Human Capital and the Changing Structure of the Indian Economy

Using panel data for the fourteen major states of India over the 1980-2000 period, the authors estimate the effect of human capital endowment on the performance of the state economies. They find that greater availability of skilled workers had a po...

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Main Authors:	Amin, Mohammad, Mattoo, Aaditya
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ABSOLUTE VALUE AGGREGATE LEVEL AGGREGATE OUTPUT AGRICULTURE BASIC EDUCATION BUSINESS SERVICES CAPITAL FLOWS COMMERCE COUNTRY REGRESSIONS DATA COVERAGE DATA LIMITATIONS DEFLATORS DEPENDENT VARIABLE DESCRIPTIVE STATISTICS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DEVELOPMENT RESEARCH DISAGGREGATED LEVEL E-MAIL ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INFORMATION ECONOMIC PERFORMANCE ECONOMIC RELATIONS ECONOMIC STUDIES ECONOMICS RESEARCH ELECTRICITY EMPIRICAL RESULTS EMPLOYMENT EQUATIONS ENDOGENOUS VARIABLES ENDOWMENTS ENROLLMENT ENROLLMENTS ERROR TERM ESTIMATED COEFFICIENT ESTIMATED COEFFICIENTS ESTIMATION RESULTS EXPENDITURE EXPLANATORY VARIABLES EXTERNALITIES FINANCIAL BURDEN FIXED EFFECTS GDP GDP DEFLATOR GDP PER CAPITA GROWTH PATTERN GROWTH RATES HEALTH CARE HIGHWAY HUMAN CAPITAL HUMAN RESOURCE HUMAN RESOURCE DEVELOPMENT INCREASING RETURNS INCREASING RETURNS TO SCALE INTERNATIONAL BANK LABOR MARKET LAGGED DEPENDENT LAGGED VALUES LITERACY RATES LONG RUN LONG-RUN IMPACT MANUFACTURING MANUFACTURING INDUSTRY MEDIUM TERM MISSING DATA NATIONAL HIGHWAYS OUTPUT PER CAPITA PHONE PHYSICAL INFRASTRUCTURE POLICY RESEARCH PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH REAL ESTATE REDUCED FORM EQUATION RELATIVE IMPORTANCE RELATIVE ROLE RESULT RESULTS ROAD ROADS SECTOR REFORMS SERIAL CORRELATION SIGNIFICANT EFFECT SIGNIFICANT IMPACT SKILLED LABOR SKILLED WORKERS SOCIAL WELFARE STANDARD DEVIATION TELECOM TELECOMMUNICATION TIME PERIOD TOTAL OUTPUT TRADE LIBERALIZATION TRANSMISSION TRANSPORT TRANSPORT EQUIPMENT TRANSPORT SERVICES TRANSPORTATION VALUE ADDED WEB WHITE PAPER
Online Access:	http://documents.worldbank.org/curated/en/2008/03/9123531/human-capital-changing-structure-indian-economy http://hdl.handle.net/10986/6541

id	okr-10986-6541
recordtype	oai_dc
spelling	okr-10986-65412021-04-23T14:02:31Z Human Capital and the Changing Structure of the Indian Economy Amin, Mohammad Mattoo, Aaditya ABSOLUTE VALUE AGGREGATE LEVEL AGGREGATE OUTPUT AGRICULTURE BASIC EDUCATION BUSINESS SERVICES CAPITAL FLOWS COMMERCE COUNTRY REGRESSIONS DATA COVERAGE DATA LIMITATIONS DEFLATORS DEPENDENT VARIABLE DESCRIPTIVE STATISTICS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DEVELOPMENT RESEARCH DISAGGREGATED LEVEL E-MAIL ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INFORMATION ECONOMIC PERFORMANCE ECONOMIC RELATIONS ECONOMIC STUDIES ECONOMICS RESEARCH ELECTRICITY EMPIRICAL RESULTS EMPLOYMENT EQUATIONS ENDOGENOUS VARIABLES ENDOWMENTS ENROLLMENT ENROLLMENTS ERROR TERM ESTIMATED COEFFICIENT ESTIMATED COEFFICIENTS ESTIMATION RESULTS EXPENDITURE EXPLANATORY VARIABLES EXTERNALITIES FINANCIAL BURDEN FIXED EFFECTS GDP GDP DEFLATOR GDP PER CAPITA GROWTH PATTERN GROWTH RATES HEALTH CARE HIGHWAY HUMAN CAPITAL HUMAN RESOURCE HUMAN RESOURCE DEVELOPMENT INCREASING RETURNS INCREASING RETURNS TO SCALE INTERNATIONAL BANK LABOR MARKET LAGGED DEPENDENT LAGGED VALUES LITERACY RATES LONG RUN LONG-RUN IMPACT MANUFACTURING MANUFACTURING INDUSTRY MEDIUM TERM MISSING DATA NATIONAL HIGHWAYS OUTPUT PER CAPITA PHONE PHYSICAL INFRASTRUCTURE POLICY RESEARCH PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH REAL ESTATE REDUCED FORM EQUATION RELATIVE IMPORTANCE RELATIVE ROLE RESULT RESULTS ROAD ROADS SECTOR REFORMS SERIAL CORRELATION SIGNIFICANT EFFECT SIGNIFICANT IMPACT SKILLED LABOR SKILLED WORKERS SOCIAL WELFARE STANDARD DEVIATION TELECOM TELECOMMUNICATION TIME PERIOD TOTAL OUTPUT TRADE LIBERALIZATION TRANSMISSION TRANSPORT TRANSPORT EQUIPMENT TRANSPORT SERVICES TRANSPORTATION VALUE ADDED WEB WHITE PAPER Using panel data for the fourteen major states of India over the 1980-2000 period, the authors estimate the effect of human capital endowment on the performance of the state economies. They find that greater availability of skilled workers had a positive and significant impact on output in the service sectors. They do not find any such effect for the manufacturing sectors. The paper shows that the differential effect on services and manufacturing arises because service sectors are more skill intensive. 2012-05-29T15:29:05Z 2012-05-29T15:29:05Z 2008-03 http://documents.worldbank.org/curated/en/2008/03/9123531/human-capital-changing-structure-indian-economy http://hdl.handle.net/10986/6541 English Policy Research Working Paper; No. 4576 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research South Asia India
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ABSOLUTE VALUE AGGREGATE LEVEL AGGREGATE OUTPUT AGRICULTURE BASIC EDUCATION BUSINESS SERVICES CAPITAL FLOWS COMMERCE COUNTRY REGRESSIONS DATA COVERAGE DATA LIMITATIONS DEFLATORS DEPENDENT VARIABLE DESCRIPTIVE STATISTICS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DEVELOPMENT RESEARCH DISAGGREGATED LEVEL E-MAIL ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INFORMATION ECONOMIC PERFORMANCE ECONOMIC RELATIONS ECONOMIC STUDIES ECONOMICS RESEARCH ELECTRICITY EMPIRICAL RESULTS EMPLOYMENT EQUATIONS ENDOGENOUS VARIABLES ENDOWMENTS ENROLLMENT ENROLLMENTS ERROR TERM ESTIMATED COEFFICIENT ESTIMATED COEFFICIENTS ESTIMATION RESULTS EXPENDITURE EXPLANATORY VARIABLES EXTERNALITIES FINANCIAL BURDEN FIXED EFFECTS GDP GDP DEFLATOR GDP PER CAPITA GROWTH PATTERN GROWTH RATES HEALTH CARE HIGHWAY HUMAN CAPITAL HUMAN RESOURCE HUMAN RESOURCE DEVELOPMENT INCREASING RETURNS INCREASING RETURNS TO SCALE INTERNATIONAL BANK LABOR MARKET LAGGED DEPENDENT LAGGED VALUES LITERACY RATES LONG RUN LONG-RUN IMPACT MANUFACTURING MANUFACTURING INDUSTRY MEDIUM TERM MISSING DATA NATIONAL HIGHWAYS OUTPUT PER CAPITA PHONE PHYSICAL INFRASTRUCTURE POLICY RESEARCH PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH REAL ESTATE REDUCED FORM EQUATION RELATIVE IMPORTANCE RELATIVE ROLE RESULT RESULTS ROAD ROADS SECTOR REFORMS SERIAL CORRELATION SIGNIFICANT EFFECT SIGNIFICANT IMPACT SKILLED LABOR SKILLED WORKERS SOCIAL WELFARE STANDARD DEVIATION TELECOM TELECOMMUNICATION TIME PERIOD TOTAL OUTPUT TRADE LIBERALIZATION TRANSMISSION TRANSPORT TRANSPORT EQUIPMENT TRANSPORT SERVICES TRANSPORTATION VALUE ADDED WEB WHITE PAPER
spellingShingle	ABSOLUTE VALUE AGGREGATE LEVEL AGGREGATE OUTPUT AGRICULTURE BASIC EDUCATION BUSINESS SERVICES CAPITAL FLOWS COMMERCE COUNTRY REGRESSIONS DATA COVERAGE DATA LIMITATIONS DEFLATORS DEPENDENT VARIABLE DESCRIPTIVE STATISTICS DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DEVELOPMENT RESEARCH DISAGGREGATED LEVEL E-MAIL ECONOMETRIC ANALYSIS ECONOMETRICS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INFORMATION ECONOMIC PERFORMANCE ECONOMIC RELATIONS ECONOMIC STUDIES ECONOMICS RESEARCH ELECTRICITY EMPIRICAL RESULTS EMPLOYMENT EQUATIONS ENDOGENOUS VARIABLES ENDOWMENTS ENROLLMENT ENROLLMENTS ERROR TERM ESTIMATED COEFFICIENT ESTIMATED COEFFICIENTS ESTIMATION RESULTS EXPENDITURE EXPLANATORY VARIABLES EXTERNALITIES FINANCIAL BURDEN FIXED EFFECTS GDP GDP DEFLATOR GDP PER CAPITA GROWTH PATTERN GROWTH RATES HEALTH CARE HIGHWAY HUMAN CAPITAL HUMAN RESOURCE HUMAN RESOURCE DEVELOPMENT INCREASING RETURNS INCREASING RETURNS TO SCALE INTERNATIONAL BANK LABOR MARKET LAGGED DEPENDENT LAGGED VALUES LITERACY RATES LONG RUN LONG-RUN IMPACT MANUFACTURING MANUFACTURING INDUSTRY MEDIUM TERM MISSING DATA NATIONAL HIGHWAYS OUTPUT PER CAPITA PHONE PHYSICAL INFRASTRUCTURE POLICY RESEARCH PRIVATIZATION PRODUCTIVITY PRODUCTIVITY GROWTH REAL ESTATE REDUCED FORM EQUATION RELATIVE IMPORTANCE RELATIVE ROLE RESULT RESULTS ROAD ROADS SECTOR REFORMS SERIAL CORRELATION SIGNIFICANT EFFECT SIGNIFICANT IMPACT SKILLED LABOR SKILLED WORKERS SOCIAL WELFARE STANDARD DEVIATION TELECOM TELECOMMUNICATION TIME PERIOD TOTAL OUTPUT TRADE LIBERALIZATION TRANSMISSION TRANSPORT TRANSPORT EQUIPMENT TRANSPORT SERVICES TRANSPORTATION VALUE ADDED WEB WHITE PAPER Amin, Mohammad Mattoo, Aaditya Human Capital and the Changing Structure of the Indian Economy
geographic_facet	South Asia India
relation	Policy Research Working Paper; No. 4576
description	Using panel data for the fourteen major states of India over the 1980-2000 period, the authors estimate the effect of human capital endowment on the performance of the state economies. They find that greater availability of skilled workers had a positive and significant impact on output in the service sectors. They do not find any such effect for the manufacturing sectors. The paper shows that the differential effect on services and manufacturing arises because service sectors are more skill intensive.
format	Publications & Research :: Policy Research Working Paper
author	Amin, Mohammad Mattoo, Aaditya
author_facet	Amin, Mohammad Mattoo, Aaditya
author_sort	Amin, Mohammad
title	Human Capital and the Changing Structure of the Indian Economy
title_short	Human Capital and the Changing Structure of the Indian Economy
title_full	Human Capital and the Changing Structure of the Indian Economy
title_fullStr	Human Capital and the Changing Structure of the Indian Economy
title_full_unstemmed	Human Capital and the Changing Structure of the Indian Economy
title_sort	human capital and the changing structure of the indian economy
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2008/03/9123531/human-capital-changing-structure-indian-economy http://hdl.handle.net/10986/6541
_version_	1764400452228612096

Human Capital and the Changing Structure of the Indian Economy

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