Technology and spillovers: evidence from Indian manufacturing microdata
This article 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 and machinery, as well as generated through its own R&D. Moreover, investments in both these types of capital by a firm, also generate significant knowledge spillovers, for all other firms in that industry.
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Volume (Year): 43 (2011)
Issue (Month): 10 ()
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