Download or read book Perspectives on the Sources of Heterogeneity in Indian Industry written by Somik V. Lall and published by World Bank Publications. This book was released on 2015 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of variations in technical efficiency across four industrial sectors in India shows that managerial effectiveness significantly influences efficiency and that considerable benefits derive from location within established industrial clusters for particular industries. Liberalization and globalization are likely to bring significant productivity gains even in low-technology industries as managers gear up to meet the challenges of competition.Lall and Rodrigo examine technical efficiency variation across four industrial sectors in India, using a stochastic production frontier technique. The results are comparable to technical efficiency distribution patterns obtained in other countries. The authors examine heterogeneity in firm-level efficiency against internal, firm-level characteristics and against external characteristics (industry and location).The results suggest that managerial effectiveness significantly influences efficiency and that considerable benefits derive from location within established industrial clusters for particular industries. The methodology and findings indicate that the study of industry-specific technical efficiency patterns is a useful analytical tool for tracking domestic firms' response to liberalization and the advance of market forces.An important policy implication of Lall and Rodrigo's results: There is considerable room for efficiency gains through better organization and management of production processes and improved supply chain management, even in the highly organized corporate sector. These gains could be achieved by purely internal learning processes with no extra investment in physical plant or equipment, or with the help of outside consultants, or through business alliances with partners from industrial countries (a rising trend).The results also show that greater technical efficiency correlates with better energy use and higher investments in plant management. How firms can be induced to undertake such investments in the software of production is an important issue. Liberalization and globalization are likely to bring significant productivity gains even in low-technology industries as managers gear up to meet the challenges of competition.This paper - a product of Infrastructure and Environment, Development Research Group - is part of a larger effort in the group to understand the role of economic geography and urbanization in the development process.
Download or read book Perspectives on the Sources of Heterogeneity in Indian Industry written by Somik V. Lall and published by . This book was released on 2017 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors examine technical efficiency variation across four industrial sectors in India, using a stochastic production frontier technique. The results are comparable to technical efficiency distribution patterns obtained in other countries. The authors examine heterogeneity in firm-level efficiency against internal, firm-level characteristics and against external characteristics (industry and location). The results suggest that managerial effectiveness significantly influences efficiency and that considerable benefits derive from location within established industrial clusters for particular industries. The methodology and findings indicate that the study of industry-specific technical efficiency patterns is a useful analytical tool for tracking domestic firms' response to liberalization and the advance of market forces. An important policy implication of the authors' results: There is considerable room for efficiency gains through better organization and management of production processes and improved supply chain management, even in the highly organized corporate sector. These gains could be achieved by purely internal learning processes with no extra investment in physical plant or equipment, or with the help of outside consultants, or through business alliances with partners from industrial countries (a rising trend). The results also show that greater technical efficiency correlates with better energy use and higher investments in plant management. How firms can be induced to undertake such investments in the "software" of production is an important issue. Liberalization and globalization are likely to bring significant productivity gains even in low-technology industries as managers gear up to meet the challenges of competition.
Download or read book Indian Economy Reforms and Development written by Pradip Kumar Biswas and published by Springer. This book was released on 2019-08-09 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents a comprehensive study of the impact of policy reforms on output, employment, and productivity growth across sectors of India since 1991. It showcases varied responses from different sectors as they faced different degrees of policy interventions, and challenges or opportunities as regards markets, technology, and availability of skills and other complementary resources. The book also discusses the contributions of the service sector on India’s GDP and employment. The book throws light on the phenomena of rising inequality and persistent poverty which continues to shadow and be a hallmark of post-reform India, despite high economic growth. It underlines the failure of these reforms to bring about major change in social and economic organizations and institutions. The book’s contents stress on the criticality of addressing these issues as they have a serious potential of jeopardizing the country’s ability to maintain high growth momentum. With these pertinent topics, the book would be of interest not only to the research community, but also to policy makers and practitioners of various sectors addressed here.
Download or read book Agglomeration Economies and Productivity in Inidian Industry written by Somik V. Lall and published by World Bank Publications. This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: August 2001 The benefits to Indian manufacturing firms of locating in dense urban areas do not appear to offset the associated costs. Improving the quality and availability of transport infrastructure linking smaller urban areas to the rest of the interregional network would improve manufacturing plants' access to markets and would give standardized manufacturing activities a chance to move out of large, costly urban centers to lower cost secondary centers. "New" economic geography theory and the development of innovative methods of analysis have renewed interest in the location and spatial concentration of economic activities. Lall, Shalizi, and Deichmann examine the extent to which agglomeration economies contribute to economic productivity. They distinguish three sources of agglomeration economies: * At the firm level, from improved access to market centers. * At the industry level, from enhanced intra-industry linkages. * At the regional level, from inter-industry urbanization economies. The input demand framework they use in analysis permits the production function to be estimated jointly with a set of cost shares and makes allowances for nonconstant returns to scale and for agglomeration economies to be factor-augmenting. They use firm-level data for standardized manufacturing in India, together with spatially detailed physio-geographic information that considers the availability and quality of transport networks linking urban centers--thereby accounting for heterogeneity in the density of transport networks between different parts of the country. The sources and magnitudes of agglomeration vary considerably between industrial sectors. Their results indicate that access to markets through improvements in interregional infrastructure is an important determinant of firm-level productivity, whereas the benefits of locating in dense urban areas do not appear to offset the associated costs. Improving the quality and availability of transport infrastructure linking smaller urban areas to the rest of the interregional network would improve market access for manufacturing plants. It would also give standardized manufacturing activities a chance to move out of large, costly urban centers to lower cost secondary centers. This paper--a product of Infrastructure and Environment, Development Research Group--is part of a larger effort in the group to understand the role of economic geography and urbanization in the development process. The authors may be contacted at [email protected], zshalizi @worldbank.org, or [email protected].
Download or read book Performance of Pharmaceutical Companies in India written by Mainak Mazumdar and published by Springer Science & Business Media. This book was released on 2012-10-19 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how government support and institutional set up facilitated the evolution of the Indian pharmaceutical industry and provides an economic analysis of firm strategies due to recent policy changes. The book is useful for researchers interested in understanding the transition of a lifeline sector for an emerging economy like India. Students of public policy, health administrators and health economists who are interested in the functioning of the pharmaceutical sector that produces life saving drugs in developing nations will find this book useful. The book also provides good coverage on data envelopment analysis (DEA), a useful technique for understanding productivity and efficiency. It can provide guidance to the research students on the applicability of DEA technique to address various research questions for analysis. The book will be a valuable addition to libraries in colleges of pharmacy and medicine as well as to all other academic and research centers.
Download or read book Firm Productivity in Bangladesh Manufacturing Industries written by Ana Margarida Fernandes and published by World Bank Publications. This book was released on 2006 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The author studies the determinants of total factor productivity (TFP) for manufacturing firms in Bangladesh using data from a recent survey. She obtains TFP measures by making use of firm-specific deflators for output and inputs. Controlling for industry, location, and year fixed effects, she finds that: (1) firm size and TFP are negatively correlated; (2) firm age and TFP exhibit an inverse-U shaped relationship; (3) TFP improves with the quality of the firm's human capital; (4) global integration improves TFP; (5) firms with research and development activities and quality certifications have higher TFP, while more advanced technologies improve TFP only in the presence of significant absorptive capacity; (6) power supply problems cost firms heavily in terms of TFP losses; and (7) the presence of crime dampens TFP. "--World Bank web site.
Download or read book New Interpretations on the Development of China s Non Governmental Enterprises written by Yingqiu Liu and published by Springer. This book was released on 2017-05-18 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes and analyzes the new problems and challenges faced by China's non-governmental enterprises. In the post-WTO era, which has been particularly affected by the international financial crisis, there will be many problems and challenges that need to be faced in the development of non-governmental enterprises. In order to achieve sustainable economic and social development it is especially important to promote non-governmental enterprises. The book demonstrates the necessity and urgency of China's non-governmental enterprises’ organizational innovation, technological innovation, management innovation and promotion of international development. Finally it proposes strategic choices and suggestions to achieve greater development of China's non-governmental enterprises.
Download or read book Cluster Based Industrial Development written by Tetsushi Sonobe and published by Springer. This book was released on 2006-07-11 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite its utmost importance, the issue of industrial development has been largely neglected in the literature for the last few decades. The authors have conducted comparative case studies between Chinese and Japanese industries.
Download or read book Interpreting East Asian Growth and Innovation written by H. Khan and published by Springer. This book was released on 2004-02-09 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Haider A. Khan goes beyond the study of catch-up technology and raises the question of innovation processes that are the key to the future growth and prosperity of the East Asian economies. This is particularly important in the aftermath of the Asian financial crises that have cost these economies much. How can newly industrialized economies achieve cohesive systems of innovation for sustainable growth? The author offers a novel theory of innovation systems with concrete case studies to illustrate its usefulness.
Download or read book Learning By Dinning written by Somik V. Lall and published by World Bank Publications. This book was released on 2013 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors analyze the determinants of firm productivity in a group of Mexican firms. In particular, they test the contribution of external factors such as trade and knowledge diffusion, the availability of infrastructure, informal knowledge exchange, competitive environment, and business regulatory climate. The authors find that one factor consistently emerges as an important proximate source of productivity-access to informal networks. Interaction in the form of "business lunches" with local buyers and suppliers, competitors, government officials, and other professionals have a significant and positive effect on a firm's productivity. Access to regulators and agents of backward and forward linkages are important in settings where information on business practices and regulations is not publicly disclosed. The results complement predictions of traditional growth theory-in addition to technology and learning being the driving force of firm productivity, proximity to influential individuals who can grant favors or provide information advantage on business and trade practices have significant productivity impacts.
Download or read book The World Bank Research Program 2001 written by World Bank and published by World Bank Publications. This book was released on 2001-01-01 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication is a compilation of reports on research projects initiated, under way, or completed in fiscal year 2001 (July 1, 2000 through June 30, 2001). The abstracts cover 150 research projects from the World Bank and grouped under 11 major headings including poverty and social development, health and population, education, labor and employment, environment, infrastructure and urban development, and agriculture and rural development. The abstracts detail the questions addressed, the analytical methods used, the findings to date and their policy implications. Each abstract identifies the expected completion date of each project, the research team, and reports or publications produced.
Download or read book Economic Structure Productivity and Infrastructure Quality in Southern Mexico written by Uwe Deichmann and published by World Bank Publications. This book was released on 2002 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are large and sustained differences in the economic performance of sub-national regions in most countries. The authors examine the economic structure and productivity in Southern Mexico and compare it with the rest of the country. The authors use firm level data from Mexican manufacturing to test the relative importance of firm level characteristics (such as human capital and technology adoption) compared with external characteristics (such as infrastructure quality and regulatory environment) in explaining productivity differentials. The authors find that the economic structure of Southern Mexico is considerably different from the rest of the country, with the economic landscape dominated by micro enterprises and a relative specialization in low productivity activities. This, coupled with low skill levels and fewer skill upgrading opportunities, reduces the performance of Southern firms. Productivity differentials between Southern firms and others, however, only exist for micro enterprises. The econometric analysis shows that while employee training and technology adoption enhance productivity, access to markets by improving transport infrastructure that link urban areas also have important productivity effects.
Download or read book Welcome to Alien Inn written by Betsy Haynes and published by World Bank Publications. This book was released on 1995-12-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stranded at an inn during a blizzard, Matt enjoys the snow and the time off from school until he learns that the innkeeper and all the other guests are really aliens who have come to Earth to study human life.
Download or read book Public Expenditures and Environmental Protection written by Gunnar S. Eskeland and published by World Bank Publications. This book was released on 1999 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pigou's conjecture was that under costly taxation public expenditures should not reach the point where marginal benefits equal marginal costs. In the treatment here, public expenditures (and environmental protection) may provide public goods for consumption but also collective inputs for production. When the benefits are in production, the cost of funds is irrelevant. Why? Collective inputs benefit goods that are taxed, while for public goods the shadow price of funds reduces provision as if they were.
Download or read book State Policies and Women s Autonomy in China the Republic of Korea and India 1950 2000 written by and published by World Bank Publications. This book was released on 2000 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: State policies can enormously influence gender equity. They cvan mitigate cultural constraints on women's autonomy (as in China and India) or slow the pace of change in gender equity (as in the Republic of Korea). Policies to provide opportunities for women's empowerment should be accompanied by communication efforts to alter cultural values that limit women's access to those opportunities.
Download or read book Firm level Survey Provides Data on Asia s Corporate Crisis and Recovery written by Mary Hallward-Driemeier and published by World Bank Publications. This book was released on 2001 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This rich new database on 4,000 Asian firms, operating in Indonesia, the Republic of Korea, Malaysia, the Philippines, and Thailand, focuses on the impact of Asia's economic crisis and on the longer-run determinants of productivity, employment practices, and financial structure.
Download or read book Investigating Corruption written by Canice Prendergast and published by World Bank Publications. This book was released on with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why incentive contracts and independent investigations may not be the perfect solution to the problem of bureaucratic corruption.
