Economic reform and productivity growth in Indian manufacturing industries: an interaction of technical change and scale economies

摘要: Abstract This paper studies the effects of economic reforms 1991 on Indian manufacturing industries. A translog cost function was used to analyze production structure in terms biased technical change and economies scale. panel consisting 121 industries from 1981 1998 our estimation. We have shown that key experienced capital-using change, scale been exploited more intensively since reforms. also observe total factor productivity (TFP) improvements for most after reform initiatives, which support evidence efficiency