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Efficiency of India’s Intermediate Goods Industries in the Liberalized Regime

Indian Journal of Industrial Relations

Volume 46 Issue 3

Published: 2011
Author(s) Name: M. Manonmani & M. Ramya
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Abstract

This study analyses the technical scale, cost and allocative efficiencies of select Indian intermediary goods industries such as manufacture of chemical and chemical products, paper and paper products, leather and leather products and non-metallic mineral products in the liberalized regime between 1991-92 and 2005-06. The efficiency scores were obtained by applying Data Envelopment Approach (DEA). It was found that for the entire period, technical, scale, cost and allocative efficient Decision Making Units were more under variable returns to scale (VRS) than under constant returns to scale (CRS) production technology.

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