IDEAS home Printed from https://ideas.repec.org/a/ids/ijpqma/v6y2010i3p332-353.html
   My bibliography  Save this article

Trade liberalisation and industrial performance: an insight into the performance of cement industry in India

Author

Listed:
  • Sarbapriya Ray
  • Mihir Kumar Pal

Abstract

The economic reforms initiated by India Government in 1991 targeted the industrial sector, which have added new dimensions to industrial growth in general and Indian cement industry in particular. Amidst the shift in paradigm from 'state-intervention-cum-import substitution' to that of 'liberalisation-cum-export led-growth', a continuous debate is going on among economic analysts of whether liberalisation has significantly contributed to the improvement in industrial growth and performance or not. This paper seeks to measure econometrically the performance of Indian cement industry in the light of some financial indices, capacity utilisation and total factor productivity growth at aggregate as well as disaggregated level. This paper points out that adjusted total factor productivity growth has been improved showing favourable impact of liberalisation, but capacity utilisation and financial indicators reflect dismal declining trend after the path-breaking economic reforms in 1991. There is an urgent need for developing a comprehensive plan for cement industry so that it can survive in the post-liberalised Indian environment and make its presence global.

Suggested Citation

  • Sarbapriya Ray & Mihir Kumar Pal, 2010. "Trade liberalisation and industrial performance: an insight into the performance of cement industry in India," International Journal of Productivity and Quality Management, Inderscience Enterprises Ltd, vol. 6(3), pages 332-353.
    • Handle: RePEc:ids:ijpqma:v:6:y:2010:i:3:p:332-353
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=35120
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:ids:ijpqma:v:6:y:2010:i:3:p:332-353. 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=177 .

    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.