Summary The entry of foreign firms in India since the reforms forces domestic firms to undertake R&D activities or import technology so as to compete with them. This study examines the relationship between FDI and R&D of the domestic firms in the post-liberalization regime. The study uses...

The purpose of this article is twofold: first to examine spillovers from existing foreign firms in India to local firms and whether the technology gap between foreign and domestic firms has any role to play in influencing spillovers; and second, to investigate whether the liberalization of the...

Recent policy discussions recognize the limitations of formal regulations to stem pollution in developing countries. As a result, there is growing interest in the potential of informal regulations to achieve environmental goals. In India, many polluting industries fall under the rubric of the...

The 2003 Indian Electricity Act incentivizes captive power production through open access in an attempt to harness all sources of generation. Yet, we observe that only some firms self-generate while others do not. In this paper we give a transaction cost explanation for such divergent behavior....

This study attempts to investigate the relationship between Environmental Quality (EQ) and per capita NSDP (i.e., Environmental Kuznets Curve, EKC) of 14 major Indian States, in the light of their high economic growth in the post-liberalisation period. The analysis involves first ranking the...

The objective of the intensification of reforms in India's trade, technology and industry policies in 1991 was to make Indian industry competitive. In the light of these attempted changes, the present paper tested two hypotheses, namely (a) whether liberalisation has improved the productivity of...

This paper examines the role of state level institutional differences in attracting FDI (foreign direct investment) in wind energy in India. The role of institutional differences is measured by means of constructing a policy index using five key policies in wind energy: feed-in-tariff, open...

Empirical studies on total factor productivity growth (TFPG) in developing countries highlight trade openness, research and development and market structure as being the most important determinants of TFPG. The role of institutions remains overlooked in the literature on the determinants of...

This article tests whether manufacturing has acted as an ‘engine of growth’ for the Indian states in the post-1990s.Our methodology involves regressing the state domestic product (SDP) growth rates on growth rates of manufacturing. If the coefficient of manufacturing growth is...

Increased integration between the developed and developing countries has seen substantial decrease in trade-related barriers. In addition, there is a debate that developing countries tend to lower the environmental standards to attract more foreign direct investment (FDI). In this context, the...