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Sarkar, Santanu
- Labour Cost & Foreign Direct Investment-Evidence from India
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Authors
Affiliations
1 Department of Finance, Shih Chien University Kaohsiung Campus, Neimen Shiang, Kaohsiung 845, TAIWAN, CN
2 Department of PM&IR, School of Business and Human Resources, XLRI Jamshedpur 831001, IN
1 Department of Finance, Shih Chien University Kaohsiung Campus, Neimen Shiang, Kaohsiung 845, TAIWAN, CN
2 Department of PM&IR, School of Business and Human Resources, XLRI Jamshedpur 831001, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 46, No 3 (2011), Pagination: 396-411Abstract
This study measures the effect of labour cost on foreign direct investment in India and finds out whether the foreign owned firms pay higher wages than their domestic counterparts. The estimation has been done by the Ordinary Least Square (OLS) technique. Data suggest that after controlling the output, the lower average wage attracts foreign investment in a firm implying that India enjoys comparative advantages of low labour cost which enables her to lead in product competition globally. Second, Indian firms will have efficiency wage to encourage employees to produce higher output. In addition, the foreign owned firms in India pay higher wages than their domestic counterparts. The firms with higher ratio of foreign ownership pay more wages than the firms having lower ratio.References
- Aitken, B. & Harrison, A. (1999), “Do Domestic Firms Benefit from Foreign Investment? Evidence from Venezuela”, American Economic Review, 89: 605-18.
- Aizenman J. & M. M. Spiegel (2003), “Institutional Efficiency, Monitoring Costs, and the Investment Share of FDI”. Working paper 2003-06, San Francisco, FRB of San Francisco
- Besley T. & R. Burgress (2002), “Can Labour Regulation Hinder Economic Performance? Evidence from India”, Working paper DEDPS 33, London School of Economics and Political Science. London, UK.
- Blomström M. & A. Kokko (2003), “The Economics of Foreign Direct Investment Incentives”, Working Paper 168, Stockholm, Sweden
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- Eicher T. S. & P. Kalaitzidakis (1997), “The Human Capital Dimension to Foreign Direct Investment: Training, Adverse Selection and Firm Location”, Teo Eicher, Panteilis Kalaitzidakis, Trade, Dynamics and Growth: 200-50
- Feenstra R. C. & G. H. Hanson (2001), “Gobal Production Sharing and Raising Inequality: A Survey of Trade and Wages”, Working paper 8372, Cambridge, MA, NBER
- ........(1999), “Foreign Direct Investment and Relative Wages: Evidence from Mexico’s Maquiladoras”, Quarterly Journal of Economics, 114(3): 907-40
- Gao T. (2005), “Labor Quality and the Location of Foreign Direct Investment: Evidence from China”, China Economic Review, 16(3): 274-292.
- Girma S., D. Greenaway & K. Wakelin (2001), “Who Benefits from Foreign Direct Investment in the UK?”, Scottish Journal of Political Economy, 48: 119-33
- Hatzius J. (2000), “Foreign Direct Investment and Factor Demand Elasticities”, European Economic Review, 44: 117-43
- Harms P. & Meulen P. (2009), “The Demographics of Expropriation Risk”, Working paper 09.02, Study center, Gerzensee
- Janicki H. P. & P. V. Wunnava (2004), “Determinants of Foreign Direct Investment: Empirical Evidence from EU Accession Candidates”, Applied Economics, 36: 505-09
- Lipsay R. E. & F. Sjöholm (2004), The Impact of Inward FDI on Host Countries: Why such Differences? Does FDI Promote Development? City University of New York, New York
- Sarkar S. & Y. C. Lai (2009), “Foreign Direct Investment, Spill Overs and Output Dispersion – The case of India”, International Journal of Information and Management Sciences, 20(4): 491-503
- Wei W. (2005), “China and India: Any Difference in their FDI Performance?” Journal of Asian Economics, 16: 719-36.
- Trade Unionism in Indian BPO-ITeS Industry - Insights from Literature
Abstract Views :243 |
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Authors
Affiliations
1 School of Business and Human Resources, XLRI Jamshedpur 831001, IN
1 School of Business and Human Resources, XLRI Jamshedpur 831001, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 44, No 1 (2008), Pagination: 72-88Abstract
This paper looks at the trends in outsourcing industry in India visa- vis the role played by the industry related factors in rebuffing (or accepting) unionization of its workers. The examination is based on the review of extant literature on working and employment conditions of BPO-ITeS and call centre employees. The paper highlights the role of key policy actors in the external environment and internal (organizational or contextual and individual) dispositions that were instrumental in the failure of the unionization effort in the beginning. It shows the significant impact of the competitive pressures in the changing nature of employee relations in Indian BPO-ITeS industry.References
- Bain, P. & P. Taylor (2000), "Entrapped by the 'Electronic P anopticon'? Worker Resistance in the Call Centre", New Technology, Work and Employment, 15 (1): 2-18.
- Bain, P & Taylor, P (2008), "No Passage to India? Initial Responses of UK Trade Unions to Call Centre Offshoring", Industrial Relations Journal, 39(1): 5 - 23.
- Chandr asekhar, C.P (2005), "IT-Services as Locomotive", Frontline, 22 (13): 1-4.
- Chennai-based (2006), "Who Says BPOs Don't Have Unions"? The Telegraph, Sunday, November 05 (Calcutta).
- Herod, A (2001), "Labour Internationalism and the Contradictions of Globalisation: or, Why the Local is Sometimes Still Important in a Global Economy", Antipode, 33(3): 407-26.
- Kelly, J. (1998), Rethinking Industrial Relations: Mobilization, Collectivism and Long Waves, London: Routledge.
- Moody, K (1997), Workers in a Lean World, Verso, London.
- Noronha, E. & P. d'Cruz (2006), "Organising Call Centre Agents: Emerging Issues", Economic and Political Weekly, 27 May 2006,2115-21.
- Sandhu, A (2006), "Why Unions Fail in Organising India's BPO-ITES Industry," Economic and Political Weekly, 140ct: 4319-22.
- Sarkar, S (2008), "Individualism-Collectivism as Predictors of BPO Employee Attitudes Toward Union Membership in India", Asia Pacific Journal of Management (In Press).
- The Hindu (2006), "Employees Union Set Up in IT Sector", Nov 15 (Kolkata).
- UNI Apro (2005) Introducing UNI Apro's CBPOP Project, Official Notice, June 25 (Singapore ).
- UNI. (2005) Conditions of work and attitude toward trade union, UNI Apro Survey on Indian BPO Professionals, Switzerland.
- BSWU: A Case of 'Independent' Trade Union in India
Abstract Views :436 |
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Authors
Affiliations
1 School of Business & Human Resources, XLRI Jamshedpur 831001, IN
1 School of Business & Human Resources, XLRI Jamshedpur 831001, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 44, No 2 (2008), Pagination: 303-316Abstract
No AbstractReferences
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- Bhattacherjee, D. (1999), "Organized Labour and Economic Liberalization, India: Past, Present and Future", Discussion Paper, Labour and Society Programme of International Labour Organization, Geneva 22.
- Chatterjee, R. (1980), Unions, Politics, and The State: A Study of Indian Labour Politics, New Delhi: South Asian Publishers.
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- Do High FDI Indian Firms Pay Low Wages & Have Higher Output?
Abstract Views :159 |
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Authors
Affiliations
1 Department of Finance, Shih Chien University Kaohsiung Neimen Shiang, Kaohsiung-845, TW
2 XLRI , Jamshedpur-831001, IN
1 Department of Finance, Shih Chien University Kaohsiung Neimen Shiang, Kaohsiung-845, TW
2 XLRI , Jamshedpur-831001, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 52, No 3 (2017), Pagination: 432-442Abstract
Since trade liberalization in 1991, foreign firms in large numbers came to invest in India. It may cause wage increases in foreign owned firms leading to wage spillover effects within the industry. This paper investigates the relationship between wage dispersion and output of firms belonging to industry sectors with high foreign investment in India. It was found that the current wage dispersion may have a stronger significant effect on the decreasing current output. The low paying firms in industry sector with high foreign investment however will generate more output in the next year compared to those in other industry sectors.- Changing Judicial Pronouncements on Impugned Discharge & Dismissal Under Industrial Disputes Act, 1947
Abstract Views :169 |
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Authors
Affiliations
1 Xavier School of Management, C H Area (East), Jamshedpur-831001, IN
1 Xavier School of Management, C H Area (East), Jamshedpur-831001, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 53, No 2 (2017), Pagination: 200-207Abstract
From a review of more than 200 court rulings delivered by the Supreme Court and different High Courts in India over six decades since 1950, the author establishes a relationship between India’s changing economic and related labor policies and the judicial pronouncements by the courts over a fairly long time. Effect of the changing economic policies on judicial pronouncements on impugned discharge/dismissal made under the Industrial Disputes Act of 1947 was examined and it was found that the statute did not change to the extent as did its interpretations by the courts. It is disputable whether the change in judicial interpretation could be completely attributed to the transforming economic policies.- Dynamics in a Plant Level Bargaining Process & Wage Determination
Abstract Views :171 |
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Authors
Affiliations
1 XLRI Jamshedpur, Xavier School of Management, Jamshedpur 831001, IN
2 Minton Consulting Pvt.Ltd., Hyderabad, 500081, IN
1 XLRI Jamshedpur, Xavier School of Management, Jamshedpur 831001, IN
2 Minton Consulting Pvt.Ltd., Hyderabad, 500081, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 54, No 2 (2018), Pagination: 267-281Abstract
In this paper, the authors narrate the experiences of union and management in six months long wage negotiations to explain if the factors that trigger a type of behavior displayed by parties across table are predictable and guided by sheer rationality. The narrative suggests that most behaviors displayed by parties, strategies adopted, tactics used and roles chosen were within the limits of rationality with very few exceptions. While we are aware of the determinants of the negotiated outcome that exists in extant literature, it is much needed to check if the behavioral manifestations that appear are truly unreasonable or falsely portrayed as irrational to reduce predictability of party’s demand or offer in subsequent rounds.References
- Allen, L. E. (1956). “Games Bargaining: A Proposed Application of the Theory of Games to Collective Bargaining”, Faculty Scholarship Series. 4520(http://digitalcommons.law.yale.edu/fss_papers/4520)
- Amernic, J. & Craig, R. (1992), “Employer Equivocality and Union Heterogeneity as Determinants of the Role of Accounting in Collective Bargaining”, Accounting, Auditing and Accountability Journal, 5(1):60-79.
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- Mishel, L. (1986), “The Structural Determinants of Union Bargaining Power”, Industrial and Labor Relations Review, 40(1): 90-104.
- Sarkar, Santanu (2008), “ BSWU: Case Study of Independent Trade Union in India”, Indian Journal of Industrial Relations 44(3): 303-16.
- Labor Legislation, Educated Labor & Foreign Direct Investment in Manufacturing in Taiwan
Abstract Views :279 |
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Authors
Affiliations
1 Department of Finance, Shih Chien University, Kaohsiung Campus,372 Minchuing Second Road, Kaohsiung 806, TW
2 XLRI Jamshedpur, School of Business and Human Resources,Jamshedpur 831001, IN
1 Department of Finance, Shih Chien University, Kaohsiung Campus,372 Minchuing Second Road, Kaohsiung 806, TW
2 XLRI Jamshedpur, School of Business and Human Resources,Jamshedpur 831001, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 55, No 1 (2019), Pagination: 39-53Abstract
This study shows that educated labor is an important factor for output spill over and the sectors or firms in Taiwan with higher percentage of educated workforce have exerted a greater pull on foreign investment, whereas the local Taiwanese firms with higher percentage of educated workforce were unlikely to invest abroad. It was found that initially both foreign and domestic firms have reduced their investments when government introduced new legislations to regulate working conditions and employment practices in Taiwan. But when the government continued introducing more stringent labor standards, the country witnessed an upsurge in inflows of investment over a period of time and the domestic firms began investing abroad instead of concentrating in the home country.References
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- Gao, T. (2005),”Labor Quality and the Location of Foreign Direct Investment: Evidence from China”,China Economic Review, 16(3): 274-292.
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- Javorcik, B. S.&Spatareanu, M. (2005), “Do Foreign Investors Care about Labor Market Regulations? “,Review of World Economics, 141(3): 375-403.
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- Lai, Y.C. &Masters, S. (2005),”The Effects of Maternity and Pregnancy Benefits on Women’sWages and Employment in Taiwan, 1984-1996",Industrial and Labor Relation Review, 58(2): 274-81.
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- Lai, Y. C. (2019),”The Effect of Migrant Workers on Native Workers — Evidence of College Premium from Taiwan ROC”,Global Economic Review, 48(1):88-110 (Doi: 10.1080/1226508X.2019.1571429).
- Lai, Y. C.&Sarkar, S. (2011),”Labor Cost and Foreign Direct Investment Evidence from India”, Indian Journal of Industrial Relations, 46(3): 396-411.
- Lai, Y. C.& Sarkar, S. (2013),”Labor Market Effects of Work-Sharing Arrangements in Taiwan R O C”,International Journal of Manpower, 34(6): 635-657.
- Lai, Y.C., and Sarkar, S. (2016),”Effects of Paid Parental Leave Allowance on Labor Market Outcomes in Taiwan”,International Journal of Information and Management System, 27(4): 379-403.
- Lai, Y. C.& Sarkar, S. (2017a),”Gender Equality Legislation and Foreign Direct Investment: Evidence from the Labor Market of Taiwan ROC”,International Journal of Manpower, 38(2): 160-79.
- Lai, Y. C.& Sarkar, S. (2017b),”Do High FDI Indian Firms Pay Low Wages & Have Higher Output?”, Indian Journal of Industrial Relations, 52(3): 432-42.
- Lee, J.S.& Wu, H.L. (1996),”The 1984 Fair Labor Standards and Its Impact on Industrial Development in the Republic of China on Taiwan”, inLee J.S.(ed),The Labor Standards and Economic Development, Taipei: 147-72
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- Noorbakhsh, F.,Paloni, A.& Youssef, A. (2001),”Human Capital FDI Inflows to Developing Countries”,World Development, 29(9): 1593–1611.
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- Sarkar, S.&Lai, Y. C. (2009),”Foreign Direct Investment, Spillovers and Output Dispersion – The Case in India”,International Journal of Information and Management Science, 20(4): 491-503.
- Vijaya, R. M.&Kaltani, L.(2007),”Foreign Direct Investment and Wages: A Bargaining Power Approach”, Journal of World-system Research, 13(1): 83-95.
- CFD Analysis of Fish Movement in Open Channel under Laminar Flow Condition
Abstract Views :323 |
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Authors
Affiliations
1 Department of Mechanical Engineering, Jalpaiguri Govt. Engineering College, Jalpaiguri - 735102, IN
1 Department of Mechanical Engineering, Jalpaiguri Govt. Engineering College, Jalpaiguri - 735102, IN
Source
Journal of the Association of Engineers, India, Vol 89, No 3-4 (2019), Pagination: 54-63Abstract
Understanding the movement techniques of a fish in water has numerous applications far outside of biology. Biological propulsion has evolved over millions of years into a finely refined, efficient system of locomotion which cannot be matched by any technique developed by man. Thus leaving man no other options but studying the techniques engineered by nature itself. The objective of the paper is to study the motion of a fish in an open channel flow by CFD analysis of a fish under laminar flow conditions. The different step of fish positions was created by surface modelling in a CAD platform Solidworks 15.0 to study its movements. The purpose of this simulation was to learn the performance and usability of a method of surface model analysis based CFD. A CFD tool ANSYS Fluent version 16.2 was used to do the finite volume analysis of the fish models. The analysis is done on the fish profile over a square domain by creating mesh ANSYS Fluent itself. The analysis was done to study the pressure and velocity gradients generated at different points of the fish contour which aid the fish movement in an upstream condition. The lift and drag co-efficient are obtained after the analysis. The result shows how the fish produce thrust by moving its body parts in rhythmic manner.Keywords
Fish Movement, CFD Analysis, 2D Model, Laminar Flow Condition.References
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- The 2019 Code on Wages: Truth versus Hype
Abstract Views :120 |
PDF Views:0
Authors
Affiliations
1 Professor of HRM, XLRI Xavier School of Management, Jamshedpur, Jharkhand, 831001, IN
1 Professor of HRM, XLRI Xavier School of Management, Jamshedpur, Jharkhand, 831001, IN
Source
Indian Journal of Industrial Relations: Economics & Social Dev., Vol 57, No 1 (2021), Pagination: 1-12Abstract
This paper critically analyzes the provisions of the Code on Wages of 2019 to identify the differences between the Code and the existing legislations on regulating wages and unveil the truth versus hype with respect to the ‘propaganda’ around the Code and its efficient enforcement by the state machinery. True, the Code has simplified while consolidating the four existing wage legislations, there are numerous shortcomings in the Code that need to be addressed once it gets enforced. The paper highlights several fallacies, from having two different sets of beneficiaries, two meanings of the term wage, different benefits applicable to different sets of beneficiaries, retaining thresholds for eligibility, and criteria for determining wages.References
- Gupta, A. (2019), “Code on Wages 2019: In Simplification, Confusion?” Bloomberg Quint, 06 August (https://www.bloombergquint.com/opinion/code-on-wages-2019-in-simplificationconfusion accessed on 27 August 2020).
- Jayaram, N. (2019), “Labor Code on Wages, 2019”, Economic and Political Weekly Engage, 14 December.
- Krishnan, V. (2019), “Decoding the Wage on Code”, PRS Legislative Research, https://www.prsindia.org/theprsblog/decodingcodewages.
- Lai, YC & Sarkar, S. (2011), “Labor Cost and Foreign Direct Investment – Evidence from India”, Indian Journal of Industrial Relations, 47(1): 396-411.
- Lai, YC & Sarkar, S. (2016), “Effects of Paid Parental Leave Allowance on Labor Market Outcomes in Taiwan”. International Journal of Information and Management Sciences, 27(5): 379-403.
- Lai, YC & Sarkar, S. (2017a), “Gender Equality Legislation and FDI: Evidence from the Labor Market of Taiwan, R.O.C.”, International Journal of Manpower, 38(2): 160-79.
- Lai, YC & Sarkar, S. (2017b), “Do High FDI Indian Firms Pay Low Wages & Have Higher Output?” Indian Journal of Industrial Relations, 52(3): 432-42.
- Lai, YC & Sarkar, S. (2019), “Labor Legislation, Educated Labor & Foreign Direct Investment in Manufacturing in Taiwan”, Indian Journal of Industrial Relations, 55(1): 39-53.
- Sarkar, S. (2008), “Trade Unionism in Indian BPOITeS Industry”, Indian Journal of Industrial Relations, 44 (1): 72-88.
- Sarkar, S. (2009), “Individualism-collectivism as Predictors of BPO Employee Attitudes Toward Union Membership in India”, Asia Pacific Journal of Management, 26(1): 93-118.
- Sarkar, S & Huang, K L. (2012), “Do Cultural Groups Differ in Their Attitudes Toward Unions? Evidence from Indian and Taiwanese Samples”, Asian Business and Management, 11(4): 395-423.
- Sarkar, S. (2019), “Amalgamation of Existing Laws or Labor Reform?” Economic and Political Weekly, 54(28): 33-37.
- Sarkar, S & Chakraborty, R. (2021), “Determinants of the Annual Rate of Change of Union Membership in Divergent National Contexts After the Nations Survive Through Major Economic Crisis”, Employee Relations (Forthcoming).
- Shyam Sundar, K R. (2019), “The Wage Code Bill Is a Mixed Bag”, Business Line, 28 July (https://www.thehindubusinessline.com/opinion/the-wage-code-bill-is-a-mixed-bag/article28738969.ece# accessed on 24 August 2020).