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Productivity In The Organised Manufacturing Sector In India
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Book Synopsis Productivity In The Organised Manufacturing Sector In India by : Mihir Kumar Pal
Download or read book Productivity In The Organised Manufacturing Sector In India written by Mihir Kumar Pal and published by Concept Publishing Company. This book was released on 2002 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Productivity And Wages In Indian Industries by : Laxmi Narayan
Download or read book Productivity And Wages In Indian Industries written by Laxmi Narayan and published by Discovery Publishing House. This book was released on 2003 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Productivity and wages plays an important role in the economic development and ultimately determines the standard of living in the country. In a developing economy like India the wage policy is facing a real conflict between the need of the workers for larger consumption and the demand of the economy for higher rate of capital formation. The increasing productivity and its linking with wages is the best option available. The book examines the relationship between productivity and wages in selected industries of organised manufacturing. In this endeavour, the book examines (a) The trends in productivity; (b) The trends in distribution of productivity gains; (c) The trends in factor compensation (wages and rate of return). Contents: Introduction and Problem Setting, Data and Methodology, Wage Productivity Relationship Theoretical and Empirical Evidence, Productivity Trends in Selected Industries, Trends in Distribution of Productivity Gains, Trends in Wages and Earnings, Wage-Productivity R
Book Synopsis Productivity in Indian Manufacturing by : Vinish Kathuria
Download or read book Productivity in Indian Manufacturing written by Vinish Kathuria and published by Routledge. This book was released on 2014-09-25 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Liberalization, Productivity, and Competition by : Vivek Srivastava
Download or read book Liberalization, Productivity, and Competition written by Vivek Srivastava and published by Oxford University Press, USA. This book was released on 1996 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Productivity Growth in the Manufacturing Sector by : Mihir Kumar Pal
Download or read book Productivity Growth in the Manufacturing Sector written by Mihir Kumar Pal and published by Emerald Group Publishing. This book was released on 2021-06-03 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth of manufacturing industries is one of the key sectors in helping to mitigate global recessions. Productivity Growth in the Manufacturing Sector thoroughly discusses issues and potential remedies of this sector for a range of international countries.
Book Synopsis Productivity and Growth in Indian Manufacturing by : Isher Judge Ahluwalia
Download or read book Productivity and Growth in Indian Manufacturing written by Isher Judge Ahluwalia and published by Oxford University Press, USA. This book was released on 1991 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Productivity Trends in India's Manufacturing Sectors in the Last Two Decades by : Mr.Bulent Unel
Download or read book Productivity Trends in India's Manufacturing Sectors in the Last Two Decades written by Mr.Bulent Unel and published by International Monetary Fund. This book was released on 2003-01-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Productivity Growth in Indian Industry by : B. N. Goldar
Download or read book Productivity Growth in Indian Industry written by B. N. Goldar and published by . This book was released on 1986 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Technological Change and Productivity Growth in Manufacturing Sector of India by : N. G. Pendse
Download or read book Technological Change and Productivity Growth in Manufacturing Sector of India written by N. G. Pendse and published by Sarup & Sons. This book was released on 2008 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis J-Curve of Productivity and Growth by : Mr.Arvind Virmani
Download or read book J-Curve of Productivity and Growth written by Mr.Arvind Virmani and published by International Monetary Fund. This book was released on 2011-07-01 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Accelerators of India's Growth—Industry, Trade and Employment by : Suresh Chand Aggarwal
Download or read book Accelerators of India's Growth—Industry, Trade and Employment written by Suresh Chand Aggarwal and published by Springer Nature. This book was released on 2020-02-14 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a collection of distinguished contributions that identify current growth accelerators in India, and suggest policies and strategies to make India’s growth more sustainable and inclusive. The papers are divided into three sections, the first of which focuses on issues related to industrial growth in India. The discussions include India’s industrial development (manufacturing, construction and mining); role of manufacturing; global value chains; and of environment in industrial development. In turn, section II deals with issues related to trade and FDI as accelerators of India’s growth. The respective chapters explore the changing patterns of trade, impacts of technology, and spill-over effects of FDI, to name but a few. Lastly, the third section discusses employment-related issues like measurement of labour input, the dichotomy of the Indian labour market, the nature of firms and employment generation, and impacts of technology on employment. Given its scope and focus, the book offers an invaluable resource for researchers and policymakers alike.
Book Synopsis Globalisation, Industrial Restructuring and Labour Standards by : Debdas Banerjee
Download or read book Globalisation, Industrial Restructuring and Labour Standards written by Debdas Banerjee and published by SAGE. This book was released on 2005-07-13 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the current conditions of work in the Indian factory sector, and provides a critical analysis of the wage, profit and productivity behaviour in India’s organised manufacturing sector over the last two decades. Examining the specificities of the conditions of industrial workers, it addresses three major questions:/-//-/- What has happened to the relative shares of profits and wages;/-/- How do we explain the levels and changes and;/-/- Are better labour standards antithetical to the project of industrial restructuring?/-//-/The author also examines the problem of industrial restructuring in India within the broader context of power and inequality in the workplace. He argues that even though the existing laws mandate decent labour conditions, India has been unable to implement them because of the minimalist position taken by successive governments./-//-/Providing new and fascinating insights into industrial growth, labour standards and development in the framework of globalisation, this book will interest students and scholars of economics, economic history, political science and sociology, as well as students of management and labour relations.
Book Synopsis Efficiency, Technological Progress and Regional Comparative Advantage by : Dipa Mukherjee
Download or read book Efficiency, Technological Progress and Regional Comparative Advantage written by Dipa Mukherjee and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological upgradation and increasing capital intensity in organised manufacturing sector in India has been championed on grounds of improving productivity, efficiency, and competitiveness. In a developing economy this is a costly proposition due to capital scarcity, and the effect of technological changes on productivity and efficiency levels have to be estimated before taking such policies. This paper seeks to estimate trends in Factor Productivity, Technological Progress, and Technological Efficiency in this sector and examines their relative importance also. Technical Efficiency is observed to be moderate and further declining in the nineties. Substantial disparity exists among regions and product groups regarding Efficiency, Technical Progress and Efficiency changes. It is found that increasing capital intensity has been associated with falling productivity, efficiency, and technological deceleration in the nineties. Wider diffusion rather than greater capital use is thus recommended for productivity rise. Regional efficiency matrix is also prepared so that states can focus on specific areas where they have comparative advantages.
Book Synopsis Organized Versus Unorganized Manufacturing Performance in India in the Post-Reform Period by : Vinish Kathuria
Download or read book Organized Versus Unorganized Manufacturing Performance in India in the Post-Reform Period written by Vinish Kathuria and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the productivity performance of the Indian manufacturing sector using unit level data, which is aggregated at four-digit industry level for the period 1994-95 to 2004-05 for 15 major states. The study focuses on both the organized and unorganized segments of the manufacturing sector. Both partial and total factor productivity (TFP) measures have been employed to trace the productivity performance of formal and informal manufacturing sector. TFP is estimated using Cobb-Douglas production functions at the four-digit industry level. The estimation is carried out by employing the Levinsohn-Petrin method, which uses intermediate inputs as the proxy to address the potential simultaneity bias in production function estimations. Our analysis reveals that labour productivity has increased for the organized sector over time whereas both labour productivity and capital intensity growth have slowed down in the unorganized sector during the 2000-01 to 2004-05 period. The production function analysis shows that capital has played a more significant role in the production process in both the sectors. TFP growth accelerated in the organized manufacturing sector during 2001-05 over 1995-2001 while the TFP decline that started in the first period (1995-2001) continued unabated even in the second period (2001-2005) in the unorganized manufacturing sector. We also find that output growth in both the sectors is productivity driven and not input driven. The improvement in TFPG of organized manufacturing in the post-2000 period as compared to the second half the 1990s across most states in India and that output growth was mostly productivity driven are important positive features of manufacturing performance in the post-reform period. However, the declining total factor productivity on one hand and increasing capital intensity of the unorganized sector is a cause of worry and raises several important questions.
Download or read book Industry-Led Growth written by Arup Mitra and published by Springer. This book was released on 2015-11-18 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book explores, for India and other developing countries, the potential role the organized manufacturing sector could play as an engine of growth. Alongside growth, can this sector generate adequate employment opportunities to facilitate the transfer of labour from the agriculture sector? The book identifies the major constraints that result in limited demand for labour in the organised manufacturing sector. Beyond technological aspects, skill shortage is an important factor, resulting in sluggish labour absorption. Further, the labour market laws are not necessarily the root cause of sluggish employment growth in the organised manufacturing sector. The development of technologies that are appropriate for labour surplus countries like India is instrumental to employment creation. Though innovation is generally assumed to be capital-intensive in nature, the book argues that innovation nevertheless has a positive effect on employment in absolute terms. Lastly, the main policy issues are highlighted in terms of the priority that should be assigned to industries which can contribute to employment growth and skill formation for improving the employability of the available labour force, and to which innovations should be pursued, with a specific focus on pro-poor growth objectives.
Book Synopsis Trade Reforms and Performance in Indian Manufacturing by : Homagni Choudhury
Download or read book Trade Reforms and Performance in Indian Manufacturing written by Homagni Choudhury and published by LAP Lambert Academic Publishing. This book was released on 2010-11 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates the impact of trade policy reforms (TPR) in India on aspects of economic performance of the organized manufacturing sector. Using econometric techniques on panel data for a sample of 72 three-digit industries (regrouped to form 45 industries), the study finds some evidence of a positive impact of TPR on wage inequality, labour productivity growth and employment growth. The study also uses a Value-Added approach as well as a Revealed Comparative Advantage (RCA) approach to conclude that the comparative advantage of India in the organized manufacturing sector has not changed over the reforms period implying the existence of structural bottlenecks and domestic policy induced rigidities standing as impediments to resource reallocation.
Book Synopsis Productivity and Firm Size Distribution by : Shanthi Nataraj
Download or read book Productivity and Firm Size Distribution written by Shanthi Nataraj and published by . This book was released on 2010 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation examines the impacts of India's trade liberalization and a variety of other policies on productivity and employment among manufacturing firms. One main contribution of this work is that it considers not only large firms in India's organized (formal) manufacturing sector, but also small firms in the unorganized (informal) manufacturing sector. Informal firms are those that have fewer than 20 employees (10 employees if power is used), and are therefore not required to register with the government under India's Factories Act. Most of the literature on India's trade and other reforms has focused on formal firms, but the informal sector accounts for approximately 80% of manufacturing employment. In the first chapter, I describe a unique dataset that I constructed by linking formal and informal firm-level surveys that were conducted by the Indian government. The resulting dataset provides three cross-sectional snapshots that are representative of the entire manufacturing industry during the course of the 1990's. This chapter discusses the industries in which formal and informal firms are found, examines various issues related to the size distribution of firms, and compares formal and informal firms with the same number of employees. The second chapter examines the impact of India's trade liberalization on the productivity of manufacturing firms. Despite a large literature investigating the links between trade and productivity, there is almost no evidence on how small firms react to trade liberalization. In this chapter, I show that India's trade liberalization increased firm productivity in both the formal and informal sectors; however, the increases occurred through different channels in the two sectors. In the informal sector, I find that the liberalization of final goods tariffs increased productivity by approximately 15% during the course of the 1990's. In contrast, the increase in productivity among formal firms was driven by the liberalization of tariffs on intermediate inputs rather than final goods. Furthermore, I examine the effect of the trade liberalization on the productivity and output distributions, and I find evidence suggesting that at least part of the increase in productivity in the informal sector was driven by the exit of the smallest, least productive firms. The third chapter investigates the phenomenon of the "missing middle" in Indian manufacturing - the fact that employment is concentrated in small and large firms, with relatively little employment in mid-sized firms (firms with 50-500 employees). A number of policies have been proposed as causes of the missing middle, but there is little quantitative evidence on how changes in these policies would affect the employment size distribution. I consider the impacts of five policies - credit availability for small firms, electricity surpluses, trade liberalization, industrial licensing, and foreign direct investment liberalization - on the employment size distribution. I find that improving India's poor electricity supplies would mitigate the missing middle by shifting the employment size distribution towards firms with 50-1,000 employees. India's liberalization measures of the 1990's had mixed effects on the missing middle: the liberalization of final goods tariffs exacerbated the missing middle, while the liberalization of intermediate input tariffs mitigated it. The foreign direct investment liberalization shifted the employment size distribution towards firms with 20-500 employees, while the industrial licensing reforms shifted the distribution towards firms with 10-60 employees, and away from firms with 60 or more employees. The results also indicate that India's labor regulations played a role in how many of these policies affected the missing middle.
