The Service Sector as India's Road to Economic Growth

Abstract

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An ECM Approach for Long Run Relationship Between Real Exchange Rate and Output Growth: Evidence from Bangladesh

“…11 have found few differences in the determinants of services exports when they attempt to estimate the effect of currency devaluation on export separately for advanced and developing economies. The results from Eichengreen and Gupta 12,13 confirm the importance of the real exchange rate for output growth. In addition, they find that the effect of the real exchange rate is even stronger for exports of services than exports of merchandise.…”

Relationship Between Inflation and Real Economic Growth in Rwanda

“…and a higher degree of joint decision making among the owners and managers of small firms (Reuber and Fischer 2002). Sustaining economic growth and improving living standards requires shifting labor into both the manufacturing and service sectors (Eichengreen and Gupta 2011).…”

Economic reforms, growth and well-being: evidence from India

“…In the Indian case, the role of services in accelerating country's growth rates has been well documented in the literature (Eichengreen & Gupta 2011). Finally, to explore the impact of the reforms on the well-being of Indian states we also include a dummy variable representing reforms that took place from 1991 onwards (D it ).…”