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Does Investing in Technology Affect Exports? Evidence from Indian Firms
Author(s) -
Hasan Rana,
Raturi Mayank
Publication year - 2003
Publication title -
review of development economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.531
H-Index - 50
eISSN - 1467-9361
pISSN - 1363-6669
DOI - 10.1111/1467-9361.00191
Subject(s) - affect (linguistics) , economics , technology transfer , empirical evidence , export performance , monetary economics , international economics , industrial organization , business , international trade , philosophy , linguistics , epistemology
The authors use firm‐level data from Indian manufacturing industries to explore the determinants of exports, focusing on the role played by technology. The empirical analysis, which distinguishes between a firm's decision to export and the volume of its exports conditional on its having decided to export, reveals that investments in technology via R&D and technology transfer agreements can facilitate the entry of Indian firms into export markets. However, their influence on the volume of exports is fairly limited. Factors with a more broad‐based influence on both export participation and volumes include labor intensity and, especially, firm size.