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| Author | : Arnab K. Deb |
| Publisher | : |
| Total Pages | : |
| Release | : 2013 |
| Genre | : |
| ISBN | : |
| Author | : Rajesh Raj |
| Publisher | : |
| Total Pages | : 35 |
| Release | : 2007 |
| Genre | : |
| ISBN | : |
This paper analyses total factor productivity growth in the unorganized manufacturing sector in India using several rounds of the large scale National Sample Survey state-level data for 15 major Indian states for the period 1978-79 to 2000-01. Data Envelopment Analysis is used to compute Malmquist total factor productivity index and its components. The impact of economic reforms on efficiency is examined. Evidence suggests that total factor productivity registered a positive growth during the period in the country as a whole. Most states in the country witnessed higher total factor productivity growth in the post 1990s reform period than in the pre-reform years. Decomposition of the Malmquist productivity index shows that improvement in technical efficiency rather than technical progress had contributed to the observed acceleration in the growth rate. Technological regress was observed which has continued at a decelerated rate in the reforms period. Econometric analysis of the determinants of total factor productivity growth indicates tendency towards convergence in the productivity growth rate across the Indian states.
| Author | : Vinish Kathuria |
| Publisher | : Routledge |
| Total Pages | : 302 |
| Release | : 2014-09-25 |
| Genre | : Business & Economics |
| ISBN | : 1317559789 |
This volume comprehensively captures trends in productivity and its determinants in the post-reform period for Indian manufacturing. It provides an up-to-date survey of different methods employed in measuring productivity and their applications across organized and unorganized sectors, including food, beverages, furniture, gems, chemicals, petroleum and rubber, metals and minerals, paper products, publishing, textiles, etc. The essays examine the uneven impact of economic reforms and growth on the performance of the manufacturing sector. This will be especially useful to students and scholars of economics, business and management, policymakers and governmental agencies, particularly those interested in Indian economy and manufacturing.
| Author | : Sangho Kim |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2012 |
| Genre | : |
| ISBN | : |
A stochastic frontier production function model is applied to Indian manufacturing industries, to decompose the sources of total factor productivity growth into technical progress, technical efficiency, scale efficiency, and allocative efficiency. Empirical results based on data from 2000 to 2006 suggest that increased investment needs time to deliver increased productivity and efficiency, because new technology combined with fresh investment requires higher numbers of skilled workers, better managerial practices and an advanced input mix, all of which generally take time to develop. Thus, the Indian economy must boost technical efficiency by providing skilled workers and high quality managers to further economic reform.
| Author | : Vivek Srivastava |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 188 |
| Release | : 1996 |
| Genre | : Business & Economics |
| ISBN | : |
The empirical evidence linking economic reform in developing countries with gains in productivity and efficiency is both limited and inconclusive. Using large firm-level data collected by the Reserve Bank of India, this book examines the impact of reform on productivity and competition for the Indian manufacturing sector in the eighties. Relying on econometric estimates of pre- and post-reform productivity growth, the study finds evidence of significantly higher productivity growth rates after the mid-eighties both at the aggregate and two-digit sector levels. The author seeks corroborating evidence by developing a framework that enables him to simultaneously estimate economies of scale, a measure of optimal labour utilization and the mark-up of price over marginal cost as an indicator of competitiveness. Though he finds evidence of better labour utilization, there is no indication of reduced market power or any significant departure from constant returns to scale in the post-reform period. He concludes that even the limited reforms of the eighties led to productivity gains which were achieved largely through better resource use.
| Author | : Mr.Bulent Unel |
| Publisher | : International Monetary Fund |
| Total Pages | : 27 |
| Release | : 2003-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1451843992 |
Starting in the late 1970s, the Indian authorities implemented a series of reforms aimed at exposing the economy to greater competition and at liberalizing key aspects of economic activity. This paper investigates productivity trends in India's (registered) manufacturing sectors during the 1980s and 1990s. The main findings of the paper are (i) labor and total factor productivity (TFP) growth in total manufacturing and many of the component sectors since 1980 were markedly higher than that in the preceding two decades, although the extent of the acceleration in TFP growth depends critically on the underlying assumptions about factor elasticities and the assumed structure of the production function; (ii) productivity growth for total manufacturing as well as for many subsectors picked up further after the 1991 reforms; and (iii) classification of the best performing sectors and the weakest performing sectors, based on comparative TFP, remains robust to changes in underlying assumptions.
| Author | : Mr.Arvind Virmani |
| Publisher | : International Monetary Fund |
| Total Pages | : 35 |
| Release | : 2011-07-01 |
| Genre | : Business & Economics |
| ISBN | : 1455298735 |
Most estimates of Indian manufacturing productivity find a slowdown in the 1990s. This has puzzled analysts, given that 1990s reforms were deeper and wider than the 1980s reforms that raised the growth rate of the Indian economy by 2 per cent points. This paper tests the hypothesis of the J curve of Productivity and Growth following major liberalization and finds it to be broadly supported by the data: Technological obsolescence, gradual adoption of new technology and learning by doing result in negative effects on measured productivity.
| Author | : Kunal Sen |
| Publisher | : Taylor & Francis |
| Total Pages | : 187 |
| Release | : 2009 |
| Genre | : Income distribution |
| ISBN | : 0415413354 |
This book examines the implications of trade reforms with reference to the 1991 reforms for India's manufacturing sector. The gradualist nature of the reform process, the move from a restrictive policy regime to an open one, and the unevenness of the reforms across sectors make the Indian economy a relevant context for understanding the welfare implications of trade reforms.
| Author | : Arnab Kumar Deb |
| Publisher | : |
| Total Pages | : 340 |
| Release | : 2012 |
| Genre | : |
| ISBN | : |
| Author | : Isher Judge Ahluwalia |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 268 |
| Release | : 1991 |
| Genre | : Business & Economics |
| ISBN | : |
What caused the increase in industrial productivity in the marketing sector of India in the 1980s after nearly two decades of industrial stagnation? This book examines the causes of this turn around, including improvements in planning and performance of infrastructure sectors, as well as changes in industrial and trade policies. The study emphasizes the need for policy reform at the microeconomic level combined with strong measures designed to enhance a macroeconomic environment which is conducive to growth.
