Economics, Econometrics and Finance
8 years ago

India's IT Boom Fuels National Development Through Agglomeration Economies

Scale and Scope Externalities in Growth of IT Industries in India: An Agglomeration Perspective
Robert J. Kauffman, Ajay Kumar

Paper Summary

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The growth of IT industries in India benefits from scale and scope externalities, where firms in the same industry or different industries located close to each other experience positive effects. The study focused on four IT sectors and found that their growth has positively impacted national development.