Productivity and Growth in Indian Manufacturing.

Srinivasan, T.G.; Ahluwalia, Isher Judge

doi:10.2307/2234265

Cited by 65 publications

(4 citation statements)

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“…The present study utilises the PIM for construction of capital stock and follows the methodology used in previous studies (Trivedi, 1970(Trivedi, , 1975Ahluwalia, 1992;Balakrishnan et al, 2000;Banga & Goldar, 2007) except that the concept of depreciation rate which has been taken from the study of Erumban & Das (2016). The perpetual inventory method allows for an estimate to be made of the stock of fixed assets that are currently in existence and in the hands of producers.…”

Section: Construction Of Capital Stock Series For Indiamentioning

confidence: 99%

Unfolding Industrial Output: A Study of India’s Formal Manufacturing Sector

Choudhry

2022

Unisia

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Investigation of economic development and growth has been at the forefront of economic research (Denison 1962; Barro 1996). The idea of focusing on the industrial sector to drive economic growth has been a global phenomenon. The process of economic growth has been supplemented with several structural changes that an economy goes through. The mainstream literature predicts that the opening up of the economy increases the exports of commodities based on the economy’s comparative advantage. One of the principal questions that the paper attempts is to examine whether the openness of the Indian economy resulted in the expansion of the share of export-oriented industries and the reduction of import-competing industries' share in manufacturing output. The analysis uses rich granular-level data on the Indian formal manufacturing sector. Furthermore, the analysis of structural changes requires looking not only at the growth rate over a particular period but also at the cumulative increase in growth of the sector according to different activities which may be labour or capital-intensive. The paper using cluster-based analysis decomposes manufacturing growth into labour and capital-intensive activities and brings out important aspects on how the manufacturing output is been produced. The pattern of capital intensity of Indian manufacturing firms shows that firms have systematically witnessed an increase in capital intensity. Factors such as incentives in the form of subsidies, and reduction in tariffs on capital goods made access easier to adopt advanced technology. Also in today’s globalised world, the pressure on domestic firms to remain competitive both in the external and domestic markets created grounds for adopting the latest (more capital-intensive) techniques.

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Section: Construction Of Capital Stock Series For Indiamentioning

confidence: 99%

Unfolding Industrial Output: A Study of India’s Formal Manufacturing Sector

Choudhry

2022

Unisia

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“…Similarly to our paper, Srinivasan (1972) and Barrett (1996) consider the effect of uncertainty on the purchase of inputs. Bardhan and Srinivasan (1971) and Stiglitz (1974) explain the variation in incidence of sharecropping with uncertainty, pointing out that the sharing of risk makes it attractive for regions with high risk.…”

Section: Introductionmentioning

confidence: 98%

Land tenure, climate and risk management

Kalkuhl

Schwerhoff

Waha

2020

Ecological Economics

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“…In the extant literature, the topic is taken up from a rather micro perspective focusing on the nexus between agricultural farm size and land productivity (e.g., Binswanger et al, 1995;Bojnec, Latruffe, 2013;Carter, 1984;Chand et al, 2011;Dorward, 1999;Eastwood et al, 2010;Fan, Chan-Kang, 2005;Lipton, 1993;Noack, Larsen, 2019;Savastano, Scandizzo, 2017;Sen, 1962;Srinivasan, 1972). Nevertheless, we contribute to the extant literature by taking up a different methodological approach and by exploring the existence of causal nexus between countries' total agricultural land resources and their agricultural exports via the panel Granger non-causality test for the 174 selected countries for the period 1991-2019 by drawing on the implications of the factor endowment theory of international trade given the strategic importance of land resources in determining countries' agricultural goods trade.…”

Section: Introductionmentioning

confidence: 99%

Land Resources and Agricultural Exports Nexus

Uçak,

Çelik,

Kurt

2023

Folia Oeconomica Stetinensia

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Research background As part of the process of structural transformation that countries go through in their development journey, the relative significance of agriculture as a sector typically shrinks over time. Nonetheless, the agricultural sector maintains its significance in terms of its trade potential and global employment prospects to this day. The extant literature largely neglects the impact of countries’ land resources on agricultural trade by emphasizing agricultural farm size and land productivity nexus. This justifies the exploration of the causal nexus between countries’ agricultural land resources and their agricultural exports. Purpose The study herein aims at investigating the nexus between countries’ total agricultural land resources and agricultural exports for 174 selected countries over the period 1991–2019. Research methodology Dumitrescu and Hurlin’s (2012) test for Granger non-causality for heterogeneous panels is harnessed. Results Estimation results evidence the presence of bi-directional causality (feedback) between countries’ agricultural land resources and agricultural exports not only in the whole panel (1991–2019) but also in subpanels too (1991–2000, 2001–2010, and 2011–2019). Overall, the results stress the strategic importance of agricultural land as a significant determinant of agricultural exports. Novelty Our study takes a unique approach and investigates if there is a cause-and-effect relationship between a country’s agricultural land resources and its agricultural exports by relying on the implications of the factor endowment theory of trade.

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Productivity and Growth in Indian Manufacturing.

Cited by 65 publications

References 0 publications

Unfolding Industrial Output: A Study of India’s Formal Manufacturing Sector

Unfolding Industrial Output: A Study of India’s Formal Manufacturing Sector

Land tenure, climate and risk management

Land Resources and Agricultural Exports Nexus

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