Volume : III, Issue : V, May - 2013

Production Performance of Selected Indian Cement Companies

Dr. M. Sateeshnadha Reddy, Prof. V. Balakrishnama Naidu

Abstract :

The most widely used production function for empirical estimation purpose, the Cobb–Douglas production function has been used to measure the influence of the independent variables on the depend variable. It is concluded from the analysis that the coefficient of labour of five selected companies has registered positive growth whereas in the case of the remaining seven companies it registered negative growth. The Marginal Productivity of Capital (MPK) registered positive growth for ten companies out of twelve. The Marginal Productivity of Labour (MPL ) registered positive growth for only five companies out of twelve companies. The remaining seven companies registered negative growth implying that an increase of one unit of additional labour will decrease the overall output.

Keywords :

Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. M. Sateeshnadha Reddy, Prof. V. Balakrishnama Naidu Production Performance of Selected Indian Cement Companies Indian Journal of Applied Research, Vol.III, Issue.V May 2013

Number of Downloads : 540

References :