Total Factor Productivity Growth in the State Road Transport Undertakings of India: An Assessment through MPI Approach
This Paper examines the total factor productivity (TFP) growth and its components of 34 State Road Transport Undertakings (STUs) of India for the period 1989-1990 to 2000-2001 using DEA-based Malmquist Productivity Index (MPI) approach. The study finds that on average, the TFP change is -1.9% per annum over the sample time period. In order to identify the sources of TFP change, technical efficiency change (catch-up effect) and technical change (frontier shift) for each STU (over the 12-year period) are also measured. The results show that there is no significant change in technical efficiency but remarkable change in technology. Thus, the decomposed index of TFP growth shows that much of the observed regress in total productivity is explained by the negative change in technology of the STUs, over the sample period. In order to determine the effect of several background and uncontrollable variables, which cannot be included in the productivity assessment of the STUs, multiple regression analysis using fixed effect model of the panel data is conducted. The results reveal that change in Employee-Bus ratio, change in Depreciation Cost, change in Total Earnings and change in Total Cost, turn out to be the most significant variables in having impact on the change in productivity.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 44 (2009)
Issue (Month): 2 ()
|Contact details of provider:|| Postal: |
Phone: 91-11-2766-6533/34/35, 2766-6703/04/05
Web page: http://www.ierdse.org/
More information through EDIRC
|Order Information:|| Web: http://www.ierdse.org/ Email: |
When requesting a correction, please mention this item's handle: RePEc:dse:indecr:0005. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Pami Dua)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.