000			01279pab a2200169 454500
008			180718b2002 xxu||||| |||| 00| 0 eng d
100			_aPatibandla, Murali
245			_aPolicy reforms and evolution of market structure in an emerging economy: the case of India
260			_c2002
300			_ap.95-118.
362			_aFeb
520			_aPolicy reforms have facilitated entry of quite a few transnational corporations (TNC) into Indian Industries. This has important implications for the evolution of competitive industrial structure. This article focuses on the issues of the response mechanism of local firms to competition from new entrant TCSs, and the possible strategies of TNCs in penetrating the Indian market. It develops a conceptual framework by incorporating elements of intangible assets theory and new institutional economics into a simple sequential entry oligopoly model. This yields interesting insights into qualitative behaviour of firms in the post-reforms period. A few hypotheses drawn from the conceptual framework are empirically tested on the basis of firm-level panel data drawn from a set of Indian industries. - Reproduced.
650			_aIndia - Industries
650			_aIndustry
773			_aJournal of Development Studies
909			_a53110
999			_c53110 _d53110