Determinants of Inter-state Differences in Industrial Labour Productivity: Exploring the Role of Innovative Efforts
Savita Bhat ()
Additional contact information
Savita Bhat: National Institute of Technology Karnataka (NITK)
A chapter in Technology, 2016, pp 17-26 from Springer
Abstract:
Abstract The neoclassical and new-Schumpeterian or evolutionary theories suggest that there is a relationship between technology and economic growth and development. The proponents of innovation systems approach attempt to understand how innovation affects economic development at national and regional level. They emphasize the role of institutions and interactions in promoting innovation led development. In the light of these theories, the objective of this paper is to empirically examine the role of innovative efforts in determining inter-state differences in industrial labour productivity defined as the ratio of industrial output to number of workers. The study specifically explores the role of state-level innovative efforts, represented in terms of the state-level patent applications filed, in determining the differences in industrial labour productivity for the bigger states in India. Other state-level measures on human capital and fixed capital investments are included as control variables in the analysis. The panel data regression uses data for three consecutive years, 2011, 2012 and 2013. Results of the econometric exercise indicate that after controlling for human capital and fixed capital, differences in innovative efforts do explain inter-state differences in industrial labour productivity.
Keywords: Human Capital; Infant Mortality Rate; Fixed Capital; Industrial Output; Innovative Effort (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
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:spr:isbchp:978-981-10-1684-4_2
Ordering information: This item can be ordered from
http://www.springer.com/9789811016844
DOI: 10.1007/978-981-10-1684-4_2
Access Statistics for this chapter
More chapters in India Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().