Unorganised Manufacturing Industry in the Era of Globalization: A Study of Punjab

Lakhwinder Singh and Varinder Jain ()

MPRA Paper from University Library of Munich, Germany

Abstract: The recent developments in the theory of industrial organisation have underlined the importance of small scale industry. Small industry can be equally competitive in the fast changing global economy provided it exploits economies of scale and scope while locating itself in clusters along with making technological progress endogenous. This study situates Punjab’s small scale industry in the context of recent developments both in theory and practice This study by utilising the NSSO data for the period 1994-95 to 2000-01 points out that Punjab’s unorganised industry has emerged distinctly among its counterparts in other major Indian states by recording sufficiently high growth in employment, relatively high usage of capital and labour productivity etc. It along with exploring the structure of Punjab’s unorganised industry has also identified major problems faced by it. Policy issues have been raised to draw the attention of the policy makers towards small industry so that it can become competitive in the fast globalising industrial economy.

Keywords: Small Scale industry; Economies of Scale and scope; Industrial Clusters; Labour Productivity; Employment Growth; Public Policy; Indian Punjab (search for similar items in EconPapers)
JEL-codes: L6 O4 O40 (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-cwa and nep-dev
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/197/1/MPRA_paper_197.pdf original version (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:pra:mprapa:197

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().