学术讲座
经济贸易系Seminar 2017年第22期(总第51期):Financing Sources, R&D and Exporting Decisions of Indian Manufacturing Firms
2017-12-05  作者:朱汉彬  访问次数:55
主  题:Financing Sources, R&D and Exporting Decisions of Indian Manufacturing Firms
主讲嘉宾:杨树斌 讲师
主 持 人:吴英娜 副教授
时  间:2017年12月7日(周四) 14:30-15:30
地  点:文泉楼北楼311
主办单位:经济贸易系
  
嘉宾简介:杨树斌,女,2017年获诺丁汉大学经济学博士学位。主要研究领域为国际贸易学,目前研究论文主要是贸易对区域间企业生产率趋同的影响,以及企业金融对出口,OFDI和R&D决策的影响等。
 
内容简介:This study investigates the role of financing sources on firms’ joint decision to invest in R&D and to export, using a panel data of manufacturing firms from India during 2002-2010. We estimate a dynamic bivariate probit model, and find that firms with higher internal financing are more likely to engage in R&D investment and exporting, while the effects of external financing sources are not statistically significant, providing evidence for the pecking order theory. We further investigate the impact of financial reforms in India, and find a weak effect of the financial reforms in reducing the effects of internal sources on exporting.