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Arthshastra Indian Journal of Economics & Research

ISSN: 2278-1811 Frequency: Quarterly Peer Review: Double-blind Published since: 2012 Language: English
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An Economic Analysis of Production Industrial Co-Operatives in Tamil Nadu: The Stochastic Production Function Model

Open Access Original Article

An Economic Analysis of Production Industrial Co-Operatives in Tamil Nadu: The Stochastic Production Function Model

B. Gandhimathy1

1 Guest Lecturer, Department of Economics, Sri Sarada College for Women, Salem-636 016, Tamil Nadu

Volume 2
Issue 6
Pages 40–46
Year 2013
Received: July 15, 2013 Accepted: Nov. 11, 2013 Published: Dec. 1, 2013
Abstract

There are twenty types of Industrial Cooperatives (ICs) functioning all over Tamil Nadu under the category of Production ICs and Service ICs. They have been classified under different types of trades Tea ICs, Sago and Starch ICs, Match ICs, Leather ICs, Coal Coke ICs, Brick ICs, Metal ICs, Engineering ICs, Polythene ICs, Coir ICs, Auto ICs, Tailoring ICs, Estate ICs, Print ICs, Bank ICs, Labour ICs, Special ICs, and Handicrafts ICs. These societies use local resources as the raw material, employ local labourers Including skilled, unskilled, and women labourers. The study examines the trend of Industrial cooperative societies, the operational efficiency of the societies, and trade wise performance of the societies. The Input - Output relations were also analyzed. It was found from the analysis that societies will have a positive growth trend in the forthcoming years, but the reduction of workers in this sector Indicates the reduction of employment opportunities in the sector. It was also found that the distribution of societies is more in the profit-making units than in the loss incurring and dormant units.

Keywords Industrial Cooperatives Trend and Forecasting Method Operational Efficiency Per Unit Analysis Input-Output Relationship
How to Cite

B. Gandhimathy (2013). An Economic Analysis of Production Industrial Co-Operatives in Tamil Nadu: The Stochastic Production Function Model. Arthshastra Indian Journal of Economics & Research, 2(6), 40–46. https://doi.org/10.17010/aijer/2013/v2i6/54539

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