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Investment Climate and Total Factor Productivity in Manufacturing: Analysis of Indian States

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  • C Veermani

Abstract

Liberalisation initiatives have been taken by India with a view to improve the efficiency of manufacturing industries and achieving faster GDP growth. The present paper investigates the influence of Investment Climate (IC) on the levels of total factor productivity (TFP) in the organised manufacturing sector across the major Indian states. Data from Annual Survey of Induatries (ASI) is used and multilateral TFP indices for the total registered manufacturing sector in all the major states for the period 1980-2000 calculated [WP 127].

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  • C Veermani, 2007. "Investment Climate and Total Factor Productivity in Manufacturing: Analysis of Indian States," Working Papers id:990, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:990
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    1. Robert E. Hall & Charles I. Jones, 1999. "Why do Some Countries Produce So Much More Output Per Worker than Others?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(1), pages 83-116.
    2. Suresh Chand Aggarwal, 2004. "Labour quality in Indian manufacturing: A State level analysis," Indian Council for Research on International Economic Relations, New Delhi Working Papers 126, Indian Council for Research on International Economic Relations, New Delhi, India.
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    Cited by:

    1. Bir Singh, 2022. "Contractualisation in India’s manufacturing industry and the economic reforms of the early 1990s: an analysis based on ASI data," International Journal of Economic Policy Studies, Springer, vol. 16(1), pages 135-157, February.

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