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The extent to which Indian organized manufacturing performance changed after the Economic Reform of 1991 has been an important question among empirical analysts. Using input-output data from the Annual Survey of Industries for the period 1970-71 through 2007-08, this paper compares the pre- and...
Persistent link: https://www.econbiz.de/10010888351
This article makes an objective assessment of the impact of economic reforms of 1991 on productivity change in Indian manufacturing at a disaggregated level of industrial classification. Using the state-level input–output quantity data constructed from Annual Survey of Industries (ASI)...
Persistent link: https://www.econbiz.de/10011139702
In this study, we attempt to identify the channels through which economic reforms enhanced the productivity growth in total manufacturing sector in India. Because one possible channel is better utilization of plant capacity, we estimate the capacity utilization rate in Indian manufacturing....
Persistent link: https://www.econbiz.de/10010961406
In this paper we use data from the years 1997–2003 to evaluate the size efficiency, as distinct from scale efficiency, of Indian banks. Following Maindiratta [Maindiratta A (1990) J Econ 46:39–56] we consider a bank to be “too large” if breaking it up into a number of smaller units would...
Persistent link: https://www.econbiz.de/10005543009
The dual cost function is partially super-additive when an output quantity bundle of a given quality can be produced at a lower cost by breaking up the output into a number of smaller bundles of the same quality to be produced by several firms instead of the entire bundle being produced by a...
Persistent link: https://www.econbiz.de/10011154939
Varian's Weak Axiom of Cost Minimization provides a nonparametric test of cost minimization, which can be applied only when both input price and quantity data are available for individual firms. In this paper we propose a Weak Axiom of Cost Dominance (WACD), which serves as the basis of an...
Persistent link: https://www.econbiz.de/10011154964
In parametric analysis based on a frontier production function, usually the scale elasticity rather than scale efficiency level is reported. In this paper we show how one can use an estimated translog production function to obtain output- and input-oriented measures of scale efficiency at an...
Persistent link: https://www.econbiz.de/10011154968
In nonparametric analysis of production efficiency, the focus of attention is typically on the individual firm. In this article, we evaluate efficiency in resource utilization at the industry level. We propose an integer programming model to measure the extent of input saving possible if the...
Persistent link: https://www.econbiz.de/10011154990
Over the past decades Data Envelopment Analysis (DEA) has emerged as an important nonparametric method of evaluating performance of decision making units through benchmarking. Although developed primarily for measuring technical efficiency, DEA is now applied extensively for measuring scale...
Persistent link: https://www.econbiz.de/10011079292
In the present study we evaluate the overall cost efficiency of a network of branches of a single large public sector bank in India within the city of Calcutta using the data for the year 2012. Our objective is to determine the optimal number of branches within a postal district that could...
Persistent link: https://www.econbiz.de/10011079306