Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/9359
Title: The effects of R & D foreign technology purchase and domestic and international spillovers on productivity in Indian firms
Authors: Basant, Rakesh
Fikkert, B.
Keywords: R & D;Productivity
Issue Date: 6-Oct-1996
Abstract: -Using panel data on Indian firms from 1974-75 to 1981-82, we provide estimates of the impact on output of Indian firms' R&D expenditures, their technology purchases, and international and domestic R&D spillovers. The private returns to technology purchases are estimated to be high and statistically significant, while the private returns to firms' own R&D expenditures are some- what lower and are often insignificant. There is evidence of both international and domestic R&D spillovers. The estimates permit estimation of total factor productivity growth in the period preceding India's industrial liberalization policies.
Description: The Review of Economics and Statistics, Vol. LXXVIII, No. 2, (May, 1996)
URI: http://hdl.handle.net/11718/9359
Appears in Collections:Journal Articles

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