Policy Reforms and Evolution of Market Structure in an Emerging Economy
The Case of India
Bibliographic Data
| ID | 20302728 |
|---|---|
| Authors | Murali Patibandla (0009-0003-6990-4796, Copenhagen Business School, corresponding author) |
| Year | 2002 |
| Volume | 38 |
| Issue | 3 |
| Pages | 95-118 |
| Publication date | 2002-02-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Journal of Development Studies (JOURNAL) |
| Journal identifiers | ISSN: 0022-0388 • E-ISSN: 1743-9140 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00220380412331322361 |
| OpenAlex | W2031897307 |
| Language | EN |
| Citations received | 2 |
| References cited | 9 |
Policy 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 issue of the response mechanism of local firms to competition from new entrant TNCs 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
Business · Competition (biology) · Conceptual framework · Conceptual model · Economic system · Economics · Industrial organization · Market economy · Market structure · Oligopoly · Panel data · Set (abstract data type) · Sociology · Firm Innovation and Growth · Global Financial Crisis and Policies · Global trade and economics
Sunk Costs and Market Structure
Production frontiers with cross-sectional and time-series variation in efficiency levels
Institutions, Institutional Change and Economic Performance
Learning to Industrialize
Limited-dependent and qualitative variables in econometrics
Role of Transnational Corporations in the Evolution of a High-Tech Industry
The measurement and sources of technical inefficiency in the Indonesian weaving industry
Entry-exit, learning, and productivity change Evidence from Chile
The Role of Investment in Entry-Deterrence
| Citations per year | 0.08 |
|---|---|
| Citation span | 2002 - 2004 (3) |
| Highly cited | No |