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

Authors

  • Sarbapriya Ray Authors' affiliation: Prof. Sarbapriya Ray Assistant Professor, Dept. of commerce, Shyampur Siddheswari Mahavidyalaya, Calcutta University, Howrah, West Bengal , India.

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

JEL Classification: L65 

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Author Biography

Sarbapriya Ray, Authors' affiliation: Prof. Sarbapriya Ray Assistant Professor, Dept. of commerce, Shyampur Siddheswari Mahavidyalaya, Calcutta University, Howrah, West Bengal , India.

Biographical notes about authors:Prof. Sarbapriya Ray: Prof. Ray is an assistant professor in commerce at Shyampur Siddheswari College, Howrah, West Bengal, India under Calcutta University. He received his undergraduate and master degree from Calcutta University. He stood third in the First class in M.com (Taxation and finance). After obtaining M.Phil degree from Calcutta university, he is now further doing his research job in the field of productivity and capacity utilization.Prof. Ray has been teaching Economics, financial management, Accounting etc since 2001 in the college. He has published several articles in reputed national as well as international journal and presented papers in national and international conference.

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Published

2011-12-02

How to Cite

Ray, S. (2011). Productivity Growth in Some Energy Intensive Manufacturing Industries in India : An analytical Assessment. International Journal of Economics and Financial Issues, 2(1), 54–70. Retrieved from https://www.econjournals.com/index.php/ijefi/article/view/71

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