Labour and Capital Use in Indian Manufacturing

Labour and Capital Use in Indian Manufacturing PDF

Author: Anjali Tandon

Publisher:

Published: 2024

Total Pages: 0

ISBN-13: 9781032527918

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"This book strengthens our understanding of the Indian manufacturing. It argues that structural transformation should be guided by the given factor endowments. The book undertakes a detailed empirical scrutiny to provide inputs for guiding the future industrial policy in India. The book recognises the differential structure of the organised and unorganised manufacturing with their distinguished response to the use of labour and capital. The analytical framework comprises of an economy-wide approach and structural relationships at the industry-level. The underlying sectoral interdependence highlights the job-creation potential of domestic manufacturing which spreads into the non-manufacturing sectors through the essential accounting of the embodied effects. The impact of import utilisations underscores the leakages in the domestic economy in terms of the employment forgone and capital use, thereby highlighting the need to strengthen domestic production. The book clearly identifies the labour- and capital-intensive categories of manufacturing for empirical investigations. A comprehensive read on labour and capital use in Indian manufacturing, this book in the series Critical Political Economy of South Asia will appeal to the scholars and researchers of economics, applied industrial economics, Indian economy, and business studies. It will also be of interest to professionals and practioners in policy circles and research think tanks"--

Labour and Capital Use in Indian Manufacturing

Labour and Capital Use in Indian Manufacturing PDF

Author: Anjali Tandon

Publisher: Taylor & Francis

Published: 2023-11-17

Total Pages: 197

ISBN-13: 1000999300

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This book strengthens our understanding of Indian manufacturing. It argues that structural transformation should be guided by the given factor endowments. The book undertakes detailed empirical scrutiny to provide inputs for guiding the future industrial policy in India. The book recognises the differential structure of organised and unorganised manufacturing with their distinguished response to the use of labour and capital. The analytical framework consists of an economy-wide approach and structural relationships at the industry level. The underlying sectoral interdependence highlights the job creation potential of domestic manufacturing, which spreads into the non-manufacturing sectors through the essential accounting of the embodied effects. The impact of import utilisations underscores the leakages in the domestic economy in terms of the employment forgone and capital use, thereby highlighting the need to strengthen domestic production. The book clearly identifies the labour- and capital-intensive categories of manufacturing for empirical investigations. A comprehensive read on labour and capital use in Indian manufacturing, this book in the series Sustainable Industrial Development will appeal to scholars and researchers of economics, applied industrial economics, Indian economy, and business studies. It will also be of interest to professionals and practitioners in policy circles and research think tanks.

Productivity And Wages In Indian Industries

Productivity And Wages In Indian Industries PDF

Author: Laxmi Narayan

Publisher: Discovery Publishing House

Published: 2003

Total Pages: 384

ISBN-13: 9788171417032

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Productivity and wages plays an important role in the economic development and ultimately determines the standard of living in the country. In a developing economy like India the wage policy is facing a real conflict between the need of the workers for larger consumption and the demand of the economy for higher rate of capital formation. The increasing productivity and its linking with wages is the best option available. The book examines the relationship between productivity and wages in selected industries of organised manufacturing. In this endeavour, the book examines (a) The trends in productivity; (b) The trends in distribution of productivity gains; (c) The trends in factor compensation (wages and rate of return). Contents: Introduction and Problem Setting, Data and Methodology, Wage Productivity Relationship Theoretical and Empirical Evidence, Productivity Trends in Selected Industries, Trends in Distribution of Productivity Gains, Trends in Wages and Earnings, Wage-Productivity R

Liberalisation and Labour

Liberalisation and Labour PDF

Author:

Publisher:

Published: 2004

Total Pages: 168

ISBN-13:

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Examines the trends in the Indian labour market in recent years; changes in employment; the extent of employment and wage flexibilities, and the impact of trade unions on wages and industrial relations. Based on a labour flexibility survey of more than 1300 firms accross ten states and nine important manufacturing industries, undertaken in 1999.

Human Capital and Development

Human Capital and Development PDF

Author: Natteri Siddharthan

Publisher: Springer Science & Business Media

Published: 2012-12-04

Total Pages: 161

ISBN-13: 8132208579

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The papers included in this volume cover several aspects of human capital. It starts with the role of human capital in influencing productivity, employment and growth of employment. The chapters show that Indian States that have been neglecting schooling and health facilities have become victims in terms of low productivity and lower rates of employment. Consequently, employment cannot be increased without spending on education and health. Furthermore, the unorganised sector in India cannot provide gainful employment as productivity in this sector is low and is also declining. Skill intensity influences mainly productivity in the organised sector. As a result, states that have been neglecting human capital would lose on both counts. The chapters also reveal that human capital could be substituted for energy use and help in reducing energy consumption and pollution. India is also one of the important exporters of human capital and the non resident Indians send remittances back to India. The volume indicates that remittances play a significant role in poverty reduction and increase in per capita consumption levels. In addition remittances, unlike foreign direct investments and portfolio investments, are less erratic and are not influenced by slowdown in the world economy. Poverty could also be directly attacked through the use of anti poverty programmes like NREGA. This volume provides an analytical framework and a theoretical model to analyse the impact of these programmes to examine their influence on labour demand, income, prices and productivity. The volume also emphasises the crucial role of the government in directly running education institutions. As seen from the volume government run engineering institutions are technically more efficient than the private run ones.

Productivity Trends in India's Manufacturing Sectors in the Last Two Decades

Productivity Trends in India's Manufacturing Sectors in the Last Two Decades PDF

Author: Mr.Bulent Unel

Publisher: International Monetary Fund

Published: 2003-01-01

Total Pages: 27

ISBN-13: 1451843992

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Starting in the late 1970s, the Indian authorities implemented a series of reforms aimed at exposing the economy to greater competition and at liberalizing key aspects of economic activity. This paper investigates productivity trends in India's (registered) manufacturing sectors during the 1980s and 1990s. The main findings of the paper are (i) labor and total factor productivity (TFP) growth in total manufacturing and many of the component sectors since 1980 were markedly higher than that in the preceding two decades, although the extent of the acceleration in TFP growth depends critically on the underlying assumptions about factor elasticities and the assumed structure of the production function; (ii) productivity growth for total manufacturing as well as for many subsectors picked up further after the 1991 reforms; and (iii) classification of the best performing sectors and the weakest performing sectors, based on comparative TFP, remains robust to changes in underlying assumptions.

The Origins of Industrial Capitalism in India

The Origins of Industrial Capitalism in India PDF

Author: Rajnarayan Chandavarkar

Publisher: Cambridge University Press

Published: 1994

Total Pages: 496

ISBN-13: 9780521525954

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The first major study of the relationship between labour and capital in India's economic development in the early twentieth-century. The author considers the spread of capitalism and the growth of the cotton textile industry.

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