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Employment Growth by Accelerated Manufacturing in India- A Comparative Study and Lessons to Be Learnt from China

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  • Acharya, Hem

Abstract

It is the popular belief that employment growth should have been at an equal pace with the growth of Manufacturing industry in India post major economic reforms in 1991, but number of studies show that it hasn’t been so. Though it’s seen that employment has indeed increased post 1991 reforms it hasn’t accelerated at the rate of manufacturing industry growth. adoption of automation methods and other technological advancements adopted by manufacturing companies have been a major reason for this phenomenon, and also the huge cost pressure on the firm due to stiff competition in the market which they operate In this paper we will investigate the employment growth in India during various periods of major economic changes and compare them in parallel with neighboring country China which has marked significant progress by adopting manufacturing as the major industry.

Suggested Citation

  • Acharya, Hem, 2013. "Employment Growth by Accelerated Manufacturing in India- A Comparative Study and Lessons to Be Learnt from China," MPRA Paper 46697, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:46697
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    References listed on IDEAS

    as
    1. Pandey, Manish & Dong, Xiao-yuan, 2009. "Manufacturing productivity in China and India: The role of institutional changes," China Economic Review, Elsevier, vol. 20(4), pages 754-766, December.
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    More about this item

    Keywords

    Employment; labor; manufacturing growth; china; India; Employment gowth;
    All these keywords.

    JEL classification:

    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • L6 - Industrial Organization - - Industry Studies: Manufacturing
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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