IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Economic Reforms, Technical Change and Efficiency Change: Firm level Evidence from Capital Goods Industries in India

Listed author(s):
  • M. Parameswaran

    (Centre for Development Studies, Prasanth Nagar Road, Ulloor, Trivandrum-695 011 Kerala, India.)

Registered author(s):

    This paper examines two important components of the total factor productivity growth, namely technical change and technical efficiency change of firms belonging to the capital goods producing industries. Empirical analysis of these two components is motivated by the policy changes that capital goods producing industries were subjected to during the 1990s as well as by the existing evidences on the total factor productivity growth in Indian manufacturing industry. Technical change and technical efficiency change are estimated in a single step, using a stochastic frontier production function. The results of the study show that all the industries studied experienced a significant improvement in the rate of technological progress during the post reform period. However, the evidence on the technical efficiency shows that not only the level of technical efficiency is lower during the post reform period, but also the rate of decline in the technical efficiency is higher during this period in all industries except in one. Thus the paper provides further insight into the productivity performance of these industries during the post reform period.

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

    Article provided by Department of Economics, Delhi School of Economics in its journal Indian Economic Review.

    Volume (Year): 39 (2004)
    Issue (Month): 1 (January)
    Pages: 239-260

    in new window

    Handle: RePEc:dse:indecr:v:39:y:2004:i:1:p:239-260
    Contact details of provider: Postal:
    University of Delhi, Delhi 110 007

    Phone: 91-11-2766-6533/34/35, 2766-6703/04/05
    Fax: +91-11-7667159
    Web page:

    More information through EDIRC

    Order Information: Web: Email:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:dse:indecr:v:39:y:2004:i:1:p:239-260. 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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.