FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1858730895> ?p ?o ?g. }

• W1858730895 abstract "Adopting a micro-level framework of impact of FDI in an industry, this study empirically examines the following three issues in the context of Indian machinery industry (IMI) - division 28 of National Industrial Classification, 2008. First of all, it compares the technical efficiency of foreign affiliates of multinational enterprises (FAs) against the domestic firms (DFs) to know if there are spillovers from MNEs to their affiliates. Secondly, it identifies the differences in the determinants of technical efficiency between FAs and DFs. Finally, it examines the presence (or absence) of efficiency spillovers from FAs to DFs in terms of its two major sources: competition effect and demonstration and imitation effect. To examine these issues, we first compute the firm- and year-specific technical efficiency by estimating a stochastic frontier production function with the help of an unbalanced panel of data on a sample of 177 firms for 7 years covering FY 2000/01 to FY 2006/07. Thereafter, we estimate random-effect panel data models of the determinants of firm-level technical efficiency.One of the important finding of the study is that the FAs as a ownership group maintains higher level of technical efficiency than DFs even after controlling for the additional determinants (both observed and unobserved) of technical efficiency. Another significant aspect of the finding is that the competition effect generated by FAs does not play a positive role in enhancing the efficiency of DFs. Probably, the inefficient DFs have been ousted on account of competitive pressure from the efficient FAs. On the other hand, the demonstration and imitation effects generated by FAs through their R&D activities (i.e. knowledge spillover) act as the important channel in enhancing the efficiency of DFs. In sum, FDI is found to have efficiency enhancing effect in the IMI. This finding has considerable policy implication for the IMI, which suffers from the adverse impact of high level of imports of finished goods, limited technological capabilities and operational inefficiency. In the post-WTO era, restricting imports and implementation of trade related investment measures are not the feasible options. Beside, this study also indicates that the import of disembodied technology has no impact on technical efficiency despite the IMI entering into maximum number of foreign technological collaboration agreements during August 1991 to July 2007. Given the current policy of Indian Government for 100 per cent equity participation through FDI on an automatic basis in the manufacturing sector including IMI, the firms desiring to expand their base in this industry may consider the option of attracting FDI for building additional capacities and for enhancing their efficiency levels (viz. from knowledge spillovers from MNEs) and thereby upgrading this industry for facing the challenges of the global competition." @default.
• W1858730895 created "2016-06-24" @default.
• W1858730895 creator A5004435239 @default.
• W1858730895 date "2013-05-20" @default.
• W1858730895 modified "2023-09-27" @default.
• W1858730895 title "Efficiency spillovers from FDI in the Indian machinery industry: a firm-level study using panel data models" @default.
• W1858730895 cites W1506859696 @default.
• W1858730895 cites W1510891381 @default.
• W1858730895 cites W1566858326 @default.
• W1858730895 cites W1966635053 @default.
• W1858730895 cites W1976040628 @default.
• W1858730895 cites W1976771350 @default.
• W1858730895 cites W1981366809 @default.
• W1858730895 cites W1981529680 @default.
• W1858730895 cites W1981572080 @default.
• W1858730895 cites W1983162145 @default.
• W1858730895 cites W1996084279 @default.
• W1858730895 cites W1998448113 @default.
• W1858730895 cites W2005543720 @default.
• W1858730895 cites W2025303791 @default.
• W1858730895 cites W2036544081 @default.
• W1858730895 cites W2046880668 @default.
• W1858730895 cites W2054428400 @default.
• W1858730895 cites W2055084783 @default.
• W1858730895 cites W2059289028 @default.
• W1858730895 cites W2062044269 @default.
• W1858730895 cites W2062904349 @default.
• W1858730895 cites W2067614166 @default.
• W1858730895 cites W2072961630 @default.
• W1858730895 cites W2081631040 @default.
• W1858730895 cites W2087509434 @default.
• W1858730895 cites W2091575821 @default.
• W1858730895 cites W2092358525 @default.
• W1858730895 cites W2094092453 @default.
• W1858730895 cites W2105089869 @default.
• W1858730895 cites W2105367518 @default.
• W1858730895 cites W2111465968 @default.
• W1858730895 cites W2116656522 @default.
• W1858730895 cites W2118105624 @default.
• W1858730895 cites W2121623592 @default.
• W1858730895 cites W2136172791 @default.
• W1858730895 cites W2158638526 @default.
• W1858730895 cites W2161083653 @default.
• W1858730895 cites W2161579268 @default.
• W1858730895 cites W2167611042 @default.
• W1858730895 cites W2171650106 @default.
• W1858730895 cites W2255817885 @default.
• W1858730895 cites W2546113944 @default.
• W1858730895 cites W3021862004 @default.
• W1858730895 cites W3121465680 @default.
• W1858730895 cites W3121583583 @default.
• W1858730895 cites W3121623641 @default.
• W1858730895 cites W3121681001 @default.
• W1858730895 cites W3122874839 @default.
• W1858730895 cites W3123261135 @default.
• W1858730895 cites W3123575923 @default.
• W1858730895 cites W3124491808 @default.
• W1858730895 cites W617806992 @default.
• W1858730895 hasPublicationYear "2013" @default.
• W1858730895 type Work @default.
• W1858730895 sameAs 1858730895 @default.
• W1858730895 citedByCount "0" @default.
• W1858730895 crossrefType "posted-content" @default.
• W1858730895 hasAuthorship W1858730895A5004435239 @default.
• W1858730895 hasConcept C10138342 @default.
• W1858730895 hasConcept C144133560 @default.
• W1858730895 hasConcept C149782125 @default.
• W1858730895 hasConcept C151730666 @default.
• W1858730895 hasConcept C158016649 @default.
• W1858730895 hasConcept C162324750 @default.
• W1858730895 hasConcept C17744445 @default.
• W1858730895 hasConcept C185592680 @default.
• W1858730895 hasConcept C18903297 @default.
• W1858730895 hasConcept C198531522 @default.
• W1858730895 hasConcept C199539241 @default.
• W1858730895 hasConcept C2778571376 @default.
• W1858730895 hasConcept C2779343474 @default.
• W1858730895 hasConcept C40700 @default.
• W1858730895 hasConcept C43617362 @default.
• W1858730895 hasConcept C6422946 @default.
• W1858730895 hasConcept C86803240 @default.
• W1858730895 hasConcept C91306197 @default.
• W1858730895 hasConceptScore W1858730895C10138342 @default.
• W1858730895 hasConceptScore W1858730895C144133560 @default.
• W1858730895 hasConceptScore W1858730895C149782125 @default.
• W1858730895 hasConceptScore W1858730895C151730666 @default.
• W1858730895 hasConceptScore W1858730895C158016649 @default.
• W1858730895 hasConceptScore W1858730895C162324750 @default.
• W1858730895 hasConceptScore W1858730895C17744445 @default.
• W1858730895 hasConceptScore W1858730895C185592680 @default.
• W1858730895 hasConceptScore W1858730895C18903297 @default.
• W1858730895 hasConceptScore W1858730895C198531522 @default.
• W1858730895 hasConceptScore W1858730895C199539241 @default.
• W1858730895 hasConceptScore W1858730895C2778571376 @default.
• W1858730895 hasConceptScore W1858730895C2779343474 @default.
• W1858730895 hasConceptScore W1858730895C40700 @default.
• W1858730895 hasConceptScore W1858730895C43617362 @default.
• W1858730895 hasConceptScore W1858730895C6422946 @default.
• W1858730895 hasConceptScore W1858730895C86803240 @default.
• W1858730895 hasConceptScore W1858730895C91306197 @default.

• next