Structural Changes in Labour and Labour Productivity in the Organised Manufacturing Sector of Punjab

Abstract

The present study analyses the trends in productivity for the Punjab manufacturing for the period 1980-81 to 2004-05. To examine the impact of LPG on the manufacturing sector of Punjab, the entire period is dividing into two sub-periods. Period I is 1980-81 to 1991-92, which is pre-reform period, and period II is 1992-93 to 2004-05, which is the post-reform period. The study analyses the trends in output (value added), inputs (labour, capital), labour productivity, capital productivity and capital intensity for Punjab manufacturing sector at aggregate and disaggregate level and at two-digit level for the entire period 1980-81 to 2004-05 as well as for sub-periods, period-I and period-II.