Research and Development Intensity and its Impact on the International Trade Performance of Automobile Firms
Keywords:
Research and Development, International Trade, Correlation, Regression and Granger CausalityAbstract
International Trade focuses on the resources of the globe and objectives of the organisations on global business opportunities and threats, in order to produce buy, sell or exchange of goods or services world-wide. The objective of the study is to examine the level of impact of the Research and Development activities on the Export Performance of the sample firms. Data for the study was collected from CMIE Prowess Database for the period of 10 years from 2008 to 2017. The statistical tools namely Correlation, Regression and Granger Causality were used for the study. The study revealed that the Research and Development activities did not have its impact on the Export Performance of the sample firms during the study period.
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