In India, economic reforms adopted in 1991 in form of LPG (Liberalization-Privatization-Globalization) removed numerous barriers to grow and offered opportunities to improve productivity, particularly, for the manufacturing sector. But the rationale that manufacturing sector acted as main...

In view of discussion of two crises, Asian Financial crisis, 1997 and global meltdown, 2008 spreading over more than two decades, the objective of this article is to present econometrically whether productivity growth across countries can be a remedial measure toward tackling global recession...

The informal manufacturing sector, characterized by activities such as handicrafts, cottage industries, micro-enterprises, and small-scale industries, contributes significantly to local economies. It provides livelihoods for millions, representing a substantial portion of the global workforce...

The growth of manufacturing industries can be a key factor in helping to mitigate global recession. Productivity Growth in the Manufacturing Sector highlights key issues and possible remedies facing the manufacturing sector in range of international contexts. Focusing on specific manufacturing...

Total factor productivity growth (TFPG) is not only the technological progress. It is a boarder concept. It may be the increase in the productivity of inputs, economies of scale, capacity utilization, technological progress, etc. In this study, we have tried to estimate TFPG and its components...

The chapter examines the sources of total factor productivity growth (TFPG) of the 2-digit manufacturing industries as well as total manufacturing industry of Gujarat during the period from 1981–82 to 2010–11, using a stochastic frontier approach. The empirical finding clearly states that...