Title: Productivity, innovations and profitability of manufacturing industries in India: a regional study of Haryana State
Authors: Supran Kumar Sharma; Shallu Sehgal
Addresses: School of Business, Faculty of Management, Shri Mata Vaishno Devi University, Katra, J&K, PRO, 15-C, 2nd Extension, Opp. Bahu Plaza, JDA Complex, Gandhi Nagar, Jammu-180 004, India ' Department of Economics, University of Jammu, Jammu, J&K, India
Abstract: The study measures the determinants and dimensions of productivity and innovations using panel data of different industrial groups at micro level for manufacturing sector of one of the developing states of Indian economy. The study is a novel attempt to apply Malmquist productivity index along with its components and also efforts have been made to identify some macroeconomic and infrastructural factors and their association with the level of productivity. The study is more likely to be free from any type of distortions as the present attempt concentrates on industry level analysis which is enjoying various common features and constitutes a homogeneous sample due to their operations in similar economic environment and subject to same regulatory regime. Profitability-productivity association confirms huge potential for selected categories. The study indicates that there is not only need to strengthen the level of innovations and optimum utilisation of resources but also critical obligation to balance and harmonise both aspects.
Keywords: Malmquist productivity index; data envelopment analysis; DEA; manufacturing industry; non-parametric testing; India; innovation; profitability; India; regional study; resource utilisation.
International Journal of Business Excellence, 2015 Vol.8 No.6, pp.700 - 723
Available online: 09 Oct 2015 *Full-text access for editors Access for subscribers Purchase this article Comment on this article