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This is a pioneering attempt which has determined the quantitative relationship between the parameters (i) Money wage and productivity, and (ii) Real wage and Productivity, covering a wide range of data on production, employment, money wage, real wage, productivity and wage-share in Indian Public Sector. This book has determined the nature of relationship between wage and productivity in Eastern Coalfield Limited, Bharat Coking Coal Limited, Indian Steel Industry and Indian Railway Industry which are the leading public enterprises in Indian Economics. Thus, this book on Industrial Economics is considered as a pioneering research work in the area of Labour-Managerial Economics. Review ``Issues relating to wages have remained polemical. However, it is agreed that labourers deserve resonable wages which should be based on both productivity and cost of living. Wages assume importance as they serve as an incentive for the labourers. Students of Industrial Economics will find this book useful''. I. Satya Sundaram, Southern Economist, May 96, Bangalore
This book on Investment Decision in Indian Public Sector is an attempt to determine the quantitative relationship between the economic parameters: (i) Investment and profit and (ii) Investment and output, incorporating a wide range of data on production, employment, productivity, wage, price, wage-share, social overhead cost, assets and investment in leading public enterprises in Indian economy such as, Eastern Coalfield Limited, Bharat Coaking Coal Limited, Coal India Limited and Steel Authority of India Limited. Thus, this research book in Managerial Economics establishes its importance in the area of industrial economics.
Productivity and wages plays an important role in the economic development and ultimately determines the standard of living in the country. In a developing economy like India the wage policy is facing a real conflict between the need of the workers for larger consumption and the demand of the economy for higher rate of capital formation. The increasing productivity and its linking with wages is the best option available. The book examines the relationship between productivity and wages in selected industries of organised manufacturing. In this endeavour, the book examines (a) The trends in productivity; (b) The trends in distribution of productivity gains; (c) The trends in factor compensation (wages and rate of return). Contents: Introduction and Problem Setting, Data and Methodology, Wage Productivity Relationship Theoretical and Empirical Evidence, Productivity Trends in Selected Industries, Trends in Distribution of Productivity Gains, Trends in Wages and Earnings, Wage-Productivity R
This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.
The growth of manufacturing industries is one of the key sectors in helping to mitigate global recessions. Productivity Growth in the Manufacturing Sector thoroughly discusses issues and potential remedies of this sector for a range of international countries.
This book contains many well prepared papers on Investment Management, Information Technology, New issues markets, Stock Exchanges and its importance, Risk Management, Cash Management, Technical Analysis of Venture Capital, Portfolio Management, etc. This book analysis various issues and problems of Information Technology on Investment Management. It is one of the very best books for investors to invest their money for good returns without any risk. Besides the book discusses various aspects of information technology and investment management in a pragmatic and realistic way. This book helps to Investors, Company Secretaries, Executives, Business Managers, Researchers, and Corporate Owners to understand the magnitude of information Technology for effective utilisation of funds for better return on Investment. This book is intended for B.Com., B.B.A., M.Com., M.B.A.., M.B.M. And other equivalent degrees of many Universities of India. Dr. M. NAZER is a Reader and Research Adviser in the faculty of commerce, Khadir Mohideen College, Adirampattinam, Thanjavur District, Tamil Nadu. He obtained his M.Com. in 1985,
Studies on growth and development of SSI's have always occupied a very prominent position in scientific research. During recent times scientists have been interested in understanding how the growth and development of SSI's are governed by the entrepreneurship of the people. The study investigates various aspects of entrepreneurs. It explores the effects of socio-psychological background of the entrepreneur on the success and failure of the enterprise. the author also highlights the motivational factors that induce the entrepreneur to the field. The book also draws the personal characteristics of a successful Kerala entrepreneur. The findings will prove an essential reading to those who are engaged in training the entrepreneurs. It would be most useful for academicians, planners, bureaucrats, politicians and the various persons concerned in the development of SSI's and entrepreneurship. It is our hope that the book will provide a fresh stimulus for the researchers and scholars alike.
The authors use 1993-94 and 1999-2000 India Employment and Unemployment surveys to investigate wage differentials between the public and private sectors as well as workers' decisions to join a particular sector. To obtain robust estimates of the wage differential, they apply three econometric techniques each relying on a different set of assumptions about the process of job selection. All three methods show that differences in wages between public sector workers and workers in the formal-private and informal-casual sectors are positive and high. Estimates show that, on average, the public sector premium ranges between 62 percent and 102 percent over the private-formal sector, and between 164 percent and 259 percent over the informal-casual sector, depending on the choice of methodology.
In the developed economies two-thirds of GDP comes from the tertiary sector. The share of this sector in the less developed economies tends to be more than two-fifths. In spite of the vast and growing importance of this sector, there are few comprehensive studies in the field. This is particularly true of the Indian economy. The need for a comprehensive study is only too apparent, particularly in view of the grievances expressed in some quarters about the rapid growth of the sector. The book studies the significance of the growth of the tertiary sector from a general view point and then goes on to scan the major sub-sectors of this sector for the Indian economy, one by one. The study ends by taking a birds’ eye view of the development of the tertiary sector.