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Industrial Structure and Performance in Andhra Pradesh vis-à-vis India

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Author Info
Inder Sekhar Yadav
Abstract

This paper examines the industrial structure and performance at all India and AP level for the period 1990-91 to 2004-05, by using the Annual Survey of Industries (ASI) data on some of the major structural and technical parameters. To analyze the structural changes at all India and state level variables, such as number of factories, fixed capital, working capital, total number of workers, net value added, gross fixed capital formation, total input, total output and depreciation, have been used. To examine the industrial performance structural ratios, such as workers per factory, fixed capital per factory, gross output per worker and net value added per worker, and technical coefficients, such as ratio of fixed capital to gross output (capital-output ratio) and net value added to gross output, are employed. According to the analysis, some of the key industrial indicators, such as fixed capital, working capital, total output and net value added both at the state and national level, were observed to be increasing during the period of study. The analysis also confirmed that the number of factories operating under the Factories Act, 1948 have decreased over the period of analysis both at national and state level. The growth in gross fixed capital formation showed a mixed result of rise and fall. The analysis of structural ratios confirmed that the ratio of output per worker both at the national and state level has risen, the ratio of number of workers per factory was found to be constant and the ratio of fixed capital per factory has been mildly increasing since the early 1990s. Finally, the technical coefficient, viz., the capital-output ratio, was found to be declining.

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Publisher Info
Article provided by Icfai Press in its journal The Icfai University Journal of Industrial Economics.

Volume (Year): IV (2007)
Issue (Month): 4 (November)
Pages: 7-32
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Handle: RePEc:icf:icfjie:v:04:y:2007:i:4:p:7-32

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