Access

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

If You Use a Screen Reader

This content is available through Read Online (Free) program, which relies on page scans. Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.

The Demand for Heterogeneous Capital and Labour Inputs in a Developing Economy

Prem S. Laumas and Martin Williams
The Pakistan Development Review
Vol. 25, No. 2 (Summer 1986), pp. 127-140
Stable URL: http://www.jstor.org/stable/41258753
Page Count: 14
  • Read Online (Free)
  • Subscribe ($19.50)
  • Cite this Item
Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
The Demand for Heterogeneous Capital and Labour Inputs in a Developing Economy
Preview not available

Abstract

By using translog cost function this paper examines the structure of production of India's manufacturing sector when heterogeneous labour and capital are employed. It concludes that (a) machinery, equipment and structures are substitutable for different types of labour; (b) non-production workers work more intensively with machines and equipment than production workers in most of the manufacturing industries; (c) non-production workers are substitutable for production workers; and (d) non-production and production workers must be treated as separate labour inputs in production, and machinery and equipment and structures should be treated as separate capital inputs.

Page Thumbnails

  • Thumbnail: Page 
[127]
    [127]
  • Thumbnail: Page 
128
    128
  • Thumbnail: Page 
129
    129
  • Thumbnail: Page 
130
    130
  • Thumbnail: Page 
131
    131
  • Thumbnail: Page 
132
    132
  • Thumbnail: Page 
133
    133
  • Thumbnail: Page 
134
    134
  • Thumbnail: Page 
135
    135
  • Thumbnail: Page 
136
    136
  • Thumbnail: Page 
137
    137
  • Thumbnail: Page 
138
    138
  • Thumbnail: Page 
139
    139
  • Thumbnail: Page 
140
    140