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The demand for services in India: a mirror image of Engel's Law for food?

Abstract:

India's development experience over the past fifty years suggests that the increasing importance of the services sector deserves analysis. The literature on structural change has emphasised changing patterns of demand as an explanation for the increasing importance of the services sector. In order to establish the significance of private final demand as an explanation for the increasing importance of the services sector in India, this paper estimates Engel curve-type relationships for six c...

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Publication status:
Published

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Publisher:
University of Oxford
Series:
Department of Economics Discussion Paper Series
Publication date:
2009-09-01
Paper number:
451
Keywords:
Pubs id:
1143981
Local pid:
pubs:1143981
Deposit date:
2020-12-15

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