چکیده:
The study demonstrates the fact that the majority of the Indian manufacturing industries have decreased their real unit cost by the benefits of economies of learning and economies of scale during 1991 – 2001. The study also shows that high and low concentrated industries are equally enjoying benefits of economies of scale but high concentrated industries are enjoying more of the benefits of economies of learning as compared to low concentrated industries. The results support the hypothesis that high concentrated industries enjoy more cost advantage than low concentrated industries. The results also indicate that Indian firms must pay more attention to the benefits of economies of learning (dynamic economies of scale) to promote their competitiveness in domestic and international markets otherwise they may lose their market share in the markets.
خلاصه ماشینی:
"On the other hand to assess static dimension of cost advantage the most common model used empirically is Cobb Douglas cost function which may be written for each industry as follows: (3 - For more details refer to Dominick Salvatore, 2003, "Microeconomics theory and application" - For more details refer to Guido Fioretti 2007: The organizational learning curve, European Journal of Operational Research, 177, 1375-1384.
& (14 3- Empirical Results The model developed in the methodology is used in order to measure dynamic and static dimensions of cost advantage empirically in Indian manufacturing industries.
Table1: Selected industries for empirical examination Industry 1 Bicycles 2 Chemical Machinery 3 Paints & Varnishes 4 Passenger cars & Multi Utility Vehicles 5 Silk Textile 6 Sponge Iron 7 Steel Wire 8 Textile Machinery 9 Tobacco Products 10 Woolen Textile 11 Cement 12 Computer Software & Hardware 13 Drugs & Pharmaceuticals 14 Glass & Glassware 15 Plastic Products 16 Soya bean Products 17 Steel 18 Steel tubes & Pipes 19 Tea & Coffee 20 Textile Processing With respect to the classification and time period, we estimate the dynamic and static dimensions of cost advantage in high and low concentrated industries and also compare the importance of each dimension in the two groups of industries.
The significant difference between the impacts of dynamic economies of scale between these two groups of industries indicates that the high concentrated industries enjoy more cost advantage mainly because of dynamic impacts (not static impacts)."