Working Paper Number
We use a state-level panel data set for the period 1969-2005 to analyze the relative importance of profitability (rate of profit) and industrial disputes (man-days lost to all industrial disputes per worker) in explaining cross-state variations of manufacturing sector performance in India. Using three different measures of manufacturing performance – net value added, investment and employment – we find that profitability is more significant than industrial disputes in explaining the variation of manufacturing sector performance across Indian states.
UMass Amherst Open Access Policy
Karak, Anirban and Basu, Deepankar, "Profitability or Industrial Relations: What Explains Manufacturing Performance Across Indian States?" (2017). Economics Department Working Paper Series. 217.