The paper examines the spillover and linkage effects from the presence of foreign firms in the Indian pharmaceutical industry. A comprehensive panel data consisting of nearly 200 firms from 1989 to 2000 was used in the current study. The recent semi-parametric estimation methods as suggested by...

Purpose – This paper aims to examine production linkage and technology spillovers due to the presence of foreign firms in the Indian pharmaceutical industry. Design/methodology/approach – This study employs the semi-parametric estimation method suggested by Olley and Pakes to control for...

The paper examines the spillover and linkage effects from the presence of foreign firms in the Indian pharmaceutical industry. A comprehensive panel data consisting of nearly 200 firms from 1989 to 2000 was used in the current study. The recent semi-parametric estimation methods as suggested by...

This article estimates the long-run production function for a panel of 13Indian manufacturing industries for the period 1981 to 1998. To account for nonstationarity and to avoid spurious regression problems, the panel unit-roots tests as suggested by Im et al. (2003) and the panel cointegration...