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, Bingley, 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