• Dinesh Kumar Choudhury
• Barun Kumar

This paper makes a comprehensive investigation into India’s services sector, the growth engine for the economy over the past 25 years and its interdependence with different sectors. This paper attempts to assess whether or not the services sector in India has acted as engine of growth in its structural transformation and its linkages with different sectors. The paper estimates the linkages between the series of the three broad sectors namely agriculture, Industry and services in India for the duration of 1961-2015. The results derived through Co-integration reveals that the different sectors like agriculture, industry and services have long run relationship together over the selected time period and for this reason, their growth rates are interdependent. The long relationship between agriculture, industry and services shows that the services sector has absolutely contributed to the industrial sector and the actual fact is that services act largely as input to the industrial sector; however the agriculture doesn’t absolutely influence services. After the Granger Causality test the results shows that there exists unidirectional relationship from services to industries

Service sector, Industry, Agriculture, Time Series, Co-integration, Granger Causality

"Co-integration Analysis among Indian Service Sector with Agriculture and Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 1, page no.417-423, January-2019, Available :http://www.jetir.org/papers/JETIR1901B55.pdf

"Co-integration Analysis among Indian Service Sector with Agriculture and Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 1, page no. pp417-423, January-2019, Available at : http://www.jetir.org/papers/JETIR1901B55.pdf