Technology Expenditures, Factor Intensity, and Efficiency in Indian Manufacturing
利用企业数据研究印度制造业中研发和技术购买支出对成本的影响，发现技术支出对效率和资本劳动比的影响因行业、支出类型及国内外来源而异。
The effects of expenditure on R&D and purchase of technology on costs in Indian manufacturing is investigated using firm-level data. Expenditures for R&D, royalties, and technical fees are treated as potentially inducing both Hicks-neutral efficiency shifts and substitution between capital and labor in an indirect cos t function framework. The effects of technology expenditure are found to vary by industry, by type of expenditure, and by domestic or foreign origin of seller. Technology expenditures associated with higher levels of Hicks-neutral efficiency are generally also associated wit h higher capital-labor ratios. Copyright 1992 by MIT Press.