Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Growth of Output & Productivity of the Indian Organized Manufacturing Industries: A Comparative Study of Fifteen Major States


Affiliations
1 Dept. of Economics, Midnapore College (Autonomous), Paschim Medinipur (W.B.) 721101., India
     

   Subscribe/Renew Journal


This paper attempts to estimate growth of output and productivity of the organized manufacturing industries in India during 1981-82 to 2010-2011, the pre- and post-reform period (1981-82 to 1990-91 and 1991-92 to 2010-11 respectively) as well as over the decades during the period. So far as the industrial growth is concerned, annual growth rates, average annual growth rates as well as trend growth rates of output are estimated for the organized manufacturing industries in India and in its fifteen major industrialized states. The study further estimates partial as well as total factor productivity growth (TFPG) of the organized manufacturing industries in India and in states in India.


Keywords

No Keywords
Subscription Login to verify subscription
User
Notifications
Font Size


  • Abramovitz, M (1956), “Resources and Output Trends in the U.S. since 1870”, American Economic Review, 46(2): 5-23
  • Ahluwalia, I. J (1985), Industrial Growth in India- Stagnation since the Mid-sixties, Oxford University Press, New Delhi
  • Ahluwalia, I.J (1991), Productivity and Growth in Indian Manufacturing, Oxford University Press, New Delhi
  • Balakrishnan, P & Pushpangadan, K. (1994), “Tot al Factor P roductivity Growth in Manufacturing Industry: A Fresh Look”, Economic and Political Weekly, 30th July, 29: 2028-35
  • Balakrishnan, P., Pushpangadan, K. & Suresh Babu, M. (2000), “Trade Liberalization and Productivity Growth in Manufacturing: Evidence from firm level Panel Data”, Economic and political Weekly, 35 (41): 3679-82
  • Balakrishnan, P. (2010), Economic Growth in India: History and Prospect, Oxford University Press, New Delhi, India
  • Brahmananda, P. R (1982), Productivity in the Indian Economy: Rising Inputs for Falling Output, Himalaya Publishing House, Mumbai
  • Chaudhuri, S. (2000), “Economic Growth in the State-Four Decades-I”, Money and Finance, Oct-Dec: 45-49
  • Christensen L.R, Jorgensen D.W. & Lau L.I. (1971), “Conjugate Duality and the Transcendental Logarithmic Production Function”, Econometrica, 39: 225-56
  • Christensen L.R, Jorgensen D.W & Lau L.I (1973): “Transcendental Logarithmic Production Function”, The Review of Economics and Statistics, 55: 28-45
  • Das, D.K. (2004), “Manufacturing Productivity Growth under Varying Trade Regimes, 1980-2000”, Economic an d Political Weekly, 39(5): 423-33
  • Dash, M. K., Kabra, G.& Ajay Singh (2010). “Productivity Growth of Manufacturing Sector in India an Interstate Analysis”, European Journal of Scientific Research, 44, (3):387-99
  • Denison, E.F (1962), The Sources of Economic Growth in the United States, Washington, Committee for Economic Development
  • Denison, E.F (1974), Accounting for U.S. Economic Growth, 1929-1969, Washington D.C, Brookings Institution
  • Denison, E.F (1979), Accounting for Slower Economic Growth: The U.S. in the 1970s, Washington D.C, Brookings Institution
  • Dholakia, R.H & Dholakia, B.H (1994), Total Factor Productivity Growth in Indian Manufacturing, Economic and Political Weekly, 31 Dec, 29: 3342-3944
  • Diewert, W.E. (2000), Productivity Measurement Using Differences Rather than Ratios: A Note, University of New South Wales Working Paper, January
  • Goldar, B (1986), Productivity Growth in Indian Industry, Allied Publishers, New Delhi
  • Goldar, B (2000), Productivity Growth in Indian Manufacturing in the 1980s and 1990s, Paper Presented at Conference on Centre for Development Economics, DSE, Industrialization in a Reforming Economy: A Qualitative Assessment, New Delhi, Dec. 20-22
  • Goldar, B (2002), “Total Factor Productivity Growth in the Indian Manufacturing in 1990s”, Economic and Political Weekly, 37(49):4966-68
  • Goldar, B & Anita Kumari (2003), “Import Liberalization and Productivity Growth in Indian Manufacturing Industries in the 1990s”, The Developing Economies, 41(4): 436-60
  • Goldar, B (2004), Productivity Trends in Indian Manufacturing in the Pre and post-Reforms Periods, Working Paper No. 137, ICRIER, New Delhi, June
  • Goldar, B (2006), “Productivity Growth in Indi an Manufacturing in the 1980s and 1990s”, in Tendulkar, S.D, Mitra, A, Narayan, K & Das, D.K (Eds) India: Industrialization in a Reforming Economy, Academic Publishers, New Delhi
  • Goldsmith Raymond, W. (1951), A Perpetual Inventory of National Wealth, Studies in Income and Wealth, National Bureau of Economic Research, Volume 14 : 5-73
  • Griliches, Z & Ringsted, V (1971), Economics of Scale and Form of the Production Function, North Holland Publishing Company, Amsterdam
  • Hossain, M.A. & Karunaratne, N.D. (2004) “Trade Liberalization and Technical Efficiency: Evidence from Bangladesh Manufacturing Industries”, The Journal of Development Studies, 40: 87-114
  • Hulten, C.R. (2000), Total Factor Productivity: A Short Biography, Working paper No. 7471, Cambridge, M. A: NBER
  • Jorgenson, D. W & Griliches, Z (1967): “The Explanation of Productivity Change”, The Review of Economic Studies, 34: 349-83
  • Kendrick, J. W. (1961), Productivity Trends in the United States, NBER, Princeton University Press, Princeton, U.S.A
  • Kendrick, J. W (1973), Post-war Productivity Trends in the United States, 1948-1969, New York, NBER, U.S.A
  • Kendrick, J. W & E.S. Grossman (1980), Productivity in the U.S: Trends and Cycles, Baltimore & London: The John Hopkins university Press
  • Krishna, P. and Mitra, D (1998), “Trade Liberalization, Market discipline and Productivity growth: New evidence from India”, Journal of Development Economics, 56, 447-462
  • Kumar, Surender (2004), A Decomposition of TFP Growth: A Regional analysis of Indian Industrial Manufacturing Growth, Working Paper no. 22, National institute of Public Finance and policy, New Delhi
  • Mahadevan, R (2003), “To Measure or Not to Measure TFP Growth?” Oxford Development Studies, 31(3): 365-78
  • Mahadevan, R (2004), New Currents in Productivity Analysis: Where to Now, Productivity Series No. 31, Asian Productivity Organization, Tokyo, Japan
  • Majumdar, S. K (1996) “Fall and Rise in Productivity in Indian Industry: Has Economic Liberalization had any impact?” Economic and Political Weekly, 31, M-46-53, Nov.30
  • Majumdar, R (2004), “Productivity Growth in Small Enterprises: Role of Inputs, Technological Progress and Learning by Doing”, The Indian Journal of labor Economics 47: 901-11
  • Mukherjee, K & S. Ray (2004), “Technical Efficiency and Its Dynamics in Indian Manufacturing: An Interstate Analysis”, Department of Economics, Working Paper No.2018, University of Connecticut
  • Nagraj, R. (1997), “What Has Happened Since 1991? Assessment of India’s Economic Reforms”, Economic and Political Weekly, 32 (44-4(Nov.8-14):2869-79
  • Nagraj, R. (2003) “Industrial Policy and Performance since 1980: Which Way Now?” Economic and Political Weekly, 38: 35, August 30: 3707-15
  • Nagraj, R. (2012), Industrial Growth, in K. Basu & A. Maertens (eds.), The New Oxford Companion to Economics of India, New Delhi, Oxford University Press
  • Nayar, D. (2008), India’s Unfinished Journey Transforming Growth into Development in Liberalization and Development, Oxford University Press, New Delhi
  • Norsworthy, J.R. & Jang, S.L. (1992), “Empirical Measurement and Analysis of Productivity and Technological Change; Application in High Technology and Service Industries”. In Jorgenson D.W. & Laffont, J.J. (eds.), Contribution to Economic Analysis Series, North Holland
  • OECD (2001), “Productivity and Firm Dynamics: Evidence from Micro data”, Economic Outlook, 69, 209-33
  • Pal, Mihir Kumar (2002), “Productivity in the Organized Manufacturing Sector in India”, Concept Publishing Company, New Delhi
  • Patnaik, Prabhat (2003), “On the Economics of ‘Open Economy’ De-industrialization”, V.V. Giri Memorial Lecture at the Annual Conference of the Indian Society of Labor Economics, Kolkata, December
  • Pradhan, G & Barik. K (1998), “Fluctuating TFP in India: Evidence from Selected Polluting Industries”, Economic and Political Weekly, 33: M-25-30
  • Pradhan, G and K. Barik (1999), “TFPG in Developing Economies: A Study of Selected Industries in India”, Economic and Political Weekly, 34: M-92-105
  • Rao, I.M (1996a), “Manufacturing Productivity Growth: Method and Measurement”, Economic and Political Weekly, Nov-2, 31: 2927-36
  • Rao, I.M (1996b), “Indices of Industrial Productivity Growth: Method and Measurement”, Economic and Political weekly, 32:3177-88 RBI (2004), “Report on Currency and Finance”, 2002-03, Reserve Bank of India
  • Ray, S. C. (2002), “Did India’s Economic Reforms Improve Efficiency and Productivity: A Non-parametric Analysis of the Initial Evidence from Manufacturing”, Indian Economic Review, 37(1): 23-57
  • Rodrick, D & A. Subramanian (2004), “From ‘Hindu-Growth’ to Productivity Surge: The Mystery of the Indian Growth Transition”, NBER Working Paper No.10376, March
  • Singh, A. (2009), “The Past, Present and Future of Industrial Policy in India: Adapting to the Changing Domestic and International Environment”, in Cimoli, M, Dosi, G, & Stiglitz, J.(eds.), Industrial Policy and Development, The Political Economy of Capabilities Accumulations, Oxford University Press, New York
  • Solow, R. M. (1957), “Technical Change and the Aggregate Production Function”, Review of Economics and Statistics, 30:123
  • Srivastava, V. (1996), Liberalization, Productivity and Competition: A Panel Study of Indian Manufacturing, Oxford University Press, New Delhi
  • Srivastava, V (2000), The Impact of India’s Economic Reforms on Industrial Productivity, Efficiency and Competitiveness: A Panel Study of Indian Companies, Report of Project Sponsored by the IDBI, NCAER, New Delhi
  • Srivastava, V (2001), Measuring TFP Survey Report, Asian Productivity Organization Star, S. (1974), “Accounting for the Growth of Output”, American Economic Review, 64:123-35
  • Tata Services Limited (2003), Reforms and Productivity Trends in Indian Manufacturing Sector, Department of Economics and Statistics, TSL, Mumbai
  • Trivedi, P, A Prakash & D Sinate (2000), Productivity in Major Manufacturing Industries in India: 1973-74 to 1997-98, Development Research Group Study, No 20, Department of Economic Analysis and Policy, Reserve Bank of India, Mumbai
  • Trivedi, P (2004), “An Interstate Perspective on Manufacturing Productivity in India: 1980- 81 to 2000-01”, Indian Economic Review, 39(1): 203-37
  • Unel, Bulent (2003), Productivity Trends in India’s Manufacturing Sectors in last two decades, IMF Working Paper No. WP/03/ 22

Abstract Views: 358

PDF Views: 0




  • Growth of Output & Productivity of the Indian Organized Manufacturing Industries: A Comparative Study of Fifteen Major States

Abstract Views: 358  |  PDF Views: 0

Authors

Prasanta Kumar Roy
Dept. of Economics, Midnapore College (Autonomous), Paschim Medinipur (W.B.) 721101., India

Abstract


This paper attempts to estimate growth of output and productivity of the organized manufacturing industries in India during 1981-82 to 2010-2011, the pre- and post-reform period (1981-82 to 1990-91 and 1991-92 to 2010-11 respectively) as well as over the decades during the period. So far as the industrial growth is concerned, annual growth rates, average annual growth rates as well as trend growth rates of output are estimated for the organized manufacturing industries in India and in its fifteen major industrialized states. The study further estimates partial as well as total factor productivity growth (TFPG) of the organized manufacturing industries in India and in states in India.


Keywords


No Keywords

References