مورد إلكتروني

Does Higher Labour Market Flexibility Discourage R&D? Firm-level Evidence from India’s Organised Manufacturing

التفاصيل البيبلوغرافية
العنوان: Does Higher Labour Market Flexibility Discourage R&D? Firm-level Evidence from India’s Organised Manufacturing
المؤلفون: Roy, Gopal Krishna
المساهمون: Dubey, Amaresh (VerfasserIn)
المصدر: 2022
الناشر: [S.l.]: SSRN
اللغة: English
نوع الوثيقة: Elektronische Ressource im Fernzugriff
Manifestation: Monographie [unabhängig ob Stück einer Reihe]
مستخلص: The empirical evidence on the association between labour market flexibility and R&D activities of firms is limited only to developed economies. In this research note, we examine the relationship between labour market flexibility and the R&D decisions of firms in India's organised Manufacturing. Using a cross-section of manufacturing firms from the Annual Survey of Industries 2015-16 unit-level data, we model the R&D decision of firms as a two-step process. We use Cragg’s Double-hurdle model that examines the probability of undertaking R&D in the first stage and the extent of R&D expenditure among the R&D-performing firms in the second stage. Controlling for the firm-specific determinants of R&D expenditure, we find that the spatial variation in labour market flexibility is negatively and significantly associated with the extent of R&D expenditure of R&D-performing Indian firms
DOI: 10.2139/ssrn.4249293
رقم الأكسشن: EDSZBW1840391197
قاعدة البيانات: ECONIS