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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 |
Files in This Item:
File | Description | Size | Format | |
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Effectsof R&Dforeigntechnology.pdf Restricted Access | 711.53 kB | Adobe PDF | View/Open Request a copy |
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