Does rising energy prices lead to production fragmentation? An example from Indian manufacturing industries (Record no. 524194)

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Personal name Guha, Supratik
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Title Does rising energy prices lead to production fragmentation? An example from Indian manufacturing industries
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Place of publication, distribution, etc South Asia Economic Journal
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Extent 24(1), Mar, 2023: p.78-100
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Summary, etc How does the price of energy affect the extent of production fragmentation in India’s manufacturing industries? The prevailing literature has engaged with production fragmentation and trade in middle products for a long time, but the relationship between energy prices and production fragmentation is less understood. This article deals with firm-level panel data of India’s manufacturing industries between 2005 and 2018 to estimate the impact of rising energy prices on the outsourcing decisions/production organization of the manufacturing firms. The article also uses a number of covariates, including wages, welfare expenses, sales, profit after tax, dividend rate, foreign exchange earnings and an interaction term between energy prices and foreign exchange earnings. The empirical results of this article indicate that larger firms tend to outsource production in part to smaller firms in order to cope with rising energy prices and keep their profitability intact. Static and dynamic panel estimates with a variety of robustness analyses support the main conjectures. – Reproduced

https://journals.sagepub.com/doi/abs/10.1177/13915614231167724
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Main entry heading South Asia Economic Journal
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP INDUSTRIAL DEVELOPMENT
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2023-11-04 24(1), Mar, 2023: p.78-100 AR130073 2023-11-04 Articles

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