Total Factor Productivity of Indian Corporate Manufacturing Sector

This study attempts to examine the non-parametric index number approach of measuring total factor productivity during 1999/00- 2010/ 11 for the Indian corporate manufacturing sector. The approach includes Kendrick index, Solow index and Trans-log index. It was found that in the private limited companies all the indices of total factor productivity except, Kendrick method had shown increasing trend. In public corporations except Trans-log all the other total factor productivity indices had shown negative trend rates. In government departmental enterprises the total factor productivity indices of all the methods showed a declining trend. The total factor productivity indices of aggregate corporate sector revealed that excepting Kendrick index, all the other total factor productivity indices had increased.