IDEAS home Printed from https://ideas.repec.org/a/dse/indecr/v28y1993i2p157-173.html
   My bibliography  Save this article

Capital Intensity, Productivity and Returns to Scale In Modern Small Industries in India

Author

Listed:
  • K. V. Ramaswamy

    (Indira Gandhi Institute of Development Research)

Abstract

The paper examines three hypotheses regarding small-scale manufacturing units, namely, 1) Small firms use more labour per unit of capital 2)They produce more output per unit of capitaland 3)Do small firms use resources more efficiently than large firms in terms of Total Factor Productivity(TFP)? The establishment level data from the Reserve Bank of India Survey of small-scale industrial units (1977) has been used. Analysis is confined to four industry groups-namely Motor vehicles parts, Agricultural machinery and parts, Machine tools and parts and Plastic products. The analysis indicates that capital intensity and partial productivities are sensitive to alternative measures of firm size. Firm size and TFP are not found to be systematically related.

Suggested Citation

  • K. V. Ramaswamy, 1993. "Capital Intensity, Productivity and Returns to Scale In Modern Small Industries in India," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 28(2), pages 157-173, July.
    • Handle: RePEc:dse:indecr:v:28:y:1993:i:2:p:157-173
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below 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.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fikkert, Brian & Hasan, Rana, 1998. "Returns to scale in a highly regulated economy: evidence from Indian firms," Journal of Development Economics, Elsevier, vol. 56(1), pages 51-79, June.
    2. Ritwik Mazumder & Maniklal Adhikary, 2010. "Measuring Technical Efficiency in the Indian Automobile Industry," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 11(1), pages 53-67, March.
    3. Sanu, Md Sahnewaz, 2018. "The Contribution of MSMEs in India’s Total Exports and GDP Growth: Evidence from Cointegration and Causality Tests," MPRA Paper 107892, University Library of Munich, Germany, revised Jan 2019.

    More about this item

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dse:indecr:v:28:y:1993:i:2:p:157-173. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Pami Dua (email available below). General contact details of provider: https://edirc.repec.org/data/deudein.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.