EconPapers    
Economics at your fingertips  
 

Global Crisis, Environmental Volatility and Expansion of the Indian Leather Industry

Anup Kumar Bhandari

Journal of Quantitative Economics, 2012, vol. 10, issue 1, 156-176

Abstract: Abstract: Indian leather industry has massive potential for generating employment and achieving high export-led growth. However, the on-going global economic peculiarities pose both threat (of market loss) and opportunity (to gain some unanticipated demand in the market) before it. On the other hand, its economic performance has not been assessed much till date. The present paper makes some policy prescriptions regarding the expansion of the industry by examining technical efficiency (TE) as well as scale efficiency of individual leather producing firms for some selected years since the early-1980s. Analysing the data through the Data Envelopment Analysis the paper observes a significant positive association between a firm’s size and its TE. On the other hand, our analysis does not show any conclusive evidence for the majority of the firms whether they are either too small or too large relative to the most productive scale size (MPSS) of the respective years. Considering the possible demand side effects on the industry to be exogenous, analysing the relevant supply side factors the paper suggests the policy makers to go forward in expanding the industry, particularly keeping India’s severe unemployment problem, of both skilled as well as unskilled labour forces, in mind.

Date: 2012
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.jqe.co.in/journals/jqe_v_10_n1_10.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jqe:jqenew:v:10:y:2012:i:1:p:156-176

Ordering information: This journal article can be ordered from
Managing Editor, Journal of Quantitative Economics, Indira Gandhi Institute of Development Research (IGIDR), Gen. A.K. Vaidya Marg, Goregaon (E), Mumbai 400 065 , INDIA
http://www.jqe.co.in/

Access Statistics for this article

Journal of Quantitative Economics is currently edited by A. L. Nagar (Editor-in-Chief), D. M. Nachane (Managing-Editor) and G. Mythili (Joint Managing Editor)

More articles in Journal of Quantitative Economics from The Indian Econometric Society Contact information at EDIRC.
Bibliographic data for series maintained by D. M. Nachane () and ().

 
Page updated 2021-03-28
Handle: RePEc:jqe:jqenew:v:10:y:2012:i:1:p:156-176