Does Innovation Matter for Total Factor Productivity Growth in India? Evidence from ARDL Bound Testing Approach

Seenaiah, K and Rath, Badri Narayan (2018) Does Innovation Matter for Total Factor Productivity Growth in India? Evidence from ARDL Bound Testing Approach. International Journal of Emerging Markets. ISSN 1746-8809

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Abstract

The purpose of this paper is to examine whether innovation plays significant role on total factor productivity growth in India at aggregate level. Design/methodology/approach This study first estimates the total factor productivity growth using growth accounting framework. In the second stage, we examine the long-run and short-run impact of innovation on TFP growth using ARDL bound testing approach.

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IITH Creators:	IITH Creators ORCiD Rath, Badri Narayan http://orcid.org/0000-0001-7211-0952
Item Type:	Article
Uncontrolled Keywords:	ARDL, Principal component analysis, Total factor productivity, Error-correction mechanism, Innovation index
Subjects:	Social sciences > Political Science & Economics
Divisions:	Department of Liberal Arts
Depositing User:	Team Library
Date Deposited:	29 Oct 2018 04:36
Last Modified:	03 Jan 2019 05:06
URI:	http://raiithold.iith.ac.in/id/eprint/4497
Publisher URL:	http://doi.org/10.1108/IJoEM-08-2017-0314
OA policy:	http://www.sherpa.ac.uk/romeo/issn/1746-8809/
Related URLs:	Google Scholar

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