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This paper examines the empirical validity of law of diminishing returns to capital across 127 Indian industries (factory sector) for the year 1999-2000 by fitting a quadratic production function. The empirical evidence on the basis of sign, size and statistical significance of the regression...
Persistent link: https://www.econbiz.de/10005427289
The main focal point of this study is to investigate the presence of structural shift in the growth rates of output and labor and labor elasticity of output during post-economic reform period in the Indian industrial sector. The empirical results of the present paper based on the time series...
Persistent link: https://www.econbiz.de/10005427297
The present empirical exercise tries to look at the growth rate of employment and the responsiveness of employment in agriculture and allied activities to the changes in total employment in the organized sector during pre- and post-economic reform periods, by estimating a demand function for...
Persistent link: https://www.econbiz.de/10005232744
This note tries to look at the responsiveness of employment to the changes in Output during pre and post economic reform periods by estimating a derived demand function for employment with an interaction variable. The empirical results of the present note based on the time series data from...
Persistent link: https://www.econbiz.de/10005243533