Indian Journal of Industrial Relations: Economics & Social Dev.

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A Comparative Analysis of Employment Intensity of Growth in South Asian Countries


Affiliations
1 Assistant Professors, School of Liberal Arts and Management, DIT University, Dehradun, Uttarakhand 248009, India
2 Associate Professor, Department of Humanities and Social Science, Indian Institute of Technology Roorkee 247667, India
3 Assistant Professor, C Z Patel College of Business and Management, New Vallabh Vidyanagar, Anand 388121, India
     

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This study investigates the trends in GDP growth, employment growth and corresponding employment elasticity in South Asian countries during the last two decades. It also investigated the determinants of employment. The study uses the data from the International Labor Organization (ILO) and World Development Indicators of World Bank. The ‘point elasticity’ method has been applied to estimate employment elasticity trends, while a simple panel regression is utilized to assess the determinants of employment. The results indicate that the GDP growth is not employment elastic in most South Asian countries. The study also shows that South Asian economies are not following the path of structural transformation experienced by many developed countries.
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  • A Comparative Analysis of Employment Intensity of Growth in South Asian Countries

Abstract Views: 245  |  PDF Views: 0

Authors

Sanjeev Kumar
Assistant Professors, School of Liberal Arts and Management, DIT University, Dehradun, Uttarakhand 248009, India
Ajay K. Singh
Assistant Professors, School of Liberal Arts and Management, DIT University, Dehradun, Uttarakhand 248009, India
Falguni Pattanaik
Associate Professor, Department of Humanities and Social Science, Indian Institute of Technology Roorkee 247667, India
Manas Kumar Pedi
Assistant Professor, C Z Patel College of Business and Management, New Vallabh Vidyanagar, Anand 388121, India

Abstract


This study investigates the trends in GDP growth, employment growth and corresponding employment elasticity in South Asian countries during the last two decades. It also investigated the determinants of employment. The study uses the data from the International Labor Organization (ILO) and World Development Indicators of World Bank. The ‘point elasticity’ method has been applied to estimate employment elasticity trends, while a simple panel regression is utilized to assess the determinants of employment. The results indicate that the GDP growth is not employment elastic in most South Asian countries. The study also shows that South Asian economies are not following the path of structural transformation experienced by many developed countries.

References