Elasticity of Substitution & Returns to Scale in Indian Chemical Industry

Iyer, Chidambaran G (2011) Elasticity of Substitution & Returns to Scale in Indian Chemical Industry. The Indian Journal of Industrial Relations, 47 (1). pp. 36-42. ISSN 0019-5286

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Abstract: This paper examines whether there has been a change in the elasticity of substitution and returns to scale in the Indian Chemical industry due to the reforms introduced in 1991. The results reveal that reforms have helped the chemical industry in India adapt new technology which is more capital intensive. As a result, the elasticity of substitution as well as the returns to scale has changed in the post-reforms period from those in the pre-reforms period.
Item Type: Journal Paper
Additional Information: Copyright belongs to the Publisher
Subjects: School of Social Sciences > Economics
Divisions: Schools > Social Sciences
Date Deposited: 19 Sep 2011 10:28
Last Modified: 27 Oct 2015 05:54
Official URL: http://www.publishingindia.com
Related URLs:
    Funders: UNSPECIFIED
    Projects: UNSPECIFIED
    URI: http://eprints.nias.res.in/id/eprint/215

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