FDI, Firm Heterogeneity and Exports An analysis of Indian Manufacturing

OPEN ARCHIVE

Union Jack
Dannebrog

FDI, Firm Heterogeneity and Exports An analysis of Indian Manufacturing

Show simple item record

dc.contributor.author Ghosh, Maitri
dc.contributor.author Roy, Saikat Sinha
dc.date.accessioned 2016-04-28T13:33:55Z
dc.date.available 2016-04-28T13:33:55Z
dc.date.issued 2016-04-28
dc.identifier.uri http://hdl.handle.net/10398/9292
dc.description.abstract Using firm-level data, this paper investigates whether Foreign Direct Investment (FDI), and hence Multinational Enterprise (MNE) presence, explains India’s improved export performance during post-reforms. The recent literature stresses that firm heterogeneity gives some firms an edge over others to self select into export market. Apart from ownership, this paper takes into account firm heterogeneity and various other firm-specific factors while understanding firm-level export performance. Hausman-Taylor estimation results show that foreign ownership does not have significantly different impact on export performance over domestic firms across sectors in Indian manufacturing. Rather firms acquire internationally competitiveness from imported raw materials, foreign technical know-how and local R&D. Further, firm heterogeneity measured in terms of sunk costs significantly impacts on firm-level export intensity. The study further reveals that there are ownership specific factors that determine firm-level exports. The results have significant implications for policy in order to attain international competitiveness of firms in India. en_US
dc.format.extent 38 en_US
dc.language eng en_US
dc.relation.ispartofseries Copenhagen Discussion Papers;57
dc.subject.other Export competitiveness en_US
dc.subject.other FDI en_US
dc.subject.other Multinational Enterprises en_US
dc.subject.other Firm Heterogeneity en_US
dc.subject.other Hausman-Taylor estimation en_US
dc.subject.other Dynamic Panel Data estimation en_US
dc.title FDI, Firm Heterogeneity and Exports An analysis of Indian Manufacturing en_US
dc.type wp en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Asia Research Centre en_US
dc.contributor.departmentshort ARC en_US
dc.contributor.departmentuk Asia Research Centre en_US
dc.contributor.departmentukshort ARC en_US
dc.publisher.city Frederiksberg en_US
dc.publisher.year 2016 en_US


Creative Commons License This work is licensed under a Creative Commons License.

Files Size Format View
CDP-57.pdf 464.1Kb PDF View/Open Working paper

This item appears in the following Collection(s)

Show simple item record