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SETAK PALAK
Berhampur University,Odisha
Corresponding Author
ORCiD: https://orcid.org/0000-0003-0772-8216
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This paper analyses the phenomenon of growth in India through the lens of employment elasticity. Investigative results are imitative for decompositions of both the level and change of combined employment elasticity in terms of sectoral elasticities, relative development and employment shares. Estimates of these decompositions are presented with employment and output data from related sources for both economies. In India, MSME sector was the key determinant of both the level and change of aggregate elasticity. In India, service is the most important determinant of the level, but manufacturing remains an important driver of changes in aggregate employment elasticity. The core objective of the present paper remains to analyse the growth and elasticity output relationship in this sector, so the study contains the productivity analysis of the MSME sector in India. This will unleash the role of the various inputs and output in production here. Extended Cobb Douglas Production Function has been utilised on the secondary, cross section data of MSMEs of India. Different variables like employment, Number of working enterprises, input, output and capital are selected to analyze their effects of MSMEs.
Keywords
Employment, Output, Elasticity
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This is a preprint, a preliminary version of a manuscript that has not completed peer review at a journal. Research Square does not conduct peer review prior to posting preprints. The posting of a preprint on this server should not be interpreted as an endorsement of its validity or suitability for dissemination as established information or for guiding clinical practice.
Research
SETAK PALAK
Berhampur University,Odisha
Corresponding Author
ORCiD: https://orcid.org/0000-0003-0772-8216
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History
CURRENT STATUS: Posted
The most recent version of this article is available here.
No community comments so far
Version 1
Posted 23 Jun, 2020
No comments provided
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Comments: 0
PDF Downloads: ...
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Subject Areas
Entrepreneurship
License:
This work is licensed under a CC BY 4.0 License. Read Full License
The most recent version of this article is available here.
This paper analyses the phenomenon of growth in India through the lens of employment elasticity. Investigative results are imitative for decompositions of both the level and change of combined employment elasticity in terms of sectoral elasticities, relative development and employment shares. Estimates of these decompositions are presented with employment and output data from related sources for both economies. In India, MSME sector was the key determinant of both the level and change of aggregate elasticity. In India, service is the most important determinant of the level, but manufacturing remains an important driver of changes in aggregate employment elasticity. The core objective of the present paper remains to analyse the growth and elasticity output relationship in this sector, so the study contains the productivity analysis of the MSME sector in India. This will unleash the role of the various inputs and output in production here. Extended Cobb Douglas Production Function has been utilised on the secondary, cross section data of MSMEs of India. Different variables like employment, Number of working enterprises, input, output and capital are selected to analyze their effects of MSMEs.
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