Keywords:wages; efficiency; labour; steel plant; industrial organization (search for similar items in EconPapers) JEL-codes:L (search for similar items in EconPapers) Date: 2005-08-29 Note: Type of Document - pdf; pages: 4 . Published in the Economic Times dated wednesday, December 4th, 1985. This is the first part of the gist of the Ph. D thesis on which the author received the doctorate.