Total Factor Productivity Estimation in Manufacturing Sector of Odisha
Keywords:Manufacturing sector, Total Factor Productivity, Kendrick Index, Growth, Performances
Manufacturing sector aimed at an efficient and technologically developed industry with a view to boosting countryâ€™s level of competitiveness through a rise in productivity. Thus, productivity explains the relationship between production and means of production. Growth of efficiency in manufacturing sector has been assessed on the basis of Total Factor Productivity (TFP) index. In this paper, an attempt has been made to estimate the TFP of manufacturing sector of Odisha over the decades. The findings of the study revealed that the productivity index is more than 100 for most of the years indicating the growth in the manufacturing sector. The TFP index reached the highest level i.e. about 200 in the year 2004-05.
 Duraisamy, Malathy. "Growth and productivity in the unorganized manufacturing sector in India, 1984â€“1990." In a Conference at New Delhi. 2000..
 Economic Survey, Odisha, (2011-12), Government of Odisha.
 Fabricant Solomon, â€œMeaning and Measurement of Productivityâ€, McGraw-Hill Book Company, New York, U.S.A.,(1964)
 Kendrick, John W. "Productivity and Economic Growth." In Productivity Trends in the United States, pp. 78-110. Princeton University Press, 1961.
 Kuznets, Simon. "Economic growth and income inequality." The American economic review 45, no. 1 (1955): Pp. 1-28.
 Ministry of Micro, Small & Medium Enterprises, , Micro, Small and Medium Enterprises in India: An Overviewâ€, (2007) retrieved from http://www.laghuudyog.com/ssiindia/MSME_OVERVIEW.pdf on Nov. 13 2008
View Full Article:
How to Cite
LicenseAuthors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under aÂ Creative Commons Attribution Licensethat allows others to share the work with an acknowledgement of the work''s authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal''s published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (SeeÂ The Effect of Open Access).