ASSESSING THE COMPETITIVENESS OF FIRMS IN THE INDIAN MANUFACTURING SECTOR: AN INTER INDUSTRY ANALYSIS

Pradipta Kumar Sahoo (), Badri Rath and Iet Le ()
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Pradipta Kumar Sahoo: Indian Institute of Technology Hyderabad
Iet Le: Swinburne University of Technology

Bulletin of Monetary Economics and Banking, 2021, vol. 24, issue 4, 541-558

Abstract: This study measures the competitiveness of Indian manufacturing industries by covering 650 firms from 11 industries using the composite index approach. Firms are classified into two broad groups based on labor-capital intensity and ownership. The study found that capital-intensive industries are more competitive than labor-intensive industries. With regards to ownership of firms, the study finds that foreign-owned firms are more competitive than domestic firms. The study also divides the sample into two sub-periods based on India’s Competition Act 2002. The results reveal that competitiveness has slightly increased after the implementation of the Act.

Keywords: Competitiveness; ICI index; Labor-intensive; Capital-intensive (search for similar items in EconPapers)
JEL-codes: D21 D24 D41 L25 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:idn:journl:v:24:y:2021:i:4c:p:541-558

DOI: 10.21098/bemp.v24i4.1678

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