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Productivity Growth in Some Energy Intensive Manufacturing Industries in India: An Analytical Assessment

Author

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  • Sarbapriya Ray

    (Department of Commerce, Shyampur Siddheswari Mahavidyalaya, University of Calcutta, West Bengal, India.)

Abstract

This paper estimates productivity performance of India’s energy intensive industries in terms of total factor productivity growth for the entire period, 1979-80 to 2003-04. The productivity performance has been judged in view of translog indices under three input framework-material, labour and capital and a model has been evolved for assessing energy intensity in those industries. The result on the overall productivity shows declining total factor productivity growth during post-reform period as compared to pre-reform period. Total output growth in India’s energy intensive an industry is found to be mainly input-driven rather than productivity-driven. The liberalization process is found to have its adverse impact on total factor productivity growth.

Suggested Citation

  • Sarbapriya Ray, 2012. "Productivity Growth in Some Energy Intensive Manufacturing Industries in India: An Analytical Assessment," International Journal of Economics and Financial Issues, Econjournals, vol. 2(1), pages 54-70.
  • Handle: RePEc:eco:journ1:2012-01-7
    as

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    References listed on IDEAS

    as
    1. Krishna, Pravin & Mitra, Devashish, 1998. "Trade liberalization, market discipline and productivity growth: new evidence from India," Journal of Development Economics, Elsevier, vol. 56(2), pages 447-462, August.
    2. Petia Topalova & Amit Khandelwal, 2011. "Trade Liberalization and Firm Productivity: The Case of India," The Review of Economics and Statistics, MIT Press, vol. 93(3), pages 995-1009, August.
    3. Berndt, Ernst R & Wood, David O, 1975. "Technology, Prices, and the Derived Demand for Energy," The Review of Economics and Statistics, MIT Press, vol. 57(3), pages 259-268, August.
    4. Jorgenson, Dale W, 1988. "Productivity and Postwar U.S. Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 2(4), pages 23-41, Fall.
    5. Harrison, Ann E., 1994. "Productivity, imperfect competition and trade reform : Theory and evidence," Journal of International Economics, Elsevier, vol. 36(1-2), pages 53-73, February.
    6. Fare, Rolf & Shawna Grosskopf & Mary Norris & Zhongyang Zhang, 1994. "Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries," American Economic Review, American Economic Association, vol. 84(1), pages 66-83, March.
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    More about this item

    Keywords

    Energy; Intensity; Productivity; Liberalization;

    JEL classification:

    • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics

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