期刊名称：Discussion Paper Series / Department of Economics, Monash University
出版年度：2008
卷号：1
出版社：Monash University
摘要：Indian economic reform since early 1990s aims at improving productivity and
competitiveness of major industries. The paper examines spillovers from foreign direct
investment (FDI), research and development (R&D) and exporting activities on
productivity both for foreign and domestic manufacturing firms. The data is obtained from
the PROWESS database provided by the Centre for Monitoring Indian Economy (CMIE).
Balanced panel of over 1,000 manufacturing firms in India between 1994 and 2006 are
considered for our empirical analysis. Findings indicate that foreign presence has a
significant spillover effect on the productivity of the Indian manufacturing firms compared
to the alternative spillovers such as from R&D and export initiatives.
关键词：Productivity, Spillovers, Indian manufacturing, FDI.
