Arbeitspapier

Employment elasticity in India and the U.S., 1977 - 2011: A sectoral decomposition analysis

This paper analyses the phenomenon of jobless growth in India and the US through the lens of employment elasticity. Analytical results are derived for decompositions of both the level and change of aggregate employment elasticity in terms of sectoral elasticities, relative growth and employment shares. Estimates of these decompositions are presented with employment and output data from relevant sources for both economies. In India, the agricultural sector was the key determinant of both the level and change of aggregate elasticity till the early 2000s. In USA, services is the most important determinant of the level of, but manufacturing remains an important driver of changes in, aggregate employment elasticity.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 2015-07

Klassifikation
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Thema
employment
output
elasticity

Ereignis
Geistige Schöpfung
(wer)
Deepankar, Basu
Das, Debarshi
Ereignis
Veröffentlichung
(wer)
University of Massachusetts, Department of Economics
(wo)
Amherst, MA
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Deepankar, Basu
  • Das, Debarshi
  • University of Massachusetts, Department of Economics

Entstanden

  • 2015

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