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Structural Change and Economic Growth across Major States of India
Millennial Asia ( IF 1.3 ) Pub Date : 2018-08-01 , DOI: 10.1177/0976399618786329
Monica Thind 1 , Lakhwinder Singh 1
Affiliation  

The structural change in an economy is an important feature of the economic development process. Structural change becomes a potential source of growth in an economy as it induces reallocation of labour from low-productivity to high-productivity sectors, thus leading to fuller and better utilization of overall resources. This article studies the relationship between structural change and growth in 15 major states of India over the 30-year period from 1983–1984 to 2014–2015. The study aims at discovering whether structural changes have contributed to economic growth of these states or otherwise. This is achieved by decomposing the overall labour productivity growth of states into contribution by structural change and within sector change. The results show that in all the states under study structural changes have contributed positively to growth; however, contribution of within sector changes is found to be much more than structural change in all states except Maharashtra.

中文翻译:

印度主要国家的结构变化和经济增长

经济结构的变化是经济发展过程的重要特征。结构变化成为经济增长的潜在来源,因为它引起劳动力从低生产率部门向高生产率部门的重新分配,从而导致更充分,更好地利用整体资源。本文研究了1983-1984年至2014-2015年这30年间印度15个主要州的结构变化与增长之间的关系。该研究旨在发现结构性变化是否对这些州的经济增长做出了贡献。这是通过将国家的整体劳动生产率增长分解为结构变化和部门内部变化的贡献来实现的。结果表明,在所研究的所有州中,结构变化均对增长起到了积极作用。
更新日期:2018-08-01
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