Abstract The purpose of this paper is to examine the role of key financial obligation factors on total factor productivity (TFP) for 34 Indian industries for the period 2008 2018 using qualitative and quantitative techniques. Financial obligations are measured by short- and long-term loans, operating expenses and liabilities. The outcome of qualitative techniques does not appear to support the hypothesis that short term and long-term loans, liabilities and operating expenses influence TFP. On the contrary, the evidences arise from quantitative technique appear to suggest that short term loan and operating expenses promote TFP. The study also suggests that complimentaries exist between operating expenses and short-term loan and they together appear to boost productivity.

中文翻译：

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更好地管理财务义务是否会提高生产率？

摘要本文旨在利用定性和定量技术研究印度2018年34个行业的主要金融义务因素对全要素生产率（TFP）的作用。财务义务以短期和长期贷款，经营费用和负债计量。定性技术的结果似乎不支持以下假设：短期和长期贷款，负债和运营费用会影响全要素生产率。相反，来自定量技术的证据似乎表明短期贷款和运营费用促进了全要素生产率。该研究还表明，运营支出和短期贷款之间存在互补关系，它们似乎共同提高了生产率。