Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/320414 
Autor:innen: 
Erscheinungsjahr: 
2025
Schriftenreihe/Nr.: 
Kiel Working Paper No. 2294
Verlag: 
Kiel Institute for the World Economy (IfW Kiel), Kiel
Zusammenfassung: 
This paper investigates the impact of services sector liberalization on product innovation of downstream manufacturing firms. Leveraging firm-product panel data from India and employing a shift-share research design, I find that services liberalization significantly increases firms' product portfolio. Allowing foreign investments in the banking sector decreases firm's credit-constraint and increases the amount of interest payments on short-term loans. This shows that services liberalization reduces firms' fixed costs of product innovation. Firms diversify into input-similar industries which changes the distribution of sales across products with the core product experiencing the most pronounced decline in the sales share.
Schlagwörter: 
Product mix
services liberalization
India
JEL: 
F10
F61
D22
L8
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
1.31 MB





Publikationen in EconStor sind urheberrechtlich geschützt.