Trade Liberalization and Investment in Foreign Capital Goods : A Look at the Intensive Margin
We evaluate the impact of trade liberalization on the intensive margin of the firm’s investment in foreign capital goods. To do so, we use Indian firm-level panel data from a period of a large-scale trade liberalization (1989–1997) to estimate an investment equation using the system-GMM estimator. I...
Main Authors: | , , |
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Format: | Journal Article |
Published: |
Taylor and Francis
2022
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/36812 |