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Author: | Basant, R. Fikkert, B. |
Title: | The effects of R&D, foreign technology purchase, and domestic and international spillovers on productivity in Indian firms |
Journal: | Review of Economics and Statistics
1996 : MAY, VOL. 78:2, p. 187-199 |
Index terms: | ECONOMICS STATISTICS R&D |
Language: | eng |
Abstract: | Using panel data on Indian firms from 1974-75 to 1981-81, the authors provide estimates of the impact on output of Indian firms' R&D expenditures, their technology purchases, and international and domestic R&D spillovers. The private returns to technology purchases are estimated to be high and statistically significant, while the private returns to firms' own R&D expenditures are some-what lower and are often insignificant. |
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