The Determinants of Firm Competitiveness: Evidence from the Indian Manufacturing Sector

IF 1.9 Q3 BUSINESS
P. K. Sahoo, Viet Le, B. N. Rath
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引用次数: 3

Abstract

Abstract This paper investigates the determinants of competitiveness of Indian manufacturing sector. First, based on multi-variate Industrial Competitiveness Index (ICI), the result reveals that capital-intensive firms are more competitive than labor-intensive firms. Second, the results also indicate that foreign-owned firms are more competitive than domestic firms. Third, the determinants of competitiveness derived from Feasible Generalized Least Squares (FGLS) and dynamic panel GMM model indicate that the firms' external factors such as Information and Communication Technology (ICT) and infrastructure positively affect manufacturing firms' competitiveness. However, internal factors such as firm age and debt have a negative effect on Indian manufacturing firms' competitiveness, but the lag effect of R&D intensity and advertisement intensity has a positive impact on firms' competitiveness. Our results are robust in different sub-categories based on industry sub-sectors and firm ownership structure.
企业竞争力的决定因素:来自印度制造业的证据
摘要本文研究了印度制造业竞争力的决定因素。首先,基于多变量产业竞争力指数(ICI),结果表明资本密集型企业比劳动密集型企业更具竞争力。第二,结果还表明外资企业比国内企业更具竞争力。第三,利用可行广义最小二乘(FGLS)和动态面板GMM模型推导出的竞争力决定因素表明,信息通信技术(ICT)和基础设施等外部因素对制造业企业竞争力具有正向影响。企业年龄和负债等内部因素对印度制造业企业竞争力有负向影响,而研发强度和广告强度的滞后效应对企业竞争力有正向影响。我们的结果在基于行业子部门和公司所有权结构的不同子类别中是稳健的。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
2.60
自引率
8.30%
发文量
9
期刊介绍: International Journal of the Economics of Business presents original, peer reviewed research in economics that is clearly applicable to business or related public policy problems or issues. The term "business" is used in its widest sense to encompass both public and private sector—governmental, private non-profit and cooperative organizations, as well as profit-seeking enterprises. International Journal of the Economics of Business carries papers relating to three main spheres: The organization—to analyse and aid decision making and the internal organization of the business; The industry—to analyse how businesses interact and evolve within and across industries.
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