interesting finding is that even as per capita income is not converging across India’s states, per capita services are and we provide evidence for this both in terms of traditional measures of sigma- and beta-convergence and more recent panel unit root tests. Secondly, not only is external demand an important determinant of services value added at the state level, but this demand also emanates from all over the country rather than being concentrated in the neighbouring or richer states. This suggests that the benefits from services growth are being distributed more widely than may be perceived.

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:

02 Aug 2016 16:21

Last Modified:

20 Feb 2020 08:52

Related URLs:

JEL Classification:

C23, O11, O53, R11

BORIS DOI:

10.7892/boris.83801

URI:

https://boris.unibe.ch/id/eprint/83801

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