Analysis of Productivity in Indian Industries
| dc.category | Journal Article | |
| dc.contributor.author | Manonmani, M | |
| dc.date.accessioned | 2017-04-04T23:04:37Z | |
| dc.date.available | 2017-04-04T23:04:37Z | |
| dc.date.issued | 2012 | |
| dc.department | Economics | en_US |
| dc.description.abstract | An attempt has been made to analyse determinants o f productivity based on the indices o f partial and total factor productivity in rural, urban and aggregate industries o f India fo r the reference period between 1998-99 and 2007-08. Multiple linear regression model was applied to analyse the data. To find out the average annual growth rate in partial as well as total factor productivity , exponential growth function was applied. It was found that the trend rates o f partial and total factor productivity indices were positive.The analysis also revealed an inverse relationship between labour productivity and unit- labour cost in these industries. Significant relationship existed between all forms ofproductivity indices and the major factors which infiuence productivity. It was concluded that the productivity o f capital and total factor productivity may be taken into account along with labour productivity while granting wage increase so that wage increase is not o f infiationary nature. In order to boost the total factor productivity growth there is a pressing need to harmonise the industrial relations with workers and management In this context, amendments in labour laws,greater participation o f workers in management and rehabilitation o f workers especially in case o f disinvestment o f public sector units are some spheres which require quick attention o f policy makers to create conducive environment. | en_US |
| dc.identifier.uri | https://ir.avinuty.ac.in/handle/avu/2697 | |
| dc.lang | English | en_US |
| dc.publisher.name | Asian Journal of Economic Review | en_US |
| dc.publisher.type | International | en_US |
| dc.title | Analysis of Productivity in Indian Industries | en_US |
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