The initial entry of FDI in India can be loosely considered from the time of establishment of East India Company of Britain during the colonial era in the 17th century due to the British merchants approaching the Mughal Emperor with the proposal of establishing a factory in Surat city of India....

India has witnessed a tremendous economic growth, as measured by GDP, over the past 10 years. Many experts have pointed out that FDI (Foreign Direct Investment) has been one of the major factors taking India to this growth level. Foreign investment in India has increased continuously since...

This paper uses a rich panel data set of Indian manufacturing firms to analyze the effects of domestic and international acquisitions on various outcomes at target firm and product level. We apply recent methodological advances in the estimation of production functions together with information...

The Indian IT sector has recorded impressive growth in the post-reforms period of the Indian economy and has come to attain global prominence in terms of exports. The conventional trade and services data shows that North America and Europe are the primary destinations for Indian IT exports...

The importance of services inputs in enhancing manufacturing productivity and competitiveness has been well documented in the literature on global value chains and economic development. In this context, we investigate the nature and strength of the interlinkage between the services and...

Firms are under increasing pressure to meet stakeholders’ demand for Corporate Social Responsibility (CSR) along their global value chains. We study the incentives for and investments in CSR at different stages of the production process. We analyze a model of sequential production with...

This paper uses a rich panel data set of Indian manufacturing firms to analyze the effects of foreign direct investment (FDI) on various outcomes of domestic firms. We apply recent methodological advances in the estimation of production functions together with detailed product-level information...

How trade shocks emanating from a low-wage country affect the productivity of manufacturing plants in other low-wage countries has been little researched. This paper investigates the impact of Chinese import competition on the performance of Indian manufacturing sector through the lens of...

In a unique attempt, our paper aims to provide a quantitative economic assessment of the impact of "Make in India", a flagship program for industrialization, launched by the Government of India in 2014, combining it with the global trade war of 2017-18. We analyze whether the expected favourable...

This paper analyzes the impact of tariff liberalization and foreign direct investment on pollution from a plant-level perspective. It considers how globalization impacts plant-level investment in pollution abatement expenditure. Popular hypotheses on trade and pollution cite the pollution haven...