Index
Productivity Growth in the Manufacturing Sector
ISBN: 978-1-80071-095-5, eISBN: 978-1-80071-094-8
Publication date: 3 June 2021
This content is currently only available as a PDF
Citation
(2021), "Index", Pal, M.K. (Ed.) Productivity Growth in the Manufacturing Sector, Emerald Publishing Limited, Leeds, pp. 269-274. https://doi.org/10.1108/978-1-80071-094-820211023
Publisher
:Emerald Publishing Limited
Copyright © 2021 Emerald Publishing Limited
INDEX
Akaike information criterion (AIC)
, 37–38, 49
Akaike’s final prediction error (FPE)
, 49
Allied contributing sectors
, 55–57, 59
Allocation efficiency effect (AEC)
, 138–139, 146–147, 149–150
Asian Contagion
, 4
Augmented Dickey–Fuller (ADF)
, 21, 34–35, 38, 41, 49, 159–162
Automobile industry
, 254–255, 266
Capital Employed (CE)
, 110
Capital Employed Efficiency (CEE)
, 109
Causality analysis
, 48–50
food and beverage industry (FBI)
, 231–235
Granger causality test
, 234
one-time endogenous structural break
, 233–234
productivity of labor
, 235–237
relative wage rate
, 235–237
structural break analysis
, 235–237
total factor productivity (TFP)
, 232, 236–237
total factor productivity growth (TFPG)
, 232–233, 235–237
Central Statistics Office (CSO)
, 98
Centre for Monitoring Indian Economy (CMIE)
, 98–99
China
, 4–5, 8, 160, 205–206, 228, 242
empirical findings
, 36–41
environmental policies
, 78–79
generalized method of moments (GMM)
, 22–23
methodology
, 33–36
US-China trade conflict
, 83–85, 88–92
Circular manufacturing industry (MI)
economy
, 74–76
environmental policies
, 78–79
policies
, 77–78
social policies
, 79–80
total factor productivity (TFP)
, 76
transformation
, 76–77
Cluster Sampling
, 210
Co-integration
, 35, 37–38, 48, 159–160, 162
Contagion
, 4, 98–99, 103–104
Crisis index
, 99
Cuddy-Della Valle Index
, 222–223, 226
Dynamic Olley-Pakes Decomposition technique
, 46
East Asia, South East Asia and Pacific (EASEANP)
, 57
Econometric analysis
, 11
Economic crisis
, 4, 46–47, 72–73, 115, 157, 169, 254
Economic development
, 18, 206, 211–212
causality analysis, Turkey
, 48–50
data set
, 48
environmental policies
, 78–79
scope
, 48
Toda Yamamoto causality analysis
, 48
variables
, 48
Economic growth
depression
, 156
export intensity (EX)
, 190
finance
, 209
job creation
, 266
labor productivity
, 51
productivity growth
, 4–5
recession
, 156
research
, 157
Turkey
, 43–45
Economic reforms
, 123–124, 141, 150, 168–169, 232
Economic structure
, 32, 84–85
Efficiency
, 8, 19–20, 46–47, 75, 77–80, 157, 168–169, 185, 188, 190–191, 194, 208–209
analysis
, 111–113
data sources
, 109
inefficiency Effects
, 113–115
measurement
, 110–111
research methodology
, 109–110
Emoluments
, 124–125, 128–129, 142
Employment
economy
, 208
exports
, 220
food and beverage industry (FBI)
, 231–232
gross value added (GVA)
, 169–170
labor productivity
, 168
manufacturing industries
, 163
unorganized manufacturing enterprises (UMEs)
, 168
Entrepreneurship
, 44, 47, 168–169
Europe and Central Asia (ENCA)
, 57
Export
agricultural export
, 37–38, 41
automobile sector
, 254–255
commodity
, 87
Export Intensity (EX)
, 190
food and beverage industry (FBI)
, 232
India
, 160
manufacturing industries
, 164
readymade garments
, 220–221, 223, 225–226
textile policy
, 185
Fixed effects models (FEMs)
, 6
Food and beverage industry (FBI)
manufacturing industries
, 232
Ministry of Food Processing Industries (MOFPI)
, 231–232
productivity of labor
, 235–237
relative wage rate
, 235–237
total factor pro ductivity growth (TFPG)
, 233, 235–237
variables
, 234–235
Food processing industry (FPI)
data
, 243
foreign direct investment (FDI)
, 242–243
gross domestic product (GDP)
, 242
Indian economy
, 244
methodology
, 243
prospects of
, 244–247
Foreign direct investment (FDI)
, 20–21, 46–47, 98–99, 206, 211, 214–215, 242–244, 246
Garment Export
, 220–221, 223–227
Generalized method of moments (GMM)
, 20–28
Global economic crisis
, 4–5, 72–73, 168–169, 174–175, 184, 254
Global Moran index
, 258, 264
Global recession
, 5, 73, 98, 221–222, 242
Global textile
, 220
Goods segments
, 91–92
Granger causality test
, 103
Graphical analysis
, 8–10
Gross domestic product (GDP)
automobile sector
, 254
data
, 57
East Asia, South East Asia and Pacific (EASEANP)
, 57
exports
, 207–208
food processing industries (FPI)
, 242
Indian manufacturing sector
, 158
Indian textile industry
, 185
labor
, 18, 20–21, 28
methods
, 57
productivity
, 4, 7–8
tariff
, 36
trade measurement
, 223
Growth
economic growth. See Economic growth
food and beverage industry (FBI)
, 231–232
productivity
, 156–159, 161, 163
rate
, 225–226
unorganized manufacturing enterprises (UMEs)
, 168–170
Growth rate
, 60, 147, 149, 194, 236
agriculture
, 59–61
Asian financial crisis
, 10
car selling
, 258
Central Statistics Office (CSO)
, 98
China
, 8
gross domestic product (See Gross domestic product (GDP))
industry
, 59–61
labor productivity
, 7
manufacturing
, 59–61
multifactor productivity growth (MFPG)
, 186
Hannan–Quinn Criterion (HQC)
, 49
Hausman test
, 7, 12
fixed effects
, 11–13
random effects
, 11–13
High Income (HI)
, 57
Human Capital (HC)
, 108
Human Capital Efficiency (HCE)
, 109
Human resource management
, 121–125, 130–132
India
case studies
, 156–157
co-integration test
, 162
intellectual capital (IC)
, 107, 109–110, 115
interindustry wage disparity
, 19–20
methodology
, 159–161
productivity
, 121–122, 124–125, 130–132
recession
, 156
sources of data
, 158
total factor productivity growth (TFPG)
, 163
US subprime crisis
, 98–99, 102, 104
unit root test
, 162
workforce compensation
, 121–122, 124–125, 130–132
variables
, 158–159
Innovative manufacturing industry
, 74, 76–77, 80
Intellectual capital (IC)
, 107–109, 115
Intellectual Capital Efficiency (ICE)
, 109
International Labour Organization (ILO)
, 20
Knowledge-based capital (KBC)
, 5
Labor productivity (LP)
annual average growth rate (AAGR)
, 176
causality analysis
, 50
cross-country
, 9
defined
, 44
economic growth
, 51
factors
, 44
gross domestic product (GDP)
, 7–8
gross value added (GVA)
, 169–170
growth rate
, 7
industrialization
, 18
International Labour Organization (ILO)
, 20
manufacturing
, 19
national economy
, 44
performance
, 19–20
total factor productivity growth (TFPG)
, 233
Turkey
, 45, 51
wage rate
, 123
Labor productivity growth (LPG)
, 8
Leverage
, 110, 113–114, 131
Low Middle Income (LMI)
, 57
Manufacturing
circular
, 72, 74, 76–77, 80–81
competitive
, 72, 74, 76–77, 80–81
domestic tariff and
, 31–33, 36, 41
Eastern India
, 205–206, 210–212, 215
food processing industry (FPI)
, 244
global economy
, 72, 74, 76–77, 80–81
gross domestic product (GDP) growth
, 55, 57, 62–63
intellectual capital (IC)
, 107, 109–110, 115
labor productivity and growth
, 17, 19–21, 28
productivity growth
, 4–5, 8, 13–14, 156–159, 161, 163–164
smart
, 72, 74, 76–77, 80–81
total factor productivity growth (TFPG)
, 138–139, 142, 150–151
trade
, 31–33, 36, 41
unorganized manufacturing enterprises (UMEs)
, 168–170, 175–176, 180–181
US subprime crisis, India
, 98–99, 102, 104
workforce compensation/productivity, India
, 121–122, 124–125, 130–132
Manufacturing industry (MI)
circular
, 74–76
competitive
, 74–76
economic policies
, 77–78
environmental policies
, 78–79
innovative
, 74–76
smart
, 74–76
social policies
, 79–80
transformation
, 76–77
Middle East and North Africa (MENNA)
, 57
Moran's Index
, 256–258, 264
Multinomial logistic regression
, 211
Neighborhood impact
, 254–256, 258, 264, 266
Nominal effective exchange rate (NEER)
, 100
North America, Latin America and Caribbean (NALANC)
, 57
Optimal wages
, 46–47, 49–50
Organized
enterprises
, 170–174
entrepreneurs
, 170–174
Gujarat, India
, 138–139, 142, 150–151
manufacturing industries
, 138–139, 142, 150–151
technology-intensive
, 19–20
Panel data
1990–2018
, 4–5, 8, 13–14
Annual Survey of Industries (ASI)
, 142
Indian manufacturing industries
, 164
labor productivity and growth
, 17, 19–21, 28
National Accounts Statistics (NAS)
, 142
Stochastic Frontier Analysis (SFA)
, 110
technological progress (TP)
, 138
total factor productivity growth (TFPG)
, 157
Phillips–Perron (PP)
, 34
Poirier’s spline function approach
, 222
Political economy
, 79–80
Probit
, 99
Granger causality test
, 103
normality
, 101
regression
, 103
Productivity
assets
, 109
competition
, 121–123
economic development, Turkey
, 43, 45, 48, 50–51
foreign direct investment (FDI)
, 103–104
global recession
, 4–5, 8, 13–14
Gujarat, India
, 138–139, 142, 150–151
Indian food and beverage industry (FBI)
, 231, 233, 235, 237–238
Indian manufacturing sector
, 121–122, 124–125, 130–132, 156–159, 161, 163–164
Indian textile industry
, 184, 186, 193, 198–199
intellectual capital (IC)
, 115
labor productivity (LP)
, 17, 19–21, 28
manufacturing sector
, 4–5, 8, 13–14
productivity loss index (PLI)
, 98–99
sustainable development (SD)
, 75–76
total factor
, 138–139, 142, 150–151
unorganized manufacturing enterprises (UMEs)
, 168–170, 175–176, 180–181
workforce compensation and
, 121–122, 124–125, 130–132
Productivity-driven development (PDD)
, 75–76
manufacturing industry (MI)
, 76
sustainable development (SD)
, 76
Productivity loss index (PLI)
, 98–99
Random effects models (REMs)
, 6–7
Real effective exchange rate (REER)
, 102
Recession
, 14
COVID-19
, 156
deep
, 98–99
global
, 98, 156
India
, 156
total factor productivity growth (TFPG)
, 184
Regression model
, 7
Relational Capital (RC)
, 108
Relative wage rate
, 233, 235–237
Resilient economy
, 73–74, 76, 80
Scale effect (SC)
, 138, 147, 149, 198
Schwarz criterion (SC)
, 49
Simultaneous equations
, 19–20
Smart
economic policies
, 77
logistics
, 77
manufacturing industry (MI)
, 74, 76–77, 80
productivity-driven development (PDD)
, 76
total factor productivity (TFP)
, 76
Spillover effect
, 31–32, 84–85, 191–192, 264
Stationary
augmented Dickey–Fuller (ADF) test
, 159–160
economic growth
, 49
Toda Yamamoto causality analysis
, 48
total factor productivity growth (TFPG)
, 159–160
trend stationary (TS)
, 234
unit root test
, 223
vector autoregression (VAR)
, 37–38
Stochastic Frontier Analysis (SFA)
, 109–111, 113
Stochastic frontier approach
, 138–139
Structural break
, 224–225
CUSUM test
, 225
one-time endogenous
, 233–234
total factor productivity growth (TFPG)
, 233
unit root tests
, 142
Structural Capital (SC)
, 108
Structural Capital Efficiency (SCE)
, 109
Sub-Saharan Africa (SSA)
, 57
Sustainable development (SD)
, 72–73
economic policies
, 78
manufacturing industry (MI)
, 74
total resilience
, 73
Sustainable energy system
, 78–79
Tariff
China
, 84–85
domestic
, 33
foreign direct investment (FDI)
, 214–215
gross domestic product (GDP)
, 38
impositions
, 33–34
total factor productivity growth (TFPG)
, 157
trade and
, 33
World Trade Organization (WTO)
, 32
Technical efficiency
, 76, 108–110, 138
Technological progress (TP)
, 80, 123, 138, 169–170
Time series econometrics
, 32, 41, 55–56
Toda Yamamoto causality analysis
, 45, 48
Total factor productivity (TFP)
, 19–20, 76, 122
defined
, 140, 159
growth rate
, 194
Gujarat’s manufacturing industries
, 138–139
labor productivity and
, 232
productivity-driven development (PDD)
, 76
smart technologies
, 76
Total factor productivity growth (TFPG)
data and variables
, 142
hypotheses testing
, 144–146
methodology
, 139–142
model specification
, 140–142
Stochastic Frontier model
, 142–144
Total resilience
, 73
Trade
, 4
domestic tariff
, 31–33, 36, 41
international
, 45–46
liberalization
, 157
manufacturing
, 31–33, 36, 41
openness
, 101–102, 221, 226–227
policy
, 123
restrictions
, 31–32
US-China
, 83–85, 91–92
Trade orientation ratio (TOR)
, 98–99
Turkey
, 160
causality analysis
, 48–50
economic growth
, 45
labor productivity
, 45
Unorganized manufacturing enterprises (UMEs)
, 168–169
employment
, 169–170, 174–175
enterprise
, 170–174
fixed assets
, 175
gross value added (GVA)
, 169–170, 175
labor productivity
, 169–170
productivity, India
, 175–176
Upper Middle Income (UMI)
, 57
USA
, 8, 22–23, 227
vs. China
, 4–5, 33, 83–85, 91–92
domestic tariff
, 31–33, 36, 41
manufacturing trade
, 31–33, 36, 41
productivity growth
, 8
Value Added Intellectual Coefficient™ Model (VAIC™)
, 108–109, 113
Variance inflation factors (VIFs)
, 102
Vector error correction model (VECM)
, 37–38
Water policies
, 79
World Bank Institutional Survey (WBES)
, 47
World Development Indicators (WDI)
, 7, 34
World Integrated Trade Solutions (WITS)
, 34
World Trade Organization (WTO)
, 32
- Prelims
- Section I Manufacturing Productivity at the Global Perspectives
- Chapter 1 Is Productivity Growth in Manufacturing Sector a Driving Force Toward Mitigating Global Recession? A Cross-Country Explanation from Panel Data: 1990–2018
- Chapter 2 Effects of Labor Productivity and Growth of Manufacturing Sector on Overall Growth of the Nation – A Panel Data Analysis of the Major Economies
- Chapter 3 Domestic Tariff and Manufacturing Trade: A Comparative Study on the United States and China
- Chapter 4 Identifying the Relationship between Labor Productivity and Economic Development for Turkey
- Chapter 5 The Current Setting of Contribution of Manufacturing Sector Relative to Other Allied Sectors Over GDP Growth: An Analysis in Regional and Income Class Classifications of Countries
- Chapter 6 Smart, Circular, and Competitive Manufacturing Industry as a Key for Enhancing Resilience of the Global Economy
- Chapter 7 The US-China Trade Conflict and Dynamics of International Trade in Three Commodity Segments
- Chapter 8 “Up in the Downturn”: Was There Any Role of the US Subprime Crisis on the Slump in Growth of India's Manufacturing Sector Between 2007 and 2010?
- Chapter 9 Relationship between Efficiency and Intellectual Capital of Select Indian Manufacturing Firms: Is There Any Implication of Global Financial Crisis?
- Section II Manufacturing Productivity at the Indian Perspectives
- Chapter 10 Workforce Compensation and Productivity Growth in the Indian Manufacturing Sector: Lessons for Human Resource Management
- Chapter 11 Sources of Total Factor Productivity Growth of the Organized Manufacturing Industries in Gujarat, India: A Stochastic Frontier Approach
- Chapter 12 Productivity Growth in the Indian Manufacturing Sector: A Way of Mitigating Recession
- Chapter 13 Growth and Productivity of Unorganized Manufacturing Enterprises: An Analysis across States/UTs in India
- Chapter 14 Scope of Mitigating Recession in Output of Indian Textile Industry through Productivity Growth: Evidence Using Nonparametric Data Envelopment Analysis
- Chapter 15 Key Aspects Related to Manufacturing Industries: A Study in Eastern India
- Chapter 16 India's Readymade Garments Export in the Scenario of Trade Openness: An Analysis of Trend and Structural Break
- Chapter 17 Analysis of Causality between Wage and Productivity in Food and Beverage Industry in India
- Chapter 18 Role and Prospects of Food Processing Industries in Indian Economy – An Analysis
- Chapter 19 A Threadbare Analysis on the State of Affairs of Indian Automobile Sector in the Aftermath of Present Recessional Trend and Its Remedy
- Index