Components of Total Factor Productivity Growth of the 2-Digit Manufacturing Industries in Karnataka: A Stochastic Frontier Approach

Authors

  • Prasanta Kumar Roy Midnapore College (Autonomous), West Bengal
  • Sebak Kumar Jana Vidyasagar University, West Bengal
  • Devkumar Nayek Midnapore College (Autonomous), West Bengal

DOI:

https://doi.org/10.12725/ujbm.50.4

Keywords:

Stochastic Frontier Production Function, Total Factor Productivity Growth

Abstract

The study estimates the sources of total factor productivity growth (TFPG) of the 2-digit manufacturing industries in Karnataka during the period from 1981-82 to 2010-11, during the entire study period, during the pre & post reform period (1981-82 to 1990-91 and 1991-92 to 2010-11) and also during two different decades of the post-reform period, i.e., during 1991-92 to 2000-01 and 2001-02 to 2010-11 using stochastic frontier approach. Technological progress is found to be the major driving force of TFPG and the decline in TFPG of the state’s manufacturing industries during the post-reform period is mainly accounted for by the decline in technological progress (TP) of the same during that period.

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Published

2020-01-01

How to Cite

Kumar Roy, P. ., Kumar Jana, S. ., & Nayek, D. . (2020). Components of Total Factor Productivity Growth of the 2-Digit Manufacturing Industries in Karnataka: A Stochastic Frontier Approach. Ushus Journal of Business Management, 19(1), 47-74. https://doi.org/10.12725/ujbm.50.4