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Lags in Employment Adjustment and Inter-Industry Differentials: an Analysis Using Dynamic Inter-Related Factor Demand Functions

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  • Roy, S.D.
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    Abstract

    Based on an analysis of dynamic inter-related factor demand functions estimated for different industry groups over the period 1960-61 to 1993-94, the present study provides evidence of existence of significant adjustment lags in employment which can complement other documented factors in providing an explanation for the observed relative movement in output and employment groeth. In terms of the econometric approach, the present study attempts to fill some of the gaps in earlier empirical work by highlighting the importance of inter-relatedness in factor demand and the heterogeneity across labour types as well as across industries.

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    Bibliographic Info

    Paper provided by Indira Gandhi Institute of Development Research- in its series Papers with number 149.

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    Length: 64 pages
    Date of creation: 1998
    Date of revision:
    Handle: RePEc:fth:indgan:149

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    Postal: INDIRA GANDHI; INDIRA GANDHI INSTITUTE OF DEVELOPMENT RESEARCH, GEN.VAIDYA MARG.GOREGAON (E) BOMBAY-400 065 INDIA.
    Phone: (022) 840 0919/20/21
    Fax: (022) 840 2752/2026
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    Web page: http://www.igidr.ac.in/
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    Related research

    Keywords: ECONOMIC GROWTH ; EMPLOYMENT ; INDIA ; ECONOMETRICS;

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    Cited by:
    1. Badri Narayanan G, 2005. "Effects of trade liberalisation, environmental and labour regulations on employment in India's organised textile sector," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2005-005, Indira Gandhi Institute of Development Research, Mumbai, India.

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