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Technology and spillovers: evidence from Indian manufacturing microdata

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Abstract:

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.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036840802600301

Affiliations: Department of Economics, Monash University, Victoria 3145, Australia

Publication date: April 1, 2011

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