This study examines the influence of foreign ownership on the performance of fmtis operating in India. Foreign ownership is categorized according to the control exercisable at different levels of ownership. These categories are, in turn, determined by the institutional structure of the Indian...

What explains variation in electoral volatility? We argue that fiscal space - availability of financial resources to enact policy initiatives and provide public programs - possessed by governments can explain the level of electoral volatility. Where governments have fiscal space, citizens reward...

Using contemporary data for a firm-level sample of over 600 Indian firms, this paper investigates the impact that an export-orientation has on the profitability of the firms studied. The results, based on a two-stage least squares method, establish a positive and significant relationship between...

Our empirical research in India shows the poor and the non-poor report different motivations for voting. The poor say they turn out to vote because it is their right while the non-poor report they vote because they expect material benefits from the state, some kind of access to the state, or...

This study examines whether the influence of foreign ownership helps domestic firms in an emerging market economy, India, globalize their operations. The extent of operations globalization is captured as exporting behavior, which is measured as the ratio of export sales to total sales. Foreign...

Delivery of public goods varies significantly across the Indian states. This article argues that differences in state government expenditures are largely the result of differences in their party systems. Using macroeconomic data from 1967 to 1997 as well as postelection voter surveys, we...