This paper examines the local firms productivity spillover from foreign direct investment (FDI) based on a cross-industry analysis of Indian manufacturing. The results are based on dynamic panel models and indicate that foreign presence itself raises the local firm's labour productivity within...

The paper attempts to explore the technology spillover effects of Foreign Direct Investment (FDI) in Indian manufacturing industries across different selected clusters in India. To measure the spillover effect to domestic firms in a particular cluster, a model is used that combines an innovative...