Abstract
The services sector in India has been growing fast and now contributes more than half of GDP. It employs the highest percentage of the ‘educated’ manpower. The paper focuses on estimating labor quality in broad sectors of the Indian economy, especially market services during the period 1983-2011. It highlights data limitations and data challenges faced while calculating the index. It explores the drivers of labor quality growth in the market services. The components included in the index are the number of workers by education, age and gender. The results of labor quality indices show that the quality changes have been highest during the period- 2001-2011 and have been driven by educational attainment. Services have also experienced the highest growth in labor quality and it has been driven more by market services. Finally, within market services, it has been slow in transport services, and hotels & restaurants but fast in telecommunication, and financial services.
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