GROWTH AND PRODUCTIVITY ANALYSIS OF WOOD & WOODEN PRODUCTS INDUSTRY OF PUNJAB

§ Punjab University Punjab University

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GROWTH AND PRODUCTIVITY ANALYSIS OF WOOD & WOODEN  PRODUCTS  INDUSTRY OF PUNJAB

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Abstract

In the fast changing liberalized global environment where growth and productivity have emerged as the important agents of growth and development, present study is an effort to investigate growth pattern and productivity trends of small scale wood and wooden products industry in Punjab. The growth of industry has been measured in terms of four variables namely: number of units, fixed investment, direct employment and production. Yearly growth rates have been computed to mirror year to-year fluctuations in growth and compound annual growth rates (CAGRs) have been worked out to find the impact of the policies of liberalized regime on growth of this industry. Productivity trends have been sketched in terms of capital intensity, capital output ratio and partial factor productivities. The study observed that the liberalization has encouraged mechanization and technological up gradation in the wood and wooden products industry in Punjab. The policies of liberalized regime have resulted in lower COR and enhancement of factor productivities but at the expense of employment generation.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Gulshan Kumar. 1970. "GROWTH AND PRODUCTIVITY ANALYSIS OF WOOD & WOODEN PRODUCTS INDUSTRY OF PUNJAB". Global Journal of Human-Social Science - B: Geography, Environmental Science & Disaster Management GJHSS-B Volume 11 (GJHSS Volume 11 Issue B2).

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords
Classification
FOR Code 050301
050204
050209
Version of record

v1.2

Language
English
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GROWTH AND PRODUCTIVITY ANALYSIS OF WOOD & WOODEN PRODUCTS INDUSTRY OF PUNJAB

Dr. Kumar
Dr. Kumar Punjab University