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100 _aBehera, Harndra Kumar gopalakrishnan, Pawan and Narayanan, Abhinav
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245 _aDoes competition spur investment? : Evidence from INDIA’S manufacturing industries
260 _aEconomic & Political Weekly
300 _a61(16), Apr 18, 2026: p.90-96
520 _aThis paper examines whether greater market competition stimulates investment. Cross-country evidence suggests that higher levels of competition are associated with increased investment rates, particularly in emerging economies and in contexts characterised by low baseline investment. Industry-level evidence from India’s manufacturing sector similarly indicates a positive association between competition and investment. Notably, the effects of competition appear to be concentrated in export-oriented and digitally intensive industries. From a policy perspective, these findings point to the need for an industrial strategy that integrates competition policy with targeted investment incentives to support sustained investment growth.-Reproduced https://www.epw.in/journal/indias-industrial-transformation/does-competition-spur-investment.html
773 _aEconomic & Political Weekly
942 _cAR