Policy makers confronted with the need to introduce health and safty regulations often wonder how to value the benifites of these regulations. One way that a monetory value could be placed on reductions in health risks, including risk of death, is through understanding how people are compensated...

The economic policy reform in respect of Indian cement industry, during the early 80's, resulted in a phenomenal growth of this sector. Cement industry being highly energy intensive in nature, further development of this industry, without increasing pressure on energy demand, would require...

In this study, we review the previous pattern of return to education and an attempt is also being made to estimate the recent pattern of return to education in India. The conventional pattern of return to education stated by Psacharopoulos (1993) is tested in Indian context. The purpose of...

Abstract It is increasingly recognized that institutional factors such as trade unions do play a dominant role in determining the levels of wages, standard of working conditions. This is more pronounced in the industrial sector of developing economies. The role of labor organizations in the...

Coal combustion, for the production of cement, generates considerable amount of environmentally detrimental carbon dioxide as an undesirable by-product. Thus, this paper aims at measuring environmental efficiency within a joint production framework of both desirable and undesirable output using...

Abstract Applying a Stochastic Production Frontier to sector-level data within manufacturing sector in India, this paper examines Total Factor Productivity (TFP) growth during 1979-80 to 1997-98. The analysis focuses on the trend of technical progress (TP) and Technical Efficiency Change (TEC)....

Abstract Applying a Stochastic Production Frontier to sector-level data within manufacturing sector in India, this paper examines Total Factor Productivity (TFP) growth during 1979-80 to 1997-98. The analysis focuses on the trend of technical progress (TP) and Technical Efficiency Change (TEC)....

The aim of this paper is to examine the existence and direction of the causal relationship between energy consumption and output growth in the Indian cement industry for the period 1979-80 to 2004-05. The most recently developed panel unit root, a heterogeneous panel cointegration and...

This paper aims to explore the labour productivity convergence in manufacturing sector across fifteen major Indian states during 1979-80 to 2000-01, using cross-section analysis. The analysis examines the convergence hypothesis taking both absolute and conditional convergence into consideration....