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Factor Content of India's Experts A Deconstruct

By: Contributor(s): Material type: TextTextPublication details: Economic and Political Weekly; 2024Description: 63-74ISSN:
  • 00129976
Subject(s): Online resources: Summary: The factor content of India’s export basket is examined by mapping the KLEMS database with India’s export basket. The share of labour, capital, and materials in India’s export basket and their shift over time are analysed. While India’s exports increased rapidly in size in the first decade of the 21st century, they were accompanied by a fall in the labour content of exports due to a fall in the labour intensity of the different sectors as well as a change in the sectoral composition of India’s export basket towards less labour-intensive sectors like coke and petroleum products, and chemical and chemical products. While India’s exports were more labour-intensive than the overall economic production till 2006–07, it has been less labour-intensive since then. 
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Article Index Article Index Dr VKRV Rao Library Vol. 59, No. 32 Not for loan AI522

The factor content of India’s export basket is examined by mapping the KLEMS database with India’s export basket. The share of labour, capital, and materials in India’s export basket and their shift over time are analysed. While India’s exports increased rapidly in size in the first decade of the 21st century, they were accompanied by a fall in the labour content of exports due to a fall in the labour intensity of the different sectors as well as a change in the sectoral composition of India’s export basket towards less labour-intensive sectors like coke and petroleum products, and chemical and chemical products. While India’s exports were more labour-intensive than the overall economic production till 2006–07, it has been less labour-intensive since then. 

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