Estimation of short term employment elasticity: an empirical analysis of indian manufacturing industries

Type Journal Article - Asian Journal of Management Science and Economics
Title Estimation of short term employment elasticity: an empirical analysis of indian manufacturing industries
Author(s)
Volume 2
Issue 1
Publication (Day/Month/Year) 2015
URL http://www.multidisciplinaryjournals.com/wp-content/uploads/2015/08/ESTIMATION-OF-SHORT-TERM-EMPLOYM​ENT-ELASTICITY-AN-EMPIRICAL-ANALYSIS-OF-INDIAN-MANUFACTURING-INDUSTRIES.pdf
Abstract
The present study is composed to investigate the employment elasticity with respect to
output, and wages and lagged employment for 2- digit Indian manufacturing Industries. The
data used in this study were collected from the period of 2000 to 2012. The multi- variable
regression analysis technique is used to identify the significant impact of selected
independent variables on dependent variable. The model for the study was estimated by using
the ordinary least square (OLS) technique. Finding of research reveal that employment
elasticity with respect to output, wages and lagged employment are positive but inelastic.

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