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Globalization and Structural Changes in the Indian Industrial Sector: An Analysis of Production Functions

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Author Info
S.K. Mishra ()

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Abstract

The paper reports a study to investigate the structural changes in the manufacturing sector of India (possibly) brought about by liberalization and globalization of the economy. It assesses the structural changes in terms of employment of labour and capital, possibly indicated by replacement of the former by the latter. The study also examines the impact of the new industrial policies on regional distribution of indicators of industrialization, such as, the labour-capital ratio, returns to scale and productivity.

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Paper provided by esocialsciences.com in its series Working Papers with number id:788.

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Date of creation: 2007
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Handle: RePEc:ess:wpaper:id:788

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Related research
Keywords: labour-capital ratio; productivity; structural changes in manufacturing; liberalisation; globalisation; employment; capital; Economics; Industry;

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  1. Diewert, W E, 1971. "An Application of the Shephard Duality Theorem: A Generalized Leontief Production Function," Journal of Political Economy, University of Chicago Press, vol. 79(3), pages 481-507, May-June. [Downloadable!] (restricted)
  2. SK Mishra, 2007. "Estimation of Zellner-Revankar Production Function Revisited," Economics Bulletin, Economics Bulletin, vol. 3(14), pages 1-7. [Downloadable!]
    Other versions:
  3. Mishra, SK, 2006. "Global Optimization by Differential Evolution and Particle Swarm Methods: Evaluation on Some Benchmark Functions," MPRA Paper 1005, University Library of Munich, Germany. [Downloadable!]
  4. Amitava K. Dutt & J. Mohan Rao, 2000. "Globalization and its Social Discontents: The Case of India," SCEPA Working Papers 2000-06, Schwartz Center for Economic Policy Analysis (SCEPA), The New School. [Downloadable!]
  5. Nigel L. Driffield & Uma S. Kambhampati, 2003. "Trade Liberalization and the Efficiency of Firms in Indian Manufacturing," Review of Development Economics, Blackwell Publishing, vol. 7(3), pages 419-430, 08. [Downloadable!] (restricted)
  6. Kaliappa Kalirajan & Shashanka Bhide, 2004. "The Post-reform Performance of the Manufacturing Sector in India," Asian Economic Papers, MIT Press, vol. 3(2), pages 126-157. [Downloadable!] (restricted)
  7. Shaikh, Anwar, 1974. "Laws of Production and Laws of Algebra: The Humbug Production Function," The Review of Economics and Statistics, MIT Press, vol. 56(1), pages 115-20, February. [Downloadable!] (restricted)
  8. Sankar, Ulaganathan, 1970. "Elasticities of Substitution and Returns to Scale in Indian Manufacturing Industries," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 11(3), pages 399-411, October. [Downloadable!] (restricted)
  9. Williams, Martin & Laumas, Prem S, 1984. "Economies of Scale for Various Types of Manufacturing Production Technologies in an Underdeveloped Economy," Economic Development and Cultural Change, University of Chicago Press, vol. 32(2), pages 401-12, January.
  10. Dasgupta, Madhuchhanda & Mishra, SK, 2004. "Least absolute deviation estimation of linear econometric models: A literature review," MPRA Paper 1781, University Library of Munich, Germany. [Downloadable!]
  11. Mishra, SK, 2006. "A Note on Numerical Estimation of Sato’s Two-Level CES Production Function," MPRA Paper 1019, University Library of Munich, Germany, revised 02 Dec 2006. [Downloadable!]
  12. Satish Chand & Kunal Sen, 1996. "Trade Liberalization and Productivity Growth: Evidence from Indian Manufacturing," Departmental Working Papers 1996-11, Australian National University, Economics RSPAS. [Downloadable!]
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This page was last updated on 2009-12-18.

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