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