Title: RELATION BETWEEN REAL LABOR PRODUCTIVITY AND WAGE
SHARE IN INDIA’S ORGANIZED MANUFACTURING SECTOR
Authors: Nancy Yadav
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Nancy Yadav
PhD Student, Jawaharlal Nehru University, New Delhi
MLA 8 Yadav, Nancy. "RELATION BETWEEN REAL LABOR PRODUCTIVITY AND WAGE SHARE IN INDIA’S ORGANIZED MANUFACTURING SECTOR." Int. j. of Social Science and Economic Research, vol. 8, no. 11, Nov. 2023, pp. 3703-3713, doi.org/10.46609/IJSSER.2023.v08i11.026. Accessed Nov. 2023.
APA 6 Yadav, N. (2023, November). RELATION BETWEEN REAL LABOR PRODUCTIVITY AND WAGE SHARE IN INDIA’S ORGANIZED MANUFACTURING SECTOR. Int. j. of Social Science and Economic Research, 8(11), 3703-3713. Retrieved from https://doi.org/10.46609/IJSSER.2023.v08i11.026
Chicago Yadav, Nancy. "RELATION BETWEEN REAL LABOR PRODUCTIVITY AND WAGE SHARE IN INDIA’S ORGANIZED MANUFACTURING SECTOR." Int. j. of Social Science and Economic Research 8, no. 11 (November 2023), 3703-3713. Accessed November, 2023. https://doi.org/10.46609/IJSSER.2023.v08i11.026.
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ABSTRACT: This paper examines the link between wage share in net value added and real labor productivity
in India’s organized manufacturing sector. The empirical results suggest that increase in real
labor productivity almost leads to one for one decline in wage share, which implies that gains of
real labor productivity gains are not accruing to laborers, instead entire gains of labor
productivity increase is being captured by profit earners and it is being manifested in
continuously rising profit shares. The data from Annual Survey of Industries (1981-82 to 2013-
14) suggests that overtime there has been a decline in share of wages in net value added, which is
matched by a corresponding increase in profit share, this regressive distribution of income has
profound implications for the growth of manufacturing sector itself.
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