सीधे मुख्य सामग्री पर जाएं

Resource saving growth and opportunities for human capital formation

By Arup Mitra*, Marie-Ange Véganzonès-Varoudakis**
A world-wide problem that has posed serious concern is relating to the lack of surge in total factor productivity growth. The countries which are able to sustain high rates of growth or low growth rates at very high levels of per capita income are following the resource intensive path which can have serious repercussions in terms of future availability of resources. Faster economic growth based on total factor productivity growth, on the other hand, implies resource saving approaches being followed. Innovations resulting in technological progress, and better utilisation of the new technology are the key to higher output growth relative to input growth, which is defined as total factor productivity growth (TFPG). In other words, with the same amounts of inputs the obtainability of higher returns is envisaged as TFPG.
The developed countries are not able to experience any major increase in TFPG, while the developing countries are neither able to innovate suitable technology nor utilise the imported technology optimally. The emerging economies are also at a loss though one would have expected a rapid TFPG coming from these countries with possibilities of a rapid expansion in trade. Better competitiveness is expected to result from higher TFPG.
What is the driver of TFPG or resource-saving economic growth? One class of literature argues that the only determinant of long-run rate of growth is technological development or technical progress since the rate of return on capital follows a diminishing pattern. Technical change has been considered as the result of learning-by-doing, where “doing” refers to the process of investment. The link between growth of knowledge and cumulative level of investment has been considered to model the rate of technical change which may contribute to resource saving growth. In this postulation investment is seen as causing changes in the environment which would stimulate learning. On the other hand, the other “knowledge-based” endogenous growth models refer to the imitation model. The imitation model involves costs in transferring knowledge which then contributes to positive long-run growth. Another “knowledge-based” endogenous growth theorist argued that the growth of technological progress of a firm can be a function of the level of resources devoted to research as well as the existing level of knowledge the firm has access to. 
A positive and strong relationship between R&D and the growth in total factor productivity has been noted in this regard. Further, in terms of technology diffusion and growth research noted that a firm with low research and development (R&D) expenditure can draw from the high-tech technology firm without incurring any substantial cost and therefore, the high-tech firms’ innovative efforts may explain other firm’s productivity growth. The channels of diffusion of spillovers which vary considerably may take the following form: intra- and inter-industry relationships, interdependence between public and private sector investment, supplier and purchaser connections, and geographical location, as well as domestic firms and firms in other countries links through international technology market trade and multinational entry. R&D activity is a channel for the diffusion of knowledge on innovative ideas from one firm to another and the increase in productivity growth can be translated to the market value of the firm.
Some of the empirical studies presented evidence to suggest infrastructure— physical, financial and social—as a major determinant of total factor productivity growth. Among the three components social infrastructure is the most important one with an emphasis on human capital (education and health). In fact, human capital investment plays a pivotal role in driving TFP growth. The positive effects of quality change in labour on TFPG due to higher educational level has also been noted for most countries. Many have argued in favour of ICT-led development based on the notion that investments in ICT can accelerate economic growth by enhancing worker productivity and increasing the returns to investment in other capital goods. Labour input can be subdivided into skilled, semi-skilled and unskilled, to measure the achievement of the knowledge-based economy (K-economy) through human capital involved in the sector and evidence shows that contribution of the ICT used in the sector was the highest among all the inputs.
Another strategy which has been deployed by countries to maximise growth is related to higher returns achieved by exploiting the agglomeration economies. Concentration of activities in large urban centres and indivisibilities in investments reduce the cost of operation for each enterprise, resulting in higher levels of productivity. Also, common objectives of firms compel them to cooperate and undertake joint investment for innovative activities. Part of the productivity growth can then be transferred to the workers in terms of higher wages. On the whole, in the globalised era countries have witnessed an increased scale of activities in the large cities as a means of catching up. Consequently, though convergence in growth might have taken place across countries, globalisation has resulted in inter-spatial divergence within a given country. The adversity associated with such divergence cannot be overlooked. Starting from regionalism and ethnic violence to groupism and communalism can be traced to some of this inter-spatial inequality which can threaten the future growth. What strategies must be adopted by countries to reduce the inter-spatial inequality in growth and development is a pertinent question.
Opportunities for human capital formation will have to be provided extensively. In the remote areas and small towns massive investment will have to be made to improve the employability of the work force. This will help create better avenues for growth and employment generation both. Even when people migrate from such areas to the large cities in search of jobs, they will be able to shift with better bargaining power. On the other hand, labour mobility with poor human capital formation only raises the excess supplies of unskilled labour, in the face of which wages remain stagnant. The beneficial effects of agglomeration economies get neutralised and need not be felt on all sections of the workforce, resulting in increased wage inequality and no improvement in living standards of those located at the lower echelons. Thus, even the large cities have been witnessing vast islands of poverty in the midst of prosperity.

*Professor, Institute of Economic Growth, Delhi; **Professor, CERDI, Université Clermont Auvergne (UCA) & CNRS, France

टिप्पणियाँ

ट्रेंडिंग

हिंदी आलोचना जैसे पिछड़ चुके अनुशासन की जगह हिंदी वैचारिकी का विकास जरूरी

- प्रमोद रंजन*   भारतीय राजनीति में सांप्रदायिक व प्रतिक्रियावादी ताकतों को सत्ता तक पहुंचाने में हिंदी पट्टी का सबसे बड़ा योगदान है। इसका मुख्य कारण हिंदी-पट्टी में कार्यरत समाजवादी व जनपक्षधर हिरावल दस्ते का विचारहीन, अनैतिक और  प्रतिक्रियावादी होते जाना है। अगर हम उपरोक्त बातों को स्वीकार करते हैं, तो कुछ रोचक निष्कर्ष निकलते हैं। हिंदी-जनता और उसके हिरावल दस्ते को विचारहीन और प्रतिक्रियावादी बनने से रोकने की मुख्य ज़िम्मेदारी किसकी थी?

ગુજરાતના સ્થાપના દિવસે યાદ કરીએ ભારતના વિશ્વપ્રસિદ્ધ ગુજરાતી પુરાતત્વવિદ્ ને

- ગૌરાંગ જાની*  આજે કોઈ ગુજરાતી એ કલ્પના પણ ન કરી શકે કે વર્ષ ૧૮૩૯ માં જૂનાગઢમાં જન્મેલા એક ગુજરાતી વિશ્વ પ્રસિદ્ધ બની શકે! પણ આપણે એ ગુજરાતીને કદાચ વિસરી ગયા છીએ જેમણે ગિરનારના અશોક શિલાલેખને દોઢસો વર્ષ પૂર્વે ઉકેલી આપ્યો.આ વિદ્વાન એટલે ભગવાનલાલ ઈન્દ્રજી. ૭ નવેમ્બર, ૧૮૩૯ ના દિવસે જૂનાગઢના પ્રશ્નોરા નાગર બ્રાહ્મણ પરિવારમાં તેમનો જન્મ થયો હતો. જૂનાગઢના એ સમયે અંગ્રેજી શિક્ષણની સગવડ ન હોવાને કારણે તેમને અંગ્રેજી ભાષાનું જ્ઞાન ન હતું પણ પાછળથી તેમણે ખપ પૂરતું અંગ્રેજી જાણી લીધું હતું.

Under Modi, democracy is regressing and economy is also growing slowly

By Avyaan Sharma*   India is "the largest democracy in the world", but now its democracy is regressing and its economy is also growing slowly. What has PM Modi's ten years in power brought us? Unemployment remains high. Joblessness is particularly high among India's youth - with those aged 15 to 29 making up a staggering 83% of all unemployed people in India, according to the "India Employment Report 2024", published last month by the International Labour Organisation (ILO) and the Institute of Human Development (IHD). The BJP-led government did not provide jobs to two crore youth in a year as was promised by Modi in the run up to the 2014 general elections.

नफरती बातें: मुसलमानों में असुरक्षा का भाव बढ़ रहा है, वे अपने मोहल्लों में सिमट रहे हैं

- राम पुनियानी*  भारत पर पिछले 10 सालों से हिन्दू राष्ट्रवादी भारतीय जनता पार्टी (भाजपा) राज कर रही है. भाजपा आरएसएस परिवार की सदस्य है और आरएसएस का लक्ष्य है हिन्दू राष्ट्र का निर्माण. आरएसएस से जुड़ी सैंकड़ों संस्थाएँ हैं. उसके लाखों, बल्कि शायद, करोड़ों स्वयंसेवक हैं. इसके अलावा कई हजार वरिष्ठ कार्यकर्ता हैं जिन्हें प्रचारक कहा जाता है. भाजपा के सत्ता में आने के बाद से आरएसएस दुगनी गति से हिन्दू राष्ट्र के निर्माण के अपने एजेण्डे को पूरा करने में जुट गया है. यदि भाजपा को चुनावों में लगातार सफलता हासिल हो रही है तो उसका कारण है देश में साम्प्रदायिकता और साम्प्रदायिक मुद्दों का बढ़ता बोलबाला. इनमें से कुछ हैं राम मंदिर, गौमांस और गोवध एवं लव जिहाद. 

Laxmanpur Bathe massacre: Perfect example of proto-fascist Brahmanical social order

By Harsh Thakor  The massacre at Laxmanpur-Bathe of Jehanabad in Bihar on the night of 1 December in 1997 was a landmark event with distinguishing features .The genocide rightly shook the conscience of the nation in the 50th year of Indian independence. The scale of the carnage was unparalleled in any caste massacre. It was a perfect manifestation of how in essence the so called neo-liberal state was in essence most autocratic. 

ભારતમાં જિસસ ક્રાઈસ્ટના દર્શન, ખ્રિસ્તી ધર્મના આગમનને કારણે સમાજ વ્યવસ્થામાં પરિવર્તન

- ઉત્તમ પરમાર  મારી કિશોર અવસ્થામાં કેટલાક ચિત્રો અને મૂર્તિઓએ હૃદયમાં એવું સ્થાન જમાવ્યું છે કે આજદિન પર્યંત  ઉત્તરોઉત્તર વિકસતું જ રહ્યું છે. પ્રેમ કરુણાના મૂર્તિમંત અવતાર  જિસસ ક્રાઈસ્ટને વધુસ્તંભે ચઢાવેલી મૂર્તિ  મારી કોઈપણ ધર્મ વિશેની સમજ નહોતી ત્યારથી મારા હૃદયમાં સ્થાપિત થયેલી છે. મારા ઘરની દિવાલ પર વધસ્તંભે ચઢેલા જીસસની પ્રતિમા જોઈને કોઈ મને પૂછી બેસતું કે તું ક્રિશ્ચન છે?

रैंकिंग: अधिकांश भारतीय विश्वविद्यालयों का स्तर बहुत गिरा, इस साल भी यह गिरवाट जारी

- प्रमोद रंजन*  अप्रैल, 2024 में भारतीय विश्वविद्यालयों की अंतर्राष्ट्रीय स्तर पर उच्च रैंकिंग की चर्चा रही। मीडिया ने इसका उत्सव मनाया। लेकिन स्थिति इसके विपरीत है। वैश्विक विश्वविद्यालय रैंकिग में अच्छा स्थान मिलने की खबरें, कुछ संस्थानों को इक्का-दुक्का विषयों में मिले रैंक के आधार पर चुनिंदा ढंग से प्रकाशित की गईं थीं। वास्तविकता यह है कि हाल के वर्षों में हमारे अधिकांश विश्वविद्यालयों का स्तर बहुत गिर गया है। इस साल भी यह गिरवाट जारी रही है।

नोएडा में मैन्युअल स्कैवेंजर्स की मौत: परिवारों को मुआवजा नहीं, प्राधिकरण ने एफआईआर नहीं की

- अरुण खोटे, संजीव कुमार*  गत एक सप्ताह में, उत्तर प्रदेश में सीवर/सेप्टि क टैंक सफाई कर्मियों की सफाई के दौरान सेप्टिक टैंक में मौत। 2 मई, 2024 को, लखनऊ के वज़ीरगजं क्षेत्र में एक सेवर लाइन की सफाई करते समय शोब्रान यादव, 56, और उनके पत्रु सशुील यादव, 28, घटुन से हुई मौत। एक और घटना 3 मई 2024 को नोएडा, सेक्टर 26 में एक घर में सेप्टि क टैंक को सफाई करते समय दो सफाई कर्मचर्मारी नूनी मडंल, 36 और कोकन मडंल जिसे तपन मडंल के नाम से जानते हैं, की मौत हो गई। ये सफाई कर्मचर्मारी बंगाल के मालदा जिले के निवासी थे और नोएडा सेक्टर 9 में रहते थे। कोकन मडंल अपनी पत्नी अनीता मडंल के साथ रहते थे। इनके तीन स्कूल जाने वाले बच्चे हैं जो बंगाल में रहते हैं। नूनी मडंल अपनी पत्नी लिलिका मडंल और अपने पत्रु सजुान के साथ किराए पर झग्गी में रहते थे। वे दैनिक मजदरूी और सफाई कर्मचर्मारी के रूप में काम करते थे।

प्राचीन भारत के लोकायत संप्रदाय ने कुछ परजीवियों की खूब खबर ली: प्रमुख प्रस्थापनायें

- राणा सिंह   भारत में परजीवियों का एक विशाल समूह है जो बोलता है कि “सब कुछ माया है”,  लेकिन व्यवहार में यह समूह सारी जिंदगी इसी “माया” के पीछे पागल रहता है।  प्राचीन भारत के लोकायत संप्रदाय ने इन परजीवियों की खूब खबर ली थी।

बिहार के ऐतिहासिक विक्रमशिला विश्वविद्यालय के खंडहरों की परिक्रमा का रोमांचक अवसर

- सुमन्त शरण  कुछ दिन पहले एक सुदूर ग्रामीण अंचल (पीरपैंती)  से तकरीबन डेढ़-दो घंटे की दूरी पर अवस्थित ऐतिहासिक बौद्ध विक्रमशिला विश्वविद्यालय (के अवशेषों) की परिक्रमा का अवसर मिला। विक्रमशीला विश्वविद्यालय की स्थापना पाल वंश के राजा धर्मपाल ने की थी। 8वीं शताब्दी से 12वीं शताब्दी के अंत तक यह विश्वविद्यालय भारत के प्रमुख शिक्षा केंद्रों में से एक हुआ करता था। कहा जाता है कि यह अपने कुछेक अत्यंत अनूठे नवाचार के चलते उस समय नालंदा विश्वविद्यालय का सबसे बड़ा प्रतिस्पर्धी था। हालांकि, मान्यता यह भी है कि अल्प अवधि के लिए दोनों विश्वविद्यालय के बीच शिक्षण एवं प्रबंधन के क्षेत्रों में घनिष्ठ पारस्परिक संबंध एवं शिक्षकों के आदान-प्रदान का सिलसिला भी रहा था। यह विश्वविद्यालय तंत्रशास्त्र की पढ़ाई के लिए सबसे ज्यादा विख्यात था। इस विषय का एक सबसे विख्यात छात्र अतीसा दीपनकरा था, जो बाद में तिब्बत जाकर बौद्ध हो गया। इसके प्रथम कुलपति ज्ञान अतिस थे।