An Empirical Analysis of Total Factor Productivity in Food and Beverage Sector

By : Sheena Chhabra , Ravi Kiran

Page No: 121-126

Abstract
Food and beverages account for a substantial part of Indian consumption, over 30 per cent compared to other emerging markets. India’s food processing industry is ranked fifth in terms of production, consumption, export and expected growth. The total factor productivity has varied over a decade within the range of 0.8 to 0.96. TFP is positive depicting that the sector is a growing sector of the economy. While analysing the predictors of total factor productivity, the total emoluments have a positive significant association with total factor productivity.

Authors :
Sheena Chhabra : Research Scholar, School of Huminities and Social Sciences, Thapar University, Patiala.
Ravi Kiran : Professor and Former Head, School of Humanities and Social Sciences, and Professor in charge, Alumni Relations, Thapar University, Patiala,