180
Views
3
CrossRef citations to date
0
Altmetric
Original Articles

Technology and spillovers: evidence from Indian manufacturing microdata

Pages 1271-1287 | Published online: 27 Aug 2009

References

  • Acs , ZJ and Szerb , L . 2007 . Entrepreneurship, economic growth and public policy . Small Business Economics , 28 : 109 – 22 .
  • Adamou , A and Sasidharan , S . 2007 . The impact of R&D and FDI on firm growth in emerging-developing countries: evidence from Indian manufacturing industries Working Paper Series, Available at SSRN
  • Aghion , P and Howitt , P . 1992 . A model of growth through creative destruction . Econometrica , 60 : 323 – 51 .
  • Ahluwalia , MS . 1999 . “ India's economic reforms: an appraisal ” . In India in the Era of Economic Reforms , Edited by: Sachs , JD , Varshney , A and Bajpai , N . New Delhi : Oxford University Press .
  • Annual Survey of Industries (ASI) (2006) www.indiastat.com
  • Arellano , M and Bond , SR . 1991 . Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations . Review of Economic Studies , 58 : 277 – 97 .
  • Audretsch , DB , Keilbach , MC and Lehmann , EE . 2006 . Entrepreneurship and Economic Growth , New York : Oxford University Press .
  • Balakrishnan , P and Babu , MS . 2003 . Growth and distribution in Indian industry in the nineties . Economic and Political Weekly , 38 September 20–September 26 : 3997 – 4005 .
  • Baltagi , BH and Wu , PX . 1999 . Unequally spaced panel data regressions with AR(1) disturbances . Econometric Theory , 15 : 814 – 23 .
  • Basant , R and Fikkert , B . 1996 . The effects of R&D, foreign technology purchase, and domestic and international spillovers on productivity in Indian firms . Review of Economics and Statistics , 78 : 187 – 200 .
  • Blundell , R and Bond , SR . 1998 . Initial conditions and moment restrictions in dynamic panel data models . Journal of Econometrics , 87 : 115 – 43 .
  • Blundell , R and Bond , SR . 2000 . GMM estimation with persistent panel data: an application to production functions . Econometric Reviews , 19 : 321 – 40 .
  • Bregman , A , Fuss , M and Regev , H . 1991 . High tech and productivity: evidence from Israeli industrial firms . European Economic Review , 35 : 1199 – 221 .
  • Chandra , P and Sastry , T . 2002 . Competitiveness of Indian manufacturing: findings of the 2001 National Manufacturing Survey Indian Institute of Management, Ahmedabad. Available at http://www.iimahd.ernet.in/publications/data/2002-09-04PankajChandra.pdf
  • Chen , J-R and Yang , C-H . 2005 . Technological knowledge, spillover and productivity: evidence from Taiwanese firm level panel data . Applied Economics , 37 : 2361 – 71 .
  • Dobbelaere , S and Mairesse , J . 2007 . Panel data estimates of the production function and product and labour market imperfections National Bureau of Economic Research, Working Paper No. 13975
  • Government of India (various years) National Accounts Statistics, Central Statistical Organization CSO, Ministry of Statistics and Programme Implementation. Available at http://www.mospi.gov.in/
  • Government of India (1989) Sources and methods, chapter 22: capital stock and consumption of fixed capital, Central Statistical Organization, Ministry of Statistics and Programme Implementation. Available at http://www.mospi.gov.in/mospi_cso_rept_pubn.htm
  • Government of India (1998) Input Output Transactions Table 1998–99, Central Statistical Organization, Ministry of Statistics and Programme Imple-mentation. Available at http://www.mospi.gov.in/mospi_cso_rept_pubn.htm
  • Government of India (2000) Wholesale price index (WPI) data (1993–94 = 100), Office of the Economic Adviser, Ministry of Commerce and Industry. Available at http://eaindustry.nic.in/
  • Government of India (2001) Guidelines for approval of R&D Companies under Section 80-1B (8A) of the Income Tax Act, 1961, Department of Revenue. Ministry of Finance. Available at http://incometaxindia.gov.in/Acts/INCOME%20TAX%20ACT/80ib.asp
  • Government of India (2006) Trend in number of reporting factories, employment, absenteeism and labour turnover, average labour cost and average wages/salaries of employees Labour Bureau, Ministry of Labour. Available at http://labourbureau.nic.in/asitab%20new%20sep06.htm
  • Government of India (2007) Foreign Trade Policy, Department of Commerce Ministry of Commerce and Industry. Available at http://dgft.delhi.nic.in/
  • Greenwood , J , Hercovitz , Z and Krussell , P . 1997 . Long-run implications of investment-specific technological change . American Economic Review , 87 : 342 – 62 .
  • Greiner , A and Semmler , W . 2002 . Externalities of investment, education and economic growth . Economic Modeling , 19 : 709 – 24 .
  • Griffith , R , Redding , S and van Reenen , J . 2003 . R&D and absorptive technology: theory and empirical evidence . Scandinavian Journal of Economics , 105 : 99 – 118 .
  • Griliches , Z . 1979 . Issues in assessing the contribution of research and development to productivity growth . The Bell Journal of Economics , 10 : 92 – 116 .
  • Grossman , GM and Helpman , E . 1994 . Endogenous innovation in the theory of growth . The Journal of Economic Perspectives , 8 : 23 – 44 .
  • Haksar , V . 1995 . Externalities growth and technology transfer: applications to the Indian manufacturing Sector, 1975-1990, Cornell University. Ph.D Thesis
  • Hasan , R . 2002 . The impact of imported and domestic technologies on the productivity of firms: panel data evidence from Indian manufacturing firms . Journal of Development Economics , 69 : 23 – 49 .
  • Hulten , CR . 1992 . Growth accounting when technical change is embodied in capital . American Economic Review , 82 : 964 – 80 .
  • Im , KS , Pesaran , HM and Shin , Y . 2003 . Testing for unit roots in heterogeneous panels . Journal of Econometrics , 115 : 53 – 74 .
  • Kalirajan , K and Bhide , S . 2005 . The post-reform performance of the manufacturing sector in India . Asian Economic Papers , 3 : 126 – 57 .
  • Kathuria , V . 2001 . Foreign firms, technology transfer and knowledge spillovers to Indian manufacturing firms: a stochastic frontier analysis . Applied Economics , 33 : 625 – 42 .
  • King , MA and Robson , MH . 1993 . A dynamic model of investment and endogenous growth . Scandinavian Journal of Economics , 95 : 445 – 66 .
  • Kumar , N and Aggarwal , A . 2005 . Liberalization, outward orientation and in-house R&D activity of multinational and local firms: a quantitative exploration for Indian manufacturing . Research Policy , 34 : 441 – 60 .
  • Kumar , R and Gupta , AS . 2008 . Towards a competitive manufacturing sector Indian Council for Research on International Economic Relations ICRIER, Working Paper No. 203. Available at http://www.icrier.org/publication/WORKING%20PAPER%20203.pdf
  • Lall , SV and Rodrigo , GC . 2000 . Perspectives on the sources of heterogeneity in Indian industry Development Research Group, World Bank, Policy Research Working Paper No. 2496. Available at SSRN
  • Lee , G . 2005 . Knowledge spillover effects from multinational corporations in the Korean information technology industries . Bank of Korea Economic Papers , 8 : 161 – 74 .
  • Levinsohn , J and Petrin , A . 2003 . Estimating production functions using inputs to control for unobservables . Review of Economic Studies , 70 : 317 – 41 .
  • Los , B and Verspagen , B . 2000 . R&D spillovers and productivity: evidence from US manufacturing micro-data . Empirical Economics , 25 : 127 – 48 .
  • Maddala , GS and Wu , S . 1999 . A comparative study of unit root tests with panel data and a new simple test . Oxford Bulletin of Economics and Statistics , 61 : 631 – 52 .
  • Mairesse , J and Hall , BH . 1996 . “ Estimating the productivity of research and development in French and US manufacturing frims: an exploration of simultaneity issues with GMM methods ” . In International Productivity Differences and Their Explanations , Edited by: Wagner , K and Ark , BV . 285 – 315 . Amsterdam : Elsevier Science .
  • Medda , G , Piga , C and Siegel , DS . 2006 . Assessing the returns to collaborative research: firm-level evidence from Italy . Economics of Innovation and New Technology , 15 : 37 – 50 .
  • Nadiri , MI . 1993 . Innovations and technological spillovers Working Paper No. 4423, National Bureau of Economic Research
  • Nelson , RR . 1964 . Aggregate production functions and medium range growth projections . American Economic Review , 54 : 575 – 606 .
  • Olley , SG and Pakes , A . 1996 . The dynamics of productivity in the telecommunications equipment industry . Econometrica , 64 : 1263 – 97 .
  • Panagariya , A . 2007 . Why India lags behind China and how it can bridge the gap . World Economy , 30 : 229 – 48 .
  • Prescott , EC . 1998 . Needed: a theory of total factor productivity . International Economic Review , 39 : 525 – 51 .
  • Prescott , EC and Boyd , JH . 1987 . Dynamic coalitions: engines of growth . American Economic Review , 77 : 63 – 7 .
  • Raut , LK . 1995 . R&D spillover and productivity growth: evidence from Indian private firms . Journal of Development Economics , 48 : 1 – 23 .
  • Romer , PM . 1986 . Increasing returns and long-run growth . Journal of Political Economy , 94 : 1002 – 37 .
  • Romer , PM . 1990 . Endogenous technological change . Journal of Political Economy , 98 : 71 – 102 .
  • Sakellaris , P and Wilson , DJ . 2004 . Quantifying embodied technological change . Review of Economic Dynamics , 7 : 1 – 26 .
  • Sen , K . 2002 . Trade policy, equipment investment and growth in India . Oxford Development Studies , 30 : 317 – 31 .
  • Shaw , GK . 1992 . Policy implications of endogenous growth theory . The Economic Journal , 102 : 611 – 21 .
  • Solow , RM . 1960 . “ Investment and technical progress ” . In Mathematical Methods in the Social Sciences , Edited by: Arrow , KJ , Karlin , S and Suppes , P . 89 – 104 . Stanford : Stanford University Press .
  • Terleckyj , NN . 1974 . Effects of R&D on the Productivity Growth of Industries: an Exploratory Study , Washington, DC : National Planning Association .
  • Veeramani , C . 2004 . Growing intra-industry trade in manufacturing . Economic and Political Weekly , 39 October 09–October 15
  • Wieser , R . 2005 . Research and development productivity and spillovers: empirical evidence at the firm level . Journal of Economic Surveys , 19 : 587 – 621 .
  • Wooldridge , JM . 2002 . Econometric Analysis of Cross Section and Panel Data , Cambridge, MA : MIT Press .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.