An Analysis of Growth and Association between Labour Productivity and Wages in Indian Textile Industry

2018 ◽  
Vol 43 (1-2) ◽  
pp. 78-87 ◽  
Author(s):  
Vanita Ahlawat ◽  
Renu
Keyword(s):  
Real Wage ◽  
Wage Rate ◽  
Textile Industry ◽  
Labour Productivity ◽  
Value Added ◽  
Gender Disparity ◽  
Wage Determination ◽  
Textile Manufacturing ◽  
Wage Rates ◽  
The Impact

India is one of the largest textile producers in the world. Textile industry is huge employment-providing industry after agriculture in India. The present article is an attempt to analyse first, the growth and composition of employees engaged in textile industry in India. Second, to find the growth and relation between employments, man-days employed, wages and net value added (NVA) by textile industry in India. And lastly, the impact of labour productivity in wage determination is also analysed. The results suggested that there is huge gender disparity in employment, that is, women are very few in comparison to men workers. Overall employment in textile has an increasing trend among both categories of textile industry. Further, spinning, weaving and finishing of textile manufacturing is growing faster than manufacturing of other textiles. Employment in textile industry has a positive and significant correlation with real wage rates in both categories of industries. This indicates that increase in real wage rate causes enhancement in employment in textile manufacturing. And further results suggest that labour productivity is a significant determinant of wage rate of textile employees.

MGNREGA Implementation in Tamil Nadu: Voices from the fields

2021 ◽  
Vol 15 (1) ◽  
pp. 128-137
Author(s):  
Sarabjeet D. Natesan ◽  
Rahul R. Marathe
Keyword(s):  
Field Study ◽  
Tamil Nadu ◽  
Labour Productivity ◽  
Wage Determination ◽  
Mahatma Gandhi ◽  
Rural Employment ◽  
Wage Rates ◽  
Employment Guarantee

This article examines the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in two districts of Tamil Nadu—Panchetti and Salem. It describes the functioning of the Act based on a preliminary field study and documents the views of implementers and beneficiaries. This analysis reiterates that the implementation should drive policy and that the evaluation lessons need to filter back to the design of the policy. More specifically, MGNREGA requirements can be improved on two counts: one, wage determination and wage rates; and two, evolving better techniques to measure labour productivity.

THE IMPACT OF THE CHINESE TEXTILE IMPORTS ON EMPLOYMENT AND VALUE ADDED IN THE TEXTILE INDUSTRY OF THE SOUTH AFRICAN ECONOMY

2019 ◽  
Vol 19 (02) ◽  
pp. 1950008
Author(s):  
LUMENGO BONGA-BONGA ◽  
MDUDUZI BIYASE
Keyword(s):  
South African ◽  
Textile Industry ◽  
Value Added ◽  
Counterfactual Analysis ◽  
The South ◽  
Total Employment ◽  
Vector Autoregressive ◽  
The Impact ◽  
The Empirical Analysis ◽  
Sign Restriction

With the increased trade linkage between China and African economies, this paper endeavours to assess the dynamic impacts of Chinese textile imports on employment and value added in the South African textile industry. This paper makes use of the structural vector autoregressive (SVAR) methodology with sign restriction. Moreover, based on this methodology, this paper conducts a counterfactual analysis to uncover what would have happened to employment and value added trends in the South African textile industry in the absence of trade with China. The results of the empirical analysis show that total employment responds negatively to shocks to import from China. Moreover, the results of the counterfactual analysis show that the South African economy could perform better without textile imports from China.

The impact of labour productivity on wages in Bulgaria, 2000-2017

SEER ◽  
2019 ◽  
Vol 22 (2) ◽  
pp. 217-224
Author(s):  
Lyuboslav Kostov
Keyword(s):  
Econometric Model ◽  
Labour Productivity ◽  
Value Added ◽  
Decisive Role ◽  
Technological Advance ◽  
Future Research ◽  
Gross Value Added ◽  
Starting Point ◽  
The Impact ◽  
Main Factor

In the post-crisis period, the traditional relationship between labour productivity and wages has been called increasingly into question as a result of recent changes in the labour-capital ratio. There is a growing public debate on this issue, but the available literature within Bulgaria has not, up to now, examined the link directly. This article reports the findings of a new study, specifically from the starting point that labour productivity is not a main factor in the dynamics of average wages in Bulgaria in the period 2000-2017. Through an econometric model, the author concludes that the impact of gross value added in terms of the change in average wages in Bulgaria has diminished as a result of the crisis; and that the dynamics of gross value added per employee do not play a decisive role in explaining the dynamics of average wages. The author points to the significance of this finding for future research, adding also that, at a time again of technological advance, innovation is likely to be one factor which further distorts classical understanding of the interdependence of labour productivity and wages.

scholarly journals The impact of domestic portfolio diversification strategies in Toronto stock exchange on Canadian textile manufacturing industry

2020 ◽  
Vol 71 (03) ◽  
pp. 215-222
Author(s):  
ABDULLAH EJAZ ◽  
RAMONA BIRAU ◽  
CRISTI SPULBAR ◽  
RAMONA BUDA ◽  
ANDREI COSMIN TENEA
Keyword(s):  
Textile Industry ◽  
Manufacturing Industry ◽  
Global Financial Crisis ◽  
Stock Exchange ◽  
Correlation Coefficients ◽  
Portfolio Diversification ◽  
Toronto Stock Exchange ◽  
Textile Manufacturing ◽  
Diversification Strategies ◽  
The Impact

The aim of this research study is to examine the impact of domestic portfolio diversification strategies in Toronto Stock Exchange (TSX) on Canadian textile manufacturing industry in order to obtain attractive investment opportunities. Dissipation of benefits of globally diversified portfolios due to overwhelming convergence among the international and regional stock markets around the globe have given rebirth to the idea of domestic portfolio diversification particularly after the global financial crisis of 2008. Textile industry in Canada is challenging but can achieve higher performance based on Toronto Stock Exchange behavior. Therefore, this is a complex applied research focused on investigating TSX as standalone stock market for domestic diversification opportunities. For this purpose, correlation coefficients, pairwise cointegration, multiple cointegration and causality of sectors in TSX have been examined. The empirical results show that majority of the sectors in TSX do not share high correlation with each other and they are also not highly cointegrated. These empirical findings indicate that TSX presents attractive opportunities for domestic portfolio diversification.

scholarly journals ANALYSIS OF THE IMPACT OF MACROECONOMIC POLICIES ON TEXTILE INDUSTRY AND ITS PRODUCTS IN INDONESIA

2011 ◽  
Vol 13 (4) ◽  
pp. 357-390 ◽  
Author(s):  
Iwan Hermawan
Keyword(s):  
Exchange Rate ◽  
Open Economy ◽  
Wage Rate ◽  
Textile Industry ◽  
World Market ◽  
World Cotton ◽  
Macroeconomic Policies ◽  
Factors Affecting ◽  
Cotton Price ◽  
The Impact

Textile and textile’s product play an important role in the Indonesian economy. During the last five years, however, share of these industries and commodities to gross domestic product tend to decrease. The objectives of this study are to analyze factors affecting Indonesian textile and textile’s product, and the prospect of Indonesian textile and textile’s product in the future. Results of the study show that domestic textile production was affected by world cotton price and wage rate, while the domestic garment production was affected by wage rate in the garment sector. Indonesia’s textile export to world market was influenced by domestic textile price, and Indonesia’s export garment was influenced by exchange rate (Rp/US$). Indonesian textile demand was affected by wage rate and domestic garment demand was affected by income per capita of Indonesia. In general, the prospect of Indonesian textile and textile’s product seems not too good. In fact, Indonesian textile and textile’s product had depended on high import cotton, investment, and exchange rate. So why, economy policies are still needed to accelerate Indonesian textile and textile’s product developmentJEL Classification: C53, E60, F43, and F4.Keywords: export, open economy, forecasting, simulation, textile and textile’s product.

scholarly journals The Impact of Deregulation on the Employment and Wages of Airline Mechanics

ILR Review ◽  
1986 ◽  
Vol 39 (4) ◽  
pp. 527-538 ◽  
Author(s):  
David Card
Keyword(s):  
Growth Rates ◽  
Real Wage ◽  
Airline Industry ◽  
Wage Differentials ◽  
Employment Growth ◽  
Local Service ◽  
Wage Rates ◽  
The Impact

This paper describes the effects of deregulation on negotiated wage rates and employment levels of aircraft mechanics in the scheduled airline industry between 1978 and 1984. A firm-by-firm analysis of the established trunk airlines shows relatively small changes in real wage rates since 1978, and only recent changes in interfirm wage differentials. Employment growth rates, however, have varied widely, both among the established trunk airlines and between them and the new-entrant and former local service airlines. The data suggest that deregulation shifted 5,000 to 7,000 maintenance jobs from the established trunks to the smaller airlines. The shift may have reduced average hourly earnings of mechanics in the industry by as much as 5 percent below the level they would have reached in the absence of deregulation.

scholarly journals Comparing Real Wage Rates

2012 ◽  
Vol 102 (2) ◽  
pp. 617-642 ◽  
Author(s):  
Orley Ashenfelter
Keyword(s):  
Great Recession ◽  
Real Wage ◽  
Wage Rate ◽  
Preliminary Analysis ◽  
Living Standards ◽  
Nominal Wage ◽  
Important Indicator ◽  
The Great Recession ◽  
Wage Rates ◽  
Real Wage Rate

A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual basis for such measures, provide some historical examples, and then provide my own preliminary analysis of a decade long project designed to measure the wages of workers doing the same job in over 60 countries—workers at McDonald's restaurants. The results demonstrate that the wage rates of workers using the same skills and doing the same jobs differ by as much as 10 to 1, and that these gaps declined over the period 2000–2007, but with much less progress since the Great Recession. (JEL C81, C82, D24, J31, N30, O57)

scholarly journals An Analysis on Minimization of Product Error (Poka-Yoke) and Excess Work in Progress (TPM & OEE) in Textile Industry

2020 ◽  
Vol 3 (9) ◽  
pp. 17-22
Author(s):  
J. Yashini
Keyword(s):  
Textile Industry ◽  
Manufacturing Industry ◽  
Rapid Change ◽  
Value Added ◽  
Present Condition ◽  
Human Errors ◽  
Manufacturing Defects ◽  
Textile Manufacturing ◽  
Work In Progress ◽  
Order Quantities

The rapid change in textile styles, deviation of order quantities and increasing quality levels at the lowest possible cut-rate, demand the textile manufacturing industry to be focused on more effective and efficient manufacturing processes for survival in an immensely competitive market. To increase the productivity of the textile industries we need to reduce the manufacturing defects and time to manufacture the product. Lean is the tool to reduce the wastage in all process of textile manufacturing, reducing cost and value added to the product. This paper proposes the lean tool like POKA-YOKE, DPMO, cause and effect diagram &OEE to reduce the overall product error and work-in-progress. Analysis covers the area of c poka - yoke which is any effort to eliminate human errors in the system. In short, Error=mistakes = defects. Therefore, the removal and control of errors eliminates defects. And specific section of sewing line was OEE is applied to investigate the existing condition of machine and provide recommendation to improve present condition in Classic Polo Textile industry to reduce work-in-progress.

Impact of intellectual capital on financial performance: evidence from the Bangladeshi textile sector

2018 ◽  
Vol 14 (4) ◽  
pp. 429-454 ◽  
Author(s):  
Leena Afroz Mostofa Chowdhury ◽  
Tarek Rana ◽  
Mahmuda Akter ◽  
Mahfuzul Hoque
Keyword(s):  
Financial Performance ◽  
Performance Management ◽  
Emerging Economies ◽  
Intellectual Capital ◽  
Textile Industry ◽  
Value Added ◽  
Annual Reports ◽  
Future Research ◽  
Content Type ◽  
The Impact

Purpose The purpose of this paper is to investigate the influence of intellectual capital (IC) on financial performance and, in turn, to provide insights into its impact on emerging economies. Design/methodology/approach Data were collected from 34 textile firms in Bangladesh between 2013 and 2017. The IC efficiency, through value-added intellectual coefficient (VAIC) model, and its impact on financial performance, through return on assets (ROA), return on equity and asset turnover (ATO), was examined using descriptive statistics and multiple regression techniques. The analysis is based on secondary data obtained from annual reports. Findings The results indicate the impact of VAIC components on financial performance and also demonstrate diverse relationships with changes in financial indicators. The VAIC components significantly influenced productivity outcomes, with tangible capital playing a major role in both productivity and profitability. Moreover, it was found that structural capital had a considerable effect on ATO and ROA with human capital indicating an insignificant impact on all financial performance indicators. Research limitations/implications The research outcome is specific to the textile industry in emerging economies. The study may guide future research on IC performance in textile firms and cross-industry comparisons. Practical implications Managers, firm owners and regulators need to align IC to performance management to sustain the competitive advantage in globalised competitive settings. Originality/value The study provides an empirical evidence and extends knowledge of IC utilisation for enhancing the financial performance of the textile firms in emerging economies.

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