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Selected Works of Deepankar Basu
Article
Profitability in India’s Organized Manufacturing Sector: The Role of Technology, Distribution and Demand
Cambridge Journal of Economic (2017)
  • Deepankar Basu
  • Debarshi Das
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Abstract
Using aggregate data from the Annual Survey of Industries, we analyze profitability in India’s organized manufacturing sector from 1982–83 to 2012–13. Over the whole period of analysis, the rate of profit grew at about 1% per annum, primarily driven by a rising share of profits. We use visual inspection to identify five shorter-run profitability regimes: 1982–91, 1991–96, 1996–2001, 2001–07 and 2007–12. Profit rate decomposition analysis shows that both technological factors and aggregate demand have been important determinants of changes in profitability in these shorter periods.
Keywords
  • Organized manufacturing,
  • India,
  • Profitability,
  • Technology and distribution
Disciplines
Publication Date
April, 2017
DOI
https://doi.org/10.1093/cje/bew068
Citation Information
Deepankar Basu and Debarshi Das. "Profitability in India’s Organized Manufacturing Sector: The Role of Technology, Distribution and Demand" Cambridge Journal of Economic (2017)
Available at: http://works.bepress.com/deepankar_dasu/28/