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Technology And Spillovers: Evidence From Indian Manufacturing Micro-Data

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  • Shishir Saxena

Abstract

This paper finds that technology stocks and spillovers, have significantly affected the output of Indian manufacturing firms, over the period 1994 to 2006. The technology of a firm is measured, as embodied in its recent stock of plant & machinery, as well as generated through its own R&D. Moreover, investments in both these types of capital by a firm, also generate learning and level of development effects, for all other firms in that industry.

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File URL: http://www.buseco.monash.edu.au/eco/research/papers/2007/2707technologysaxena.pdf
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Bibliographic Info

Paper provided by Monash University, Department of Economics in its series Monash Economics Working Papers with number 27-07.

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Length: 23 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:mos:moswps:2007-27

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Keywords: Indian manufacturing; equipment; R&D; spillovers;

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References

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  1. J. Bradford De Long & Lawrence H. Summers, 1990. "Equipment Investment and Economic Growth," NBER Working Papers 3515, National Bureau of Economic Research, Inc.
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  10. Hasan, Rana, 2002. "The impact of imported and domestic technologies on the productivity of firms: panel data evidence from Indian manufacturing firms," Journal of Development Economics, Elsevier, vol. 69(1), pages 23-49, October.
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Cited by:
  1. Jakob Madsen & Shishir Saxena & James Ang, 2008. "The Indian Growth Miracle And Endogenous Growth," Development Research Unit Working Paper Series 17/08, Monash University, Department of Economics.
  2. Bishwanath Goldar, 2009. "Impact of Trade on Employment Generation in Manufacturing in India," Trade Working Papers 22921, East Asian Bureau of Economic Research.

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