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Please use this identifier to cite or link to this item: http://repository.iitr.ac.in/handle/123456789/8856
Title: Trends and forecasting of employment intensity of growth in India
Authors: Pattanaik F.
Nayak N.C.
Leong Liew
Saroja Selvanathan
Published in: Journal of the Asia Pacific Economy
Abstract: In the labour surplus Indian economy, growth must ensure high employment. In order to examine how employment has evolved over time with output, this study analyses the trends of employment intensity of growth in India at the aggregate and across broad sectors for the period 1961–2004 and forecasts the same for the future applying the BoxJenkins ARIMA model. The results indicate that India has been experiencing jobless growth since the 1990s primarily due to the failure of manufacturing and services. The forecasting results reveal possible improvement in employment elasticity of secondary sector, whereas tertiary sector would continue to remain a concern. The dependence on primary sector would continue to rise, leading to its negative labour productivity.
Citation: Journal of the Asia Pacific Economy (2013), 18(3): 438-459
URI: https://doi.org/10.1080/13547860.2012.742693
http://repository.iitr.ac.in/handle/123456789/8856
Issue Date: 2013
Publisher: Taylor & Francis
Keywords: employment elasticity
growth
India
jobless growth
labour productivity
skill development
ISSN: 13547860
Author Scopus IDs: 55504925900
55173940500
Author Affiliations: Pattanaik, F., School of Humanities, KIIT University, Bhubaneswar, India
Nayak, N.C., Department of Humanities and Social Sciences, Indian Institute of Technology, Kharagpur, India
Funding Details: NA
Corresponding Author: Nayak, N. C.; Department of Humanities and Social Sciences, Indian Institute of Technology, Kharagpur, India; email: ncnayak@hss.iitkgp.ernet.in
Appears in Collections:Journal Publications [HS]

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