Indian Journal of Industrial Relations: Economics & Social Dev.

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Efficiency of India’s Intermediate Goods Industries in the Liberalized Regime


Affiliations
1 Department of Economics, Avinashilingam Deemed University for Women, Coimbatore-641043, India
     

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This study analyses the technical scale, cost and allocative efficiencies of select Indian intermediary goods industries such as manufacture of chemical and chemical products, paper and paper products, leather and leather products and non-metallic mineral products in the liberalized regime between 1991-92 and 2005-06. The efficiency scores were obtained by applying Data Envelopment Approach (DEA). It was found that for the entire period, technical, scale, cost and allocative efficient Decision Making Units were more under variable returns to scale (VRS) than under constant returns to scale (CRS) production technology.
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  • Central Statistical Organisation (CSO), Annual Survey of Industries (ASI),various issues, Government of India, New Delhi.

  • Eleventh Five Year Plan (2007-12) Agriculture, Rural Development, Industry, Services and Physical Infrastructure, Volume III, Government of India.

  • Ministry of Finance, Economic Survey, various issues, Government of India, New Delhi.

  • Charnes, A. Cooper, W. W. & Rhodes E. (1978), “Measuring the Efficiency of Decision Making Units”, European Journal Of Operation Research, 2: 429-44.

  • Banker, R. D. Charnes, A. & Cooper, W.W. (1984), “Some Models for Estimating Technical & Scale Inefficiencies in Data Envelopment Analysis”, Management Science, 30:1078-2092.


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  • Efficiency of India’s Intermediate Goods Industries in the Liberalized Regime

Abstract Views: 214  |  PDF Views: 0

Authors

M. Manonmani
Department of Economics, Avinashilingam Deemed University for Women, Coimbatore-641043, India
M. Ramya
Department of Economics, Avinashilingam Deemed University for Women, Coimbatore-641043, India

Abstract


This study analyses the technical scale, cost and allocative efficiencies of select Indian intermediary goods industries such as manufacture of chemical and chemical products, paper and paper products, leather and leather products and non-metallic mineral products in the liberalized regime between 1991-92 and 2005-06. The efficiency scores were obtained by applying Data Envelopment Approach (DEA). It was found that for the entire period, technical, scale, cost and allocative efficient Decision Making Units were more under variable returns to scale (VRS) than under constant returns to scale (CRS) production technology.

References