This study examines the role of financing constraints in explaining outward FDI decisions using unique firm level panel data on Indian manufacturing during the period 2007-2014. We consider the role of both internal finance and external finance in firm decisions on outward FDI and employ...

This paper examines the impact of Ramp;D and FDI on firm growth for a panel data of Indian manufacturing firms. We argue that besides age and size, FDI and Ramp;D are essential determinants of firm growth. We use GMM estimation for fixed effects panel data models to control for endogenity of...

The regulation of industrial pollution is clearly difficult in a rapidly industrializing, low-income setting. In addition to the general lack of resources for monitoring and enforcement, authorities must deal with the asymmetric nature of the information and multiple nonpoint sources of...