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Technology And Spillovers: Evidence From Indian Manufacturing Micro-Data

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Author Info
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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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: 01 Sep 2007
Date of revision:
Handle: RePEc:mos:moswps:2007-27

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

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Find related papers by JEL classification:
L6 - Industrial Organization - - Industry Studies: Manufacturing
E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity
D62 - Microeconomics - - Welfare Economics - - - Externalities
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General

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  7. Zvi Griliches, 1979. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 92-116, Spring. [Downloadable!] (restricted)
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  8. Giuseppe Medda & Claudio Piga & Donald Siegel, 2006. "Assessing the returns to collaborative research: Firm-level evidence from Italy," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 15(1), pages 37-50, January. [Downloadable!] (restricted)
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  11. Plutarchos Sakellaris & Daniel J. Wilson, 2004. "Quantifying Embodied Technological Change," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(1), pages 1-26, January. [Downloadable!] (restricted)
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  12. Rana Hasan & Mayank Raturi, 2003. "Does Investing in Technology Affect Exports? Evidence from Indian Firms," Review of Development Economics, Blackwell Publishing, vol. 7(2), pages 279-293, 05. [Downloadable!] (restricted)
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  18. 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. [Downloadable!] (restricted)
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