Structural Change and Service Sector Growth in Haryana

Issue-10, vol 3, Research Review Journal of Multi Disciplinary, 2020

12 Pages Posted: 28 Apr 2020

Date Written: April 2, 2020

Abstract

Structural change Involves emergence and expansion of new economic activities,new industries and transformation of economy leading to improvements in human capital skills. Structural change occurs when an economy changes the way it functions. The present paper aims to understand the process of structural change and service sector growth in Haryana. Shift share Analysis has been used for this analysis. The tool decomposes the aggregate productivity into two Effects 1) Within Effect 2) Between Effect. The research results show that Haryana has been experiencing movement of labour from low productivity sectors to high productivity sectors.

Keywords: Structural change, Shift share, Haryana, Within Effect, Between Effect, Service sector

JEL Classification: L81, L87, L8, L9

Suggested Citation

Moudgil, Anita and Kumar Aggarwal, Parmod, Structural Change and Service Sector Growth in Haryana (April 2, 2020). Issue-10, vol 3, Research Review Journal of Multi Disciplinary, 2020, Available at SSRN: https://ssrn.com/abstract=3566810

Anita Moudgil (Contact Author)

D.A.V.College for Girls

Yamuna Nagar
Yamuna Nagar, Haryana, Haryana 135001
India

Parmod Kumar Aggarwal

Punjabi University ( email )

P. O Box 147002, Patiala
147002
India

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