Productivity and capital investments: An empirical study of three manufacturing industries in India

被引：8
作者：
Chaudhuri, Atanu [3 ]
Koudal, Peter [2 ]
Seshadri, Sridhar [1 ]
机构：
[1] Univ Texas Austin, McCombs Sch Business, IROM Dept, 1 Univ Stn, Austin, TX 78712 USA
[2] GE Global Res, Niskayuna, NY 12309 USA
[3] Deloitte Support Serv India Pvt Ltd, Deloitte Res, Hyderabad 500081, Andhra Pradesh, India
来源：
IIMB MANAGEMENT REVIEW | 2010年 / 22卷 / 03期
基金：
美国国家科学基金会;
关键词：
Capital investments; Manufacturing firms; Panel data; Labour productivity; Capital productivity;
D O I：
10.1016/j.iimb.2010.04.012
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
Investments in the Indian manufacturing sector do not seem to match the rate of growth of sales. This study empirically determines factors explaining within-firm variation in investment growth in three industriesd-auto components, chemicals and electronicsd-using panel data from 2002 to 2006. The results show that common firm-specific factors and some industry-specific factors, explain variation in investments within firms. Capital productivity is a significant factor in auto components and chemicals while capital intensity is significant for chemicals and electronics. Labour productivity is significant only for the electronics industry. The results suggest that there is a need to manage productivity improvements from the growth point of view and not only for efficiency improvements. (C) 2010 Indian Institute of Management Bangalore. All rights reserved.
引用
收藏
页码：65 / 79
页数：15
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