Wage Productivity Gap and Labour Market Flexibility: A Study based on Indian Manufacturing Industries during 1973-2020
Abstrak
The present study is an attempt to analyse and assess the wage-productivity gap in the Indian manufacturing industries during the last few decades along with a focus on labour market flexibility in recent time. We carry out the study at the All-India level using the available ASI database for the period 1973-2020. The basic objective of the study is two-fold: (a) to assess the wage productivity gap in Indian manufacturing industry based on secondary data available from Annual Survey of Industries (ASI) and (b) to see whether the labour market flexibility at the same time period has any mutual association with the wage productivity gap in Indian manufacturing industry. We measured the wage-productivity gap at the 3-digit level of the NIC classification of industry groups by regrouping them into divisions of industries. We have tried to relate the wage productivity gap in terms of labour share with the ongoing effort for labour market flexibility in India since 1991.
Topik & Kata Kunci
Penulis (2)
Byasdeb Dasgupta
Dip Dutta
Akses Cepat
- Tahun Terbit
- 2025
- Sumber Database
- DOAJ
- DOI
- 10.30958/ajbe.11-3-5
- Akses
- Open Access ✓