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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.
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).
Crossref Journal DOI 10.17406/GJHSS
Print ISSN 0975-587X
e-ISSN 2249-460X
v1.2
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Total Score: 106
Country: India
Subject: Global Journal of Human-Social Science
Authors: Dr. Gulshan Kumar (PhD/Dr. count: 1)
View Count (all-time): 155
Total Views (Real + Logic): 3878
Total Downloads (simulated): 157
Publish Date: 2011 02, Wed
Monthly Totals (Real + Logic):
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