Role of Ownership and Organisational Forms in Labour Market Outcomes: An Exploratory Analysis

The debate about explaining trends in employment and wages in the organised manufacturing sector in India is generally woven around changes in economic environment and policies towards labour market functioning. Several other factors such as organisation, ownership and size of units have not attracted enough attention so far. This paper argues that organisational and ownership patterns are important for any study on the trends in employment generation and level of emoluments. It empirically explains whether any significant difference exists in terms of growth in employment, real wages, labour productivity etc. among public sector and private sector units on the one hand and between unincorporated and corporate units on the other. The results of this study reveals considerable differences across ownership and organisational categories in terms of size, technology and vertical integration and the way they reflected in rates of growth in employment and average emoluments.