Journal of Strategic Human Resource Management

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

Employment and Productivity Relationships in the Manufacturing Industries of India Vis-à-vis Select Developed Nations


Affiliations
1 Associate Professor, Thiagarajar School of Management, Pamban Swamy Nagar, Thiruparankundram, Madurai, India
     

   Subscribe/Renew Journal


After World War II, the global economy has experienced unprecedented dimensions of industrial growth leading to a highly developed and diversified manufacturing industrial activity across these nations. These developments in the manufacturing sector over the last few decades have been quite phenomenal and have resulted in economic growth impelled by import substitution, export promotion, and acquisition of modern technological capabilities. However, all these developments have been over shadowed by a general failure of the industrial sector in generating adequate employment to absorb the increasing number of work force. In the developed nations, the proportion of labour engaged in the industrial sector has increased considerably, but periodically has been haunted by the problem of unemployment. In the developing nations also, the share of manufacturing employment in the aggregate employment has increased steadily. But, the growth rates over the years have not been sufficient enough to achieve a breakthrough in the structural patterns of employment. In this study, an attempt is made to comprehensively analyze the determinants of demand for labour in the manufacturing industries at three digit level disaggregation for India in comparison to selected developed nations during 1985-1986 to 2009-2010.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Dholakia, B.H., & Dholakia, R.H. (1975). Empirical test of the marginal productivity theory of wages. The case of Indian industries. The Indian Economic Journal, 23(5).

  • Domar, E. D. (1946). Capital expansion, rate of growth and employment. Econometrica, 14, Reprinted in Stiglitz J.E. and U. Hirofumi(1969), Readings in the Modern Theory of Economic Growth, MIT Press, Cambridge, Mass.

  • Fie, J.C.H., & Gustav, R. (1964). Development of Labour Surplus Economy: Theory and Policy. Richard D. Irwin Inc., Homewood, Illinois.

  • Goldar, B. (1986). Labour demand in Indian industries. The School of Economics, 1(3).

  • Griliches, Z. (1959). The demand for input in agriculture and a derived supply elasticity. Journal of Political Economy, 76.

  • Harrod, P. F. (1939). An essay on dynamic theory. Economic Journal, 39, reprinted in Stiglitz, J. E. and U. Hirofumi (1969), Readings in the Modern Theory of Economic Growth, MIT press, Cambridge, Mass.

  • Lewis, A. W. (1954). Economic development with unlimited supplies of labour. Reprinted in Agarwala, A. N., & Singh, S.P. (eds) (1958). The Economics of Underdevelopment, Oxford University Press, New York.

  • Nurkse, R. (1953). Problems of Capital Formation in Under Developed Countries, Oxford University Press, New York.

  • Sennholz, H. F. (1985). The demand for labor. The Freeman: Ideas on Liberty.

  • Seth, V.K., & Seth, A.K. (1991). Demand for labour in Indian manufacturing industry (1960-84). Journal of Indian School of Political Economy.

  • Sethuraman, S.V. (1974). Employment and labour productivity in India since 1950. Economic Development and Cultural Change, 22(4).

  • Singer, H. (1984). Industrialization: Where do We Stand, Where are We Going, The institute of development Studies, Brighton, Sussex, Mimeo.

  • Sinha, J.N., & Verma, P.L. (1971), Productivity policies and economic development in India. Productivity, 12(2).

  • Solow, R. M. (1965). A contribution to the theory of economic growth. Quarterly Journal of Economics, 70, Reprinted in Stiglitz J. E and U. Harifoum (1969), Readings in the modern theory of Economic Growth, MIT Press Cambridge, Mass.

  • Srinivas, Y. T. (1985). Industrialization and Economic Development - An Appropriate Strategy for the Underdeveloped Countries, Popular Prakashan, Bombay.

  • Swan, T. W. (1965). Economic growth and capital accumulation. Economic Record, 32. Reprinted in Stiglitz J. E and U. Harifoum (1969), Ibid.


Abstract Views: 386

PDF Views: 0




  • Employment and Productivity Relationships in the Manufacturing Industries of India Vis-à-vis Select Developed Nations

Abstract Views: 386  |  PDF Views: 0

Authors

Vidya Rajaram Iyer
Associate Professor, Thiagarajar School of Management, Pamban Swamy Nagar, Thiruparankundram, Madurai, India

Abstract


After World War II, the global economy has experienced unprecedented dimensions of industrial growth leading to a highly developed and diversified manufacturing industrial activity across these nations. These developments in the manufacturing sector over the last few decades have been quite phenomenal and have resulted in economic growth impelled by import substitution, export promotion, and acquisition of modern technological capabilities. However, all these developments have been over shadowed by a general failure of the industrial sector in generating adequate employment to absorb the increasing number of work force. In the developed nations, the proportion of labour engaged in the industrial sector has increased considerably, but periodically has been haunted by the problem of unemployment. In the developing nations also, the share of manufacturing employment in the aggregate employment has increased steadily. But, the growth rates over the years have not been sufficient enough to achieve a breakthrough in the structural patterns of employment. In this study, an attempt is made to comprehensively analyze the determinants of demand for labour in the manufacturing industries at three digit level disaggregation for India in comparison to selected developed nations during 1985-1986 to 2009-2010.

References