Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics

I. C. Arya

Abstract

The paper has been divided into two sections. In the first section, an attempt has been made to examine the theoretical framework underlying technical change affecting productivity. In the second section, the contribution of technical change to productivity in cement Industry has been measured.

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I. C. Arya

Abstract

The growth of output of an industrial unit takes place apart from that occurring due to input factors. These types of changes in output take place due to technological change. This kind of study was originally made by M. Abramoviz who has explanined growth of output in U.S. economy. Some writers term it as a residual growth (A) that also includes growth due to technical change.

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