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Meeting ID: 823 6158 8903 | Passcode: 20250207 |
Abstract: 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. |