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Employment By Sector And Development In India For 1950- 2020 And International Comparisons With China And Oecd Countries

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  • GUISAN, Maria-Carmen

Abstract

We analyze economic development in India for the period 1950-2020, in three sub-periods: 1950-1980, 1980-2000 and 2001-2020. We have into account production by sector and its effects on employment and productivity. We present a comparison of data with other economies, as China, Japan and some European countries, regarding some indicators of development and welfate. We include references to some interesting econometric models of Employment by sector in India and in other countries and we focus on the trends to diminution of Farm Employment and increase in Non Farm Employment. We highlight the important effects of industrial production on general productivity of workers, real income per capita and poverty diminution, as well as the positive effects, on development, of increase of schooling and social capital. For the next decade: 2021-2030, we conclude that there are good opportunities for advances on economic development in India and that good economic policies addressed to foster international investments and cooperation for the creation of Non Farm Employment in India may have a positive impact both for urban and rural areas.

Suggested Citation

  • GUISAN, Maria-Carmen, 2021. "Employment By Sector And Development In India For 1950- 2020 And International Comparisons With China And Oecd Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 21(1), pages 59-70.
    • Handle: RePEc:eaa:aeinde:v:21:y:2021:i:1_5
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    References listed on IDEAS

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    1. Barro, Robert J & Lee, Jong-Wha, 2001. "International Data on Educational Attainment: Updates and Implications," Oxford Economic Papers, Oxford University Press, vol. 53(3), pages 541-563, July.
    2. Guisán, M.C. & Expósito, P., 2004. "Econometric Models and Evolution of Agrarian and non Agrarian Employment in OECD Countries, 1950-2000," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 4(1), pages 123-138.
    3. GUISAN, Maria-Carmen & EXPOSITO, Pilar, 2020. "Food, Agriculture, Production, Population And Poverty In The World, 2000-2017: Priorities For Sustainable Development," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 20(1), pages 137-150.
    4. Guisan, M.Carmen & Exposito, Pilar, 2003. "Education, Industry, Trade and Development of Asia-Pacific countries in 1980-99," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 3(2), pages 117-142.
    5. Deepak Kumar BEHERA, 2016. "Employment Potential In Indian Agriculture: An Econometric Investigation," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 16(2), pages 129-140.
    6. Guisan, M.Carmen & Aguayo, Eva & Exposito, Pilar, 2001. "Economic growth and cycles: Cross-country models of education, industry and fertility and international comparisons," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(1), pages 9-37.
    7. Guisan, M.Carmen & Aguayo, Eva, 2003. "Education, Industry, Trade and Development of European and Eurasian Countries in 1980-99," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 3(1), pages 115-141.
    8. Klein, L. R., 2004. "China and India: Two Asian Economic Giants, Two Different Systems," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 4(1).
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. 55. IDER. International Development Reports 2021-2024. Euro-American Association of Economic Development Studies
      by MCG Blogs de Economía in Euro-American Association: World Development on 2024-09-11 13:06:00

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    Cited by:

    1. Hrushikesh MALLICK, 2023. "Role Of Climate Change, Institutional Credit And Public Sector Investment In Agricultural Productivity In India, 1970-2018," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 23(1), pages 125-158.
    2. SABREEN, Maryam & BEHERA, Deepak Kumar, 2021. "Rural Household’S Participation In Non-Farm Economic Activities In India Using Binary Logistic Regression Model," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 21(1), pages 5-16.

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    Keywords

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    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J43 - Labor and Demographic Economics - - Particular Labor Markets - - - Agricultural Labor Markets
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • N35 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Asia including Middle East
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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