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Lags in Employment Adjustment and Inter-Industry Differentials: an Analysis Using Dynamic Inter-Related Factor Demand Functions

Author

Listed:
  • Roy, S.D.

Abstract

Based on an analysis of dynamic inter-related factor demand functions estimated for different industry groups over the period 1960-61 to 1993-94, the present study provides evidence of existence of significant adjustment lags in employment which can complement other documented factors in providing an explanation for the observed relative movement in output and employment groeth. In terms of the econometric approach, the present study attempts to fill some of the gaps in earlier empirical work by highlighting the importance of inter-relatedness in factor demand and the heterogeneity across labour types as well as across industries.

Suggested Citation

  • Roy, S.D., 1998. "Lags in Employment Adjustment and Inter-Industry Differentials: an Analysis Using Dynamic Inter-Related Factor Demand Functions," Papers 149, Indira Gandhi Institute of Development Research-.
    • Handle: RePEc:fth:indgan:149
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    Citations

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    Cited by:

    1. Bhalotra, Sonia., 2003. "The impact of economic liberalization on employment and wages in India," ILO Working Papers 993650543402676, International Labour Organization.
    2. Badri Narayanan G., 2005. "Effects of Trade liberalisation, Environmental and Labour Regulations on Employment in India's Organised Textile Sector," Labor Economics Working Papers 22363, East Asian Bureau of Economic Research.
    3. Chetan Agrawal, 2013. "The Effects of Liberalization on the Indian Economy," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 38(4), pages 373-398, November.
    4. repec:ilo:ilowps:365054 is not listed on IDEAS
    5. Arvind Virmani & Danish A. Hashim, 2010. "Factor Employment, Sources and Sustainability of Output Growth: Analysis of Indian Manufacturing," Working Papers id:2415, eSocialSciences.

    More about this item

    Keywords

    ECONOMIC GROWTH ; EMPLOYMENT ; INDIA ; ECONOMETRICS;
    All these keywords.

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General

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