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In the absence of well-developed insurance and capital markets in less developed agriculture, producers use diverse mechanisms to mitigate the impact of the revenue risk that they are confronted with. One possibility open to them is to use the casual labour market to hedge against this risk. We...
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We revisit the relationship between market value and innovation in the context of manufacturing firms in a developing country, using data for Indian firms from 2001 through 2010. Surprisingly, we find that financial markets value the R&D investment of Indian firms the same or higher than it...
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This paper investigates wheter, in what direction, and to what extent one mode of technology transfer is influenced by the strength of intellectual property protection that host nations provide. Using data spanning the period 1977 - 1999, we find little support for the claim that strengthening...
Persistent link: https://www.econbiz.de/10010536399
This study analyses the impact of revenue risk on the hiring-out behaviour of owner-cultivators. Since hiring-out is not certain, labour market risk is also allowed for. A large sample of owner-cultivators residing in semi-arid regions in India, and hence subject to high production and labour...
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We study the innovation, efficiency and productivity response to intellectual property (IP) reform vis-à-vis manufacturing industry in India. Studying the response of IP-sensitive industries relative to a control group of IP-insensitive industries, and using the fact that the IP reform was...
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