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FOREIGN DIRECT INVESTMENT AND TECHNOLOGY SPILLOVER:EVIDENCE ACROSS INDIAN MANUFACTURING INDUSTRIES

机译:外国直接投资和技术溢出:印度制造业的证据

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The paper attempts to analyze the spillover effect of Foreign Direct Investment (FDI) across Indian manufacturing industries. Foreign presence by way of FDI brings new channels of technology spillover to the domestic industrial firms in the form of enhanced efficiency and diffusion of knowledge in the long-run. By carrying out Pedroni cointegration tests, the analysis tries to provide a long-run relationship between endogenous variables and explanatory variables, pertaining to tech­nology spillovers across Indian manufacturing industries. We find that technology spillovers are relatively higher in industries like food products, textiles, chemicals, drugs and Pharmaceuticals and non-metallic mineral products.
机译:本文试图分析外国直接投资(FDI)在印度制造业中的溢出效应。外国通过外国直接投资的存在以长期提高效率和知识传播的形式为国内工业企业带来了新的技术溢出渠道。通过进行Pedroni协整检验,该分析试图提供内生变量与解释变量之间的长期关系,这与印度制造业的技术溢出有关。我们发现,食品,纺织,化工,药品和制药以及非金属矿产等行业的技术溢出率相对较高。

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