Author Description

Coal Industry in West Bengal: A Historical Analysis of Production, Price, Wage, Employment and Investment, is a pioneering attempt which has determined the quantitative relationship between the parameters (i) production and price, (ii) employment and output, (iii) employment and wage, (iv) average productivity and real wage, (v) size of firms and average productivity, and (vi) size of firms and rate of profit, covering a wide range of data from 1901-1976 on production, employment, productivity, wages and prices of the Coal Industry in West Bengal. This book has examined the changes in wage-share from 1901 through 1976. The values of the parameters obtained through the fitting of Cobb-Doughlas production function and SMAC (ARROW-CHENERY-MINHAS-SULOW) function have also been reported here. This work determined the factors governing the investment and relationship between the production and investment in the Coal Industry of West Bengal.