Type | Journal Article - The Journal of Industrial Statistics |
Title | Total Factor Productivity Growth in Pharmaceutical Industry: A Look Using Modern Time Series Approach with Indian Data |
Author(s) | |
Volume | 1 |
Issue | 2 |
Publication (Day/Month/Year) | 2012 |
Page numbers | 250-268 |
URL | http://mospi.nic.in/MOSPI_NEW/upload/JIS_2012/Fac_Prod_Growth_Pharm_Industr_corr_sep12.pdf |
Abstract | The paper estimates total-factor-productivity-growth (TFPG) of Indian Pharmaceutical Industry by estimating a production function with four inputs for 1973-74 to 2003-04, adjusted for stationarity after ADF-unit-root test. Translog form gives the better fit as confirmed by Wald-coefficient test. Variation in TFPG is also explained. |