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Pal, Mihir Kumar
- Productivity Growth of Indian Manufacturing: Panel Estimation of Stochastic Production Frontier
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Authors
Affiliations
1 Dept. of Economics, Midnapore College (Autonomous) 721101, IN
2 Vinod Gupta School of Management, IIT Kharagpur, IN
3 Dept. of Economics, Vidyasagar University, Midnapore, IN
1 Dept. of Economics, Midnapore College (Autonomous) 721101, IN
2 Vinod Gupta School of Management, IIT Kharagpur, IN
3 Dept. of Economics, Vidyasagar University, Midnapore, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 52, No 1 (2016), Pagination: 71-86Abstract
Along with technological progress, changes in technical efficiency, scale effect and changes in allocative efficiency can also contribute to productivity growth. The present study used the stochastic frontier production approach to decompose sources of TFPG of organized manufacturing into technological progress, changes in technical efficiency, scale effect and changes in allocative efficiency during 1981/ 82 -2010/11. According to the results, technical inefficiency, though exists, is time invariant and technological progress (TP) became the main contributor to TFPG of the sector during 1981/82 – 2010/11. Furthermore, TFPG of organized manufacturing in most states in India declined during the post-reform period due to the decline in technological progress.
- Output & Productivity Growth Decomposition:A Panel Study of Manufacturing Industries in India
Abstract Views :308 |
PDF Views:1
Authors
Affiliations
1 Dept. of Economics, Midnapore College (Autonomous), Midnapore-721101, W.B., IN
2 Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur, IN
3 Dept. of Economics With Rural Development, Vidyasagar University, Midnapore, Paschim Medinipur (W.B.), IN
1 Dept. of Economics, Midnapore College (Autonomous), Midnapore-721101, W.B., IN
2 Vinod Gupta School of Management, Indian Institute of Technology, Kharagpur, IN
3 Dept. of Economics With Rural Development, Vidyasagar University, Midnapore, Paschim Medinipur (W.B.), IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 53, No 3 (2018), Pagination: 361-377Abstract
This paper decomposes output and productivity growth of thirteen 2-digit manufacturing industries as well as total manufacturing industry in India during 1981-82 to 2010-11. The four attributes of output growth are input growth, adjusted scale effect, technological progress and technical efficiency growth. A stochastic frontier model with a translog production function is used to estimate the growth attributes of the manufacturing industries. The results show that input growth is the major contributor to output growth whereas total factor productivity growth (TFPG) sometimes remains inadequate even though it has a positive and significant effect on output growth. Technological progress is found to be the major contributor to TFPG and the scale effect has become important during recent years.References
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