{"title":"Imported inputs and productivity: Unraveling the dynamics in India's manufacturing sector","authors":"Rupika Khanna, Chandan Sharma","doi":"10.1002/mde.4382","DOIUrl":null,"url":null,"abstract":"<p>This study investigates effects of imported intermediate inputs on firms' productivity in the Indian manufacturing. We use a panel data of manufacturing firms from 2001 to 2021 and adopt the production function approach for analysis. Our results confirm the crucial role of all three imported input types at aggregated and disaggregated levels. However, the productivity effect of imported raw materials is the largest, followed by finished goods and capital inputs. Results show the role of imports is marginally higher for high innovation, specialist-suppliers and science-based industries. We also show that spillover effects of foreign technology embodied in imported capital goods.</p>","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 1","pages":"409-424"},"PeriodicalIF":2.5000,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Managerial and Decision Economics","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/mde.4382","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This study investigates effects of imported intermediate inputs on firms' productivity in the Indian manufacturing. We use a panel data of manufacturing firms from 2001 to 2021 and adopt the production function approach for analysis. Our results confirm the crucial role of all three imported input types at aggregated and disaggregated levels. However, the productivity effect of imported raw materials is the largest, followed by finished goods and capital inputs. Results show the role of imports is marginally higher for high innovation, specialist-suppliers and science-based industries. We also show that spillover effects of foreign technology embodied in imported capital goods.
期刊介绍:
Managerial and Decision Economics will publish articles applying economic reasoning to managerial decision-making and management strategy.Management strategy concerns practical decisions that managers face about how to compete, how to succeed, and how to organize to achieve their goals. Economic thinking and analysis provides a critical foundation for strategic decision-making across a variety of dimensions. For example, economic insights may help in determining which activities to outsource and which to perfom internally. They can help unravel questions regarding what drives performance differences among firms and what allows these differences to persist. They can contribute to an appreciation of how industries, organizations, and capabilities evolve.