The contribution of services to economic activity is difficult to measure, particularly in South Asia where the informal economy is large. This note provides additional information about methodology and supplementary results presented in Chapter 3 of the South Asia Economic Focus Fall 2021 edition entitled: “Shifting Gears: Digitization and Services-Led Development.” The note focuses on the techniques used to derive the value or contribution of services to other sectors—particularly to manufacturing. It also explains the process used to analyze the extent to which services workers make up the labor force.
DETAILS
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Data and Methodologies Used to Decipher the Contribution of Services to Growth in South Asia
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10/7/2021 12:01:00 AM
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10/7/2021 12:01:00 AM
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Sebastian Franco-Bedoya,Yi Li,Valerie Mercer-Blackman
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Brief (BRI)
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English
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Afghanistan,Bangladesh,Bhutan,India,Maldives,Nepal,Pakistan,Sri Lanka
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South Asia (SAR)
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The contribution of services to economic activity is difficult to measure, particularly in South Asia where the informal economy is large. This note provides additional information about methodology and supplementary results presented in Chapter 3 of the South Asia Economic Focus Fall 2021 edition entitled: “Shifting Gears: Digitization and Services-Led Development.” The note focuses on the techniques used to derive the value or contribution of services to other sectors—particularly to manufacturing. It also explains the process used to analyze the extent to which services workers make up the labor force.
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