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Foreign exchange legislation transformation and enterprise demography in India

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  • Sumit Majumdar

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Suggested Citation

  • Sumit Majumdar, 2008. "Foreign exchange legislation transformation and enterprise demography in India," European Journal of Law and Economics, Springer, vol. 25(1), pages 39-56, February.
  • Handle: RePEc:kap:ejlwec:v:25:y:2008:i:1:p:39-56
    DOI: 10.1007/s10657-007-9037-3
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    References listed on IDEAS

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    1. Balasubramanyam, V N & Salisu, M & Sapsford, David, 1996. "Foreign Direct Investment and Growth in EP and IS Countries," Economic Journal, Royal Economic Society, vol. 106(434), pages 92-105, January.
    2. Vidya Mahambare & V. N. Balasubramanyam, 2005. "FDI in India," International Trade 0505007, University Library of Munich, Germany.
    3. Chandana Chakraborty & Parantap Basu, 2002. "Foreign direct investment and growth in India: a cointegration approach," Applied Economics, Taylor & Francis Journals, vol. 34(9), pages 1061-1073.
    4. North,Douglass C., 1991. "Institutions, Institutional Change and Economic Performance," Cambridge Books, Cambridge University Press, number 9780521394161, October.
    5. Douglass C. North, 1991. "Institutions," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 97-112, Winter.
    6. Subrata Gupta, 2005. "Multinationals and Foreign Direct Investment in India and China," International Economic Association Series, in: Edward M. Graham (ed.), Multinationals and Foreign Investment in Economic Development, chapter 10, pages 198-211, Palgrave Macmillan.
    7. H. E. Frech, 2002. "Corporate Demography and Empirical Industrial Organization: A Critical Appraisal," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(3), pages 437-448.
    8. Pradhan, Jaya Prakash, 2005. "Outward Foreign Direct Investment from India: Recent Trends and Patterns," MPRA Paper 12358, University Library of Munich, Germany.
    9. Nagesh Kumar & Jaya Prakash Pradhan, 2005. "Foreign Direct Investment, Externalities and Economic Growth in Developing Countries: Some Empirical Explorations," International Economic Association Series, in: Edward M. Graham (ed.), Multinationals and Foreign Investment in Economic Development, chapter 3, pages 42-84, Palgrave Macmillan.
    10. Majumdar, Sumit K., 1998. "Slack in the state-owned enterprise: An evaluation of the impact of soft-budget constraints," International Journal of Industrial Organization, Elsevier, vol. 16(3), pages 377-394, May.
    11. Suma Athreye & Sandeep Kapur, 2001. "Private Foreign Investment in India: Pain or Panacea?," The World Economy, Wiley Blackwell, vol. 24(3), pages 399-424, March.
    12. Peter Nunnenkamp, 2004. "To What Extent Can Foreign Direct Investment Help Achieve International Development Goals?," The World Economy, Wiley Blackwell, vol. 27(5), pages 657-677, May.
    13. Susan E Feinberg & Sumit K Majumdar, 2001. "Technology Spillovers from Foreign Direct Investment in the Indian Pharmaceutical Industry," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 32(3), pages 421-437, September.
    14. Pradeep Agrawal, 2005. "Foreign Direct Investment in South Asia: Impact on Economic Growth and Local Investment," International Economic Association Series, in: Edward M. Graham (ed.), Multinationals and Foreign Investment in Economic Development, chapter 5, pages 94-118, Palgrave Macmillan.
    15. Helpman, Elhanan, 1984. "A Simple Theory of International Trade with Multinational Corporations," Journal of Political Economy, University of Chicago Press, vol. 92(3), pages 451-471, June.
    16. Chhibber, Pradeep K & Majumdar, Sumit K, 1999. "Foreign Ownership and Profitability: Property Rights, Control, and the Performance of Firms in Indian Industry," Journal of Law and Economics, University of Chicago Press, vol. 42(1), pages 209-238, April.
    17. Dukhabandhu Sahoo & Maathai K. Mathiyazhagan, 2003. "Economic Growth In India: "Does Foreign Direct Investment Inflow Matter?"," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 48(02), pages 151-171.
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    Citations

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    Cited by:

    1. Sumit K. Majumdar & Arnab Bhattacharjee, 2014. "Firms, Markets, and the State: Institutional Change and Manufacturing Sector Profitability Variances in India," Organization Science, INFORMS, vol. 25(2), pages 509-528, April.
    2. Natalie J. Langford, 2021. "From Global to Local Tea Markets: The Changing Political Economy of Tea Production within India's Domestic Value Chain," Development and Change, International Institute of Social Studies, vol. 52(6), pages 1445-1472, November.
    3. Majumdar, Sumit K., 2016. "R&D and the overseas earnings of Indian firms," Technology in Society, Elsevier, vol. 44(C), pages 104-111.
    4. Popli, Manish & Raithatha, Mehul & Fuad, Mohammad, 2021. "Impact of institutional imprinting on the persistence of superior profits: A study of regulatory punctuation in India," Journal of Business Research, Elsevier, vol. 124(C), pages 223-235.
    5. Sumit Majumdar & Davina Vora & Ashok Nag, 2012. "Legal form of the firm and overseas market choice in India’s software and IT industry," Asia Pacific Journal of Management, Springer, vol. 29(3), pages 659-687, September.

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    More about this item

    Keywords

    Corporate demography; Economic reforms; Foreign direct investment; Foreign exchange management act (FEMA); Foreign exchange regulation act (FERA); Indian industry; Institutional change; Transactions environment; F23; L11; L32; M2;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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