Cart-Efficiency of Small Manufacturing Enterprises-Implications for Employment Policy

Cart-Efficiency of Small Manufacturing Enterprises Implications for Employment Policy Anuradha Seth An analysis of the relative cost-efficiency of small manufacturing firms for three industries shows that small firms on average are not profitable units of production and have higher costs compared to larger firms. This article elaborates a framework to examine the cost-efficiency of small firms and analyses data for a sample of small and large firms in three industries: diesel engines, leather footwear and PVC pipes.