Determinant Factors of Export Intensity on Indian Textiles
DOI:
https://doi.org/10.15410/aijm/2018/v7i2/128550Keywords:
Export Intensity, Hausman Test, Longitudinal Panel Data, Random Effects Estimator, Technology, R&DAbstract
With the end of ATC Act (1995) in 2005, the industry went through a phase of reforms, to integrate with global market. This paper uses data of 1591 firms obtained from Prowess (CMIE) for the period 2002 - 17 to examine the determinants relating to exports in Indian Textile industry. Variables estimation is carried under both ‘Fixed and Random’ effect specifications and propose a Hausman test which compares these two model accountings for disturbances. ‘Foreign earnings’, R&D intensity & Capital intensity are found to be major factors for a firm to invest in technology, plant and machinery to increase exports of goods and total revenue of the firm.Downloads
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