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Citation Information

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.

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