Does higher labour market flexibility discourage R&D? Firm-level evidence from India’s organised manufacturing (Record no. 527065)
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| fixed length control field | 01755nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240731b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Roy, Gopal Krishna and Dubey, Amaresh |
| 245 ## - TITLE STATEMENT | |
| Title | Does higher labour market flexibility discourage R&D? Firm-level evidence from India’s organised manufacturing |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | The Indian Journal of Labour Economics |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 66(4), Oct-Dec, 2024: p.1119-1130 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | The empirical evidence on the association between labour market flexibility and research & development (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 (ASI) 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 Amongst 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. We extend the analysis by proxying R&D investment with the factories' net investment in plant and machinery. We found a similar negative correlation between labour market flexibility and the net value of plant and machinery of factories. https://link.springer.com/article/10.1007/s41027-024-00472-x |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | The Indian Journal of Labour Economics |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | LABOUR |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-07-31 | 66(4), Oct-Dec, 2024: p.1119-1130 | AR132531 | 2024-07-31 | Articles |
