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ASSESSING THE COMPETITIVENESS OF FIRMS IN THE INDIAN MANUFACTURING SECTOR: AN INTER INDUSTRY ANALYSIS
P.K. Sahoo, , V. Le
Published in Bank Indonesia Institute
2021
Volume: 24
   
Issue: 4
Pages: 541 - 558
Abstract
This study measures the competitiveness of Indian manufacturing industries by covering 650 firms from 11 industries using the composite index approach. Firms are classified into two broad groups based on labor-capital intensity and ownership. The study found that capital-intensive industries are more competitive than labor-intensive industries. With regards to ownership of firms, the study finds that foreign-owned firms are more competitive than domestic firms. The study also divides the sample into two sub-periods based on India's Competition Act 2002. The results reveal that competitiveness has slightly increased after the implementation of the Act. © 2021 Buletin Ekonomi Moneter dan Perbankan. All rights reserved.
About the journal
JournalBuletin Ekonomi Moneter dan Perbankan
PublisherBank Indonesia Institute
ISSN14108046