Measuring Productivity Growth, Technical Progress, and Efficiency Change in Indian Steel Industry Using Data Envelopment Analysis

Sahoo, Biresh (2000) Measuring Productivity Growth, Technical Progress, and Efficiency Change in Indian Steel Industry Using Data Envelopment Analysis. TAPMI, Manipal.

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Abstract

This paper critically reviews the well-known methods of measuring productivity growth and finally concludes that the data envelopment analysis (DEA) method of computing Malmquist productivity index is superior. Using DEA, the productivity growth of 60 steel units in India over the period 1989-1996 is analyzed This productivity growth is further decomposed into technical change, pure efficiency change and scale efficiency change. It is found that there is a decline in productivity growth due to growing inefficiency over the period This paper finally Suggests that bold institutional policy changes is to be , introduced as a part of the liberalization process in order that inefficiency is Substantially reduced, resulting productivity growth to increase for the time to come.

Item Type:	TAPMI Working Papers
Uncontrolled Keywords:	Measuring Productivity Growth; Technical Progress; Indian Steel Industry
Subjects:	General Management
Divisions:	Finance and Strategy
Depositing User:	Ms. Vanitha K
Date Deposited:	17 Nov 2018 08:37
Last Modified:	21 Nov 2018 09:53
URI:	http://tapmi.informaticsglobal.com/id/eprint/384

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