Productivity Growth in Some Energy Intensive Manufacturing Industries in India : An analytical Assessment
Abstract
This paper estimates productivity performance of India’s energy intensive industries in terms of total factor productivity growth for the entire period, 1979-80 to 2003-04. The productivity performance has been judged in view of translog indices under three input framework-material, labour and capital and a model has been evolved for assessing energy intensity in those industries. The result on the overall productivity shows declining total factor productivity growth during post-reform period as compared to pre-reform period. Total output growth in India’s energy intensive an industry is found to be mainly input-driven rather than productivity-driven. The liberalization process is found to have its adverse impact on total factor productivity growth.
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Details
| Other ID | JA34PU26PJ |
|---|---|
| Journal Section | Research Article |
| Authors | |
| Publication Date | March 1, 2012 |
| Published in Issue | Year 2012 Volume: 2 Issue: 1 |