This book illustrates how economic theory and statistical tools can be used to understand and evaluate the implications for a developing economy of foreign ownership of enterprises. The author analyzes the interindustry pattern of operations of multinational enterprises (MNEs) in Indian manufacturing within the framework of internalization theory. Using unpublished financial statistics for 49 industries, 15 structural and behavioural variables are examined to demonstrate that MNEs in India have larger scales of operation, enjoy higher profit margins and are more vertically integrated, fund-rich and skill-intensive than their local counterparts.
Rezensionen / Stimmen
`A useful and rewarding case study of FDI in India which should be of interest to all those working in the area of MNEs and LDCs' - The Economic Journal
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ISBN-13
978-0-8039-9183-5 (9780803991835)
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Schweitzer Klassifikation
Introduction
Government Policy and Foreign Direct Investment in India
Foreign Enterprises in Indian Industry
Overall and Sectoral Shares
Determinants of Foreign Shares in Indian Manufacturing
A Test of the Internalization Theory
Discriminating Characteristics of Foreign and Local Enterprises in Indian Manufacturing
Determinants of Profitability of Foreign and Local Enterprises in Indian Manufacturing
Export Behaviour of Foreign and Local Enterprises in Indian Manufacturing
Summary and Conclusions
Postscript
Foreign Direct Investment, Technology Acquisition and Exports
A Comment on Policy
Appendix: The Database: Sources, Methodology and Definitions
