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Drivers of services sector growth acceleration in developing countries

Gideon Ndubuisi, Solomon Owusu, Rex Asiama and Elvis Avenyo

No wp-2023-87, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The services sector is dominant and continues to experience unprecedented growth in many developing economies. However, in-depth empirical analysis of the drivers of services sector growth acceleration is limited. This paper examines and identifies the underlying factors that explain services sector growth accelerations and episodes in developing countries, and how these factors may differ across services types (market services and non-market services) and regions.

Keywords: Services; Economic growth (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-dev
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