IDEAS home Printed from https://ideas.repec.org/a/taf/ijecbs/v29y2022i2p139-159.html
   My bibliography  Save this article

The Determinants of Firm Competitiveness: Evidence from the Indian Manufacturing Sector

Author

Listed:
  • Pradipta Kumar Sahoo
  • Viet Le
  • Badri Narayan Rath

Abstract

This paper investigates the determinants of competitiveness of Indian manufacturing sector. First, based on multi-variate Industrial Competitiveness Index (ICI), the result reveals that capital-intensive firms are more competitive than labor-intensive firms. Second, the results also indicate that foreign-owned firms are more competitive than domestic firms. Third, the determinants of competitiveness derived from Feasible Generalized Least Squares (FGLS) and dynamic panel GMM model indicate that the firms' external factors such as Information and Communication Technology (ICT) and infrastructure positively affect manufacturing firms' competitiveness. However, internal factors such as firm age and debt have a negative effect on Indian manufacturing firms' competitiveness, but the lag effect of R&D intensity and advertisement intensity has a positive impact on firms' competitiveness. Our results are robust in different sub-categories based on industry sub-sectors and firm ownership structure.

Suggested Citation

  • Pradipta Kumar Sahoo & Viet Le & Badri Narayan Rath, 2022. "The Determinants of Firm Competitiveness: Evidence from the Indian Manufacturing Sector," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 29(2), pages 139-159, May.
    • Handle: RePEc:taf:ijecbs:v:29:y:2022:i:2:p:139-159
    DOI: 10.1080/13571516.2021.1959251
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13571516.2021.1959251
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13571516.2021.1959251?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ijecbs:v:29:y:2022:i:2:p:139-159. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CIJB20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.