IDEAS home Printed from https://ideas.repec.org/a/pkp/josere/v8y2021i2p135-154id1374.html
   My bibliography  Save this article

Assessing the Performance and Factors Affecting Industrial Development in Indian States: An Empirical Analysis

Author

Listed:
  • Ajay K Singh
  • Sanjeev Kumar

Abstract

This study measures the industrial performance of Indian states using secondary data. It uses value of gross output, gross value added, invested capital, number of factories, gross capital formation, total inputs, total persons engaged, and total emoluments of industries. Next, it examines the factors affecting the gross value added of industries, using state-wise panel data for the period 2003–2018. Linear, log-linear and non-linear regression models are considered to estimate the regression coefficients of total persons engaged, gross capital formation, total inputs, labor productivity, per person emoluments, capital intensity, and credit to industry by scheduled commercial banks, annual population growth, and literacy rate with the gross value added of industries. Among the Indian states, Gujarat, Maharashtra, Tamil Nadu and Karnataka make the greatest contributions to industrial development. Labor productivity, annual population growth, literacy rate, total person engaged, credit to industries by scheduled commercial banks, per person emoluments, and gross capital formation positively influence gross value added. Literacy rate, per person emoluments, capital intensity and total inputs display a hill-shaped association with gross value added. Labor productivity, annual population growth, credit to industries by scheduled commercial banks, total persons engaged, and gross capital formation display a linear association with the gross value added of industries in India.

Suggested Citation

  • Ajay K Singh & Sanjeev Kumar, 2021. "Assessing the Performance and Factors Affecting Industrial Development in Indian States: An Empirical Analysis," Journal of Social Economics Research, Conscientia Beam, vol. 8(2), pages 135-154.
    • Handle: RePEc:pkp:josere:v:8:y:2021:i:2:p:135-154:id:1374
    as

    Download full text from publisher

    File URL: https://archive.conscientiabeam.com/index.php/35/article/view/1374/1915
    Download Restriction: no
    File URL: https://archive.conscientiabeam.com/index.php/35/article/view/1374/5470
    Download Restriction: no
    ---><---

    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:pkp:josere:v:8:y:2021:i:2:p:135-154:id:1374. 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: Dim Michael (email available below). General contact details of provider: https://archive.conscientiabeam.com/index.php/35/ .

    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.