Essays on the Indian economy

Competitive pressure, productivity and performance

A. Sahoo

Research output: ThesisDoctoral ThesisScientific

397 Downloads (Pure)

Abstract

India undertook a drastic economic reform program in 1991, with the significant objectives of removing existing inefficiencies and enhancing global competitiveness. A competitive environment is a prerequisite condition for gaining higher productivity. The main desired role of economic liberalization is to enhance the efficient utilization of inputs with relaxing constraints input use and technology choices and gains from international trade by bringing global competitive pressure to the economy. The dissertation proposes a macro productivity-efficiency analysis while taking care of the inter-linkages in the economy. This is extended to address to a few important issues of the Indian economy, viz. income distribution, poverty, wage inequality between skilled and unskilled labour, returns to education and performance of formal and informal sectors. These above-mentioned issues are captured with the help of three independent essays. The analytical tool is based on a general equilibrium-activity analysis where welfare maximization subject to input and trade constraints results in competitive equilibrium. Competitive input prices reflect factor productivity. Incorporation of input-output framework captures the inter-sectoral linkages. The social accounting matrix (SAM), which plays an important role in establishing inter-linkages in the economy by combining input-output analysis and household income distribution, provides the basic data set for our model.
Original languageEnglish
QualificationDoctor of Philosophy
Awarding Institution
  • Tilburg University
Supervisors/Advisors
  • ten Raa, Thijs, Co-promotor
  • James, Michael, Promotor
Award date22 Feb 2008
Place of PublicationTilburg
Publisher
Print ISBNs9789056682095
Publication statusPublished - 2008

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Productivity
Indian economy
Income distribution
Interlinkage
Competitive equilibrium
Economic reform
Social accounting matrix
Unskilled labour
General equilibrium
Global competitiveness
Economic liberalization
Poverty
India
Input-output analysis
Skilled labor
Wage inequality
Household income
International trade
Competitive environment
Formal and informal sectors

Cite this

Sahoo, A. (2008). Essays on the Indian economy: Competitive pressure, productivity and performance. Tilburg: CentER, Center for Economic Research.
Sahoo, A.. / Essays on the Indian economy : Competitive pressure, productivity and performance. Tilburg : CentER, Center for Economic Research, 2008. 111 p.
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Sahoo, A 2008, 'Essays on the Indian economy: Competitive pressure, productivity and performance', Doctor of Philosophy, Tilburg University, Tilburg.

Essays on the Indian economy : Competitive pressure, productivity and performance. / Sahoo, A.

Tilburg : CentER, Center for Economic Research, 2008. 111 p.

Research output: ThesisDoctoral ThesisScientific

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T1 - Essays on the Indian economy

T2 - Competitive pressure, productivity and performance

AU - Sahoo, A.

PY - 2008

Y1 - 2008

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AB - India undertook a drastic economic reform program in 1991, with the significant objectives of removing existing inefficiencies and enhancing global competitiveness. A competitive environment is a prerequisite condition for gaining higher productivity. The main desired role of economic liberalization is to enhance the efficient utilization of inputs with relaxing constraints input use and technology choices and gains from international trade by bringing global competitive pressure to the economy. The dissertation proposes a macro productivity-efficiency analysis while taking care of the inter-linkages in the economy. This is extended to address to a few important issues of the Indian economy, viz. income distribution, poverty, wage inequality between skilled and unskilled labour, returns to education and performance of formal and informal sectors. These above-mentioned issues are captured with the help of three independent essays. The analytical tool is based on a general equilibrium-activity analysis where welfare maximization subject to input and trade constraints results in competitive equilibrium. Competitive input prices reflect factor productivity. Incorporation of input-output framework captures the inter-sectoral linkages. The social accounting matrix (SAM), which plays an important role in establishing inter-linkages in the economy by combining input-output analysis and household income distribution, provides the basic data set for our model.

M3 - Doctoral Thesis

SN - 9789056682095

T3 - CentER Dissertation Series

PB - CentER, Center for Economic Research

CY - Tilburg

ER -

Sahoo A. Essays on the Indian economy: Competitive pressure, productivity and performance. Tilburg: CentER, Center for Economic Research, 2008. 111 p. (CentER Dissertation Series).