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Liberalisation, Multinational Enterprises and Export Performance: Evidence from Indian Manufacturing

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  • Aradhna Aggarwal

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Abstract

The paper attempts to analyse the export-enhancing role of MNEs in the Indian manufacturing sector during the 1990s. The CAPITAL LINE database is used. The database includes firms engaged in both manufacturing and nonmanufacturing activities. From the database manufacturing firms’ data for five years i.e. from 1996 to 2000 is extracted. This yielded 4211 observations for 970 firms. The firms were classified into 33 industries. Since the data span was five years , it was necessary to control year - to - year variations. To even out such variations, yearly averages were worked out. This provided us a panel data set of 970 firms classified across 33 industries [ICRIER WP No. 69].

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Bibliographic Info

Paper provided by eSocialSciences in its series Working Papers with number id:993.

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Date of creation: Jun 2007
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Handle: RePEc:ess:wpaper:id:993

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Keywords: manufacturing; industres; export;

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  1. Athukorala, Premachandra & Jayasuriya, Sisira & Oczkowski, Edward, 1995. "Multinational firms and export performance in developing countries: Some analytical issues and new empirical evidence," Journal of Development Economics, Elsevier, Elsevier, vol. 46(1), pages 109-122, February.
  2. Wang, Jian-Ye & Blomstrom, Magnus, 1992. "Foreign investment and technology transfer : A simple model," European Economic Review, Elsevier, Elsevier, vol. 36(1), pages 137-155, January.
  3. Magnus Blomström & Ari Kokko & Mario Zejan, 1994. "Host country competition, labor skills, and technology transfer by multinationals," Review of World Economics (Weltwirtschaftliches Archiv), Springer, Springer, vol. 130(3), pages 521-533, September.
  4. Mowery, David C & Oxley, Joanne E, 1995. "Inward Technology Transfer and Competitiveness: The Role of National Innovation Systems," Cambridge Journal of Economics, Oxford University Press, Oxford University Press, vol. 19(1), pages 67-93, February.
  5. Amemiya, Takeshi, 1973. "Regression Analysis when the Dependent Variable is Truncated Normal," Econometrica, Econometric Society, Econometric Society, vol. 41(6), pages 997-1016, November.
  6. Pavitt, Keith, 1984. "Sectoral patterns of technical change: Towards a taxonomy and a theory," Research Policy, Elsevier, Elsevier, vol. 13(6), pages 343-373, December.
  7. Magnus Blomstrom & Ari Kokko, 1993. "Policies to Encourage Inflows of Technology Through Foreign Multinationals," NBER Working Papers, National Bureau of Economic Research, Inc 4289, National Bureau of Economic Research, Inc.
  8. Dosi, Giovanni, 1988. "Sources, Procedures, and Microeconomic Effects of Innovation," Journal of Economic Literature, American Economic Association, American Economic Association, vol. 26(3), pages 1120-71, September.
  9. Lall, Sanjaya & Kumar, Rajiv, 1981. "Firm-level export performance in an inward-looking economy: The Indian engineering industry," World Development, Elsevier, Elsevier, vol. 9(5), pages 453-463, May.
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