ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Competition in Indian Manufacturing Industries

This paper devises an improved turnover index and applies it to examine the mobility of firms in the Indian manufacturing sector during the post-reform period. The new index is used to test the stability of size ranks and analyse the changes in the degree of mobility. The paper studies the change in size distributions of industries and their inter- and intra-class mobility, and tests for the relationship between the dynamic index of competition and the direction of mobility of firms among manufacturing industries.

O ne important expected outcome of reforms is an increase in competition and efficiency. While several studies have dealt with the efficiency aspect,1 there are not many studies on competition. The few studies that have emerged in this area have, however, dealt with the static aspects of competition. While static measures cannot be rejected outright it seems equally important to supplement them with dynamic aspects of competition as well.2 This is because competition is multidimensional in nature, and for a proper understanding of competition we need to have different kinds of evidence.3

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Or

To gain instant access to this article (download).


Pay
INR 59

(Readers in India)


Pay
$ 6

(Readers outside India)

Support Us

Your Support will ensure EPW’s financial viability and sustainability.

The EPW produces independent and public-spirited scholarship and analyses of contemporary affairs every week. EPW is one of the few publications that keep alive the spirit of intellectual inquiry in the Indian media.

Often described as a publication with a “social conscience,” EPW has never shied away from taking strong editorial positions. Our publication is free from political pressure, or commercial interests. Our editorial independence is our pride.

We rely on your support to continue the endeavour of highlighting the challenges faced by the disadvantaged, writings from the margins, and scholarship on the most pertinent issues that concern contemporary Indian society.

Every contribution is valuable for our future.