Indian Journal of Industrial Relations: Economics & Social Dev.

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Economic Contribution of Government Department Enterprises in India


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1 Avinashilingam Institute For Home Science & Higher Education For Women, Coimbatore, India
     

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This study analyzes the productivity and production function in India’s manufacturing sector with particular reference to performance of government department enterprises. The data source for the study is Annual Survey of Industries (ASI) of the Central Statistical Organization (CSO), Government of India and covered the period 2001-02/ 2012-13. Cobb-Douglas production function was applied to measure the productivity ratios and technical progress. Marginal productivity of labor varied between 0.157 units and 8.416 units across the years. These enterprises recorded marginal productivity of capital of 2.1862 units. The average capital intensity ratio was found to be 3.919. Organizational efficiency in the sector was found high.
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  • Economic Contribution of Government Department Enterprises in India

Abstract Views: 219  |  PDF Views: 0

Authors

M. Manonmani
Avinashilingam Institute For Home Science & Higher Education For Women, Coimbatore, India

Abstract


This study analyzes the productivity and production function in India’s manufacturing sector with particular reference to performance of government department enterprises. The data source for the study is Annual Survey of Industries (ASI) of the Central Statistical Organization (CSO), Government of India and covered the period 2001-02/ 2012-13. Cobb-Douglas production function was applied to measure the productivity ratios and technical progress. Marginal productivity of labor varied between 0.157 units and 8.416 units across the years. These enterprises recorded marginal productivity of capital of 2.1862 units. The average capital intensity ratio was found to be 3.919. Organizational efficiency in the sector was found high.