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Economic Growth and Structural Change of Industrial Sector in Uttar Pradesh

575.00

Sandeep Kumar Baliyan

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Indian Journal of Economics and Development
Year : 2016, Volume : 12, Issue : 4
First page : ( 671) Last page : ( 678)
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.5958/2322-0430.2016.00190.6

Economic Growth and Structural Change of Industrial Sector in Uttar Pradesh

Baliyan Sandeep Kumar*
Giri Institute of Development Studies (GIDS), Lucknow-226024, India

*Corresponding author’s email: sonubaliyan@gmail.com

JEL Codes: O20, O32, O33, Q25, Q26, Q28

Online published on 12 December, 2016.

Abstract
In this paper, we examine the industrial growth and structure ratio at all Uttar Pradesh in the industrial sector. We have used the Annual Survey of Industry data from 1998–99 to 2012–13 on some of the major structural and technical parameters. To analysis the structural ratio at all state levels, variables like the number of factories, fixed capital, total number of workers, net value added, gross value added, total emolument and total output are used. To examine the industrial performance, structural ratio such as major variables, they are as follows; (i) what is the increase in the cost of creating one employment (FC/NE), (ii) what id the growth level in the productivity of employee and fixed capital (VA/NE and VA/FC), (iii) what is the increase in the wage of employee (EMO/NE), (iv) what is the change in the share of wages in value added (EMO/VA), (v) what is the ratio of fixed capital and output (FC/VO), (vi) what is the increase in average output of an employment (VO/NE). (vii) To the increase in labour cost per unit of output (EMO/VO) and (viii) what is the change in value added generating by one unit of output (VA/VO). Finally, all these are structural ratio explain the increasing production and growth of industrial sector.

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