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

Sarbapriya Ray
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Sarbapriya Ray: Department of Commerce, Shyampur Siddheswari Mahavidyalaya, University of Calcutta, West Bengal, India.

International Journal of Economics and Financial Issues, 2012, vol. 2, issue 1, 54-70

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.

Keywords: Energy; Intensity; Productivity; Liberalization (search for similar items in EconPapers)
JEL-codes: L65 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2012-01-7

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