Foreign Direct Investment and the Macroeconomy in India
Material type: TextDescription: 45-59 ppSubject(s): In: MURTHY, E N APPLIED ECONOMICSSummary: The present study seeks to identify the determinants of Foreign Direct Investment (FDI) flows into India, and also to understand the structural paths between FDI inflows and macroeconomic variables. While regression models are estimated for identifying the determinants, Structural Equation Modeling (SEM) has been employed to trace the structural paths. The study, based on monthly data from August 1994 to May 2015, finds that exports, savings with commercial banks, money supply, exchange rate and inflation rate stand out as significant determinants of FDI flows into India after globalization. The study also identifies 19 significant paths between FDI inflows and different macroeconomic variables. Finally, the paper discusses some of the policy suggestions for better FDI flow into India.Item type | Current library | Call number | Vol info | Status | Notes | Date due | Barcode | Item holds | |
---|---|---|---|---|---|---|---|---|---|
Journal Article | Main Library | Vol 17, No 3/ 5559332JA3 (Browse shelf(Opens below)) | Available | 5559332JA3 | |||||
Journals and Periodicals | Main Library On Display | JOURNAL/ECO/Vol 17, No 3/5559332 (Browse shelf(Opens below)) | Vol 17, No 3 (21/09/2018) | Not for loan | July, 2018 | 5559332 |
Browsing Main Library shelves Close shelf browser (Hides shelf browser)
The present study seeks to identify the determinants of Foreign Direct Investment (FDI) flows into India, and also to understand the structural paths between FDI inflows and macroeconomic variables. While regression models are estimated for identifying the determinants, Structural Equation Modeling (SEM) has been employed to trace the structural paths. The study, based on monthly data from August 1994 to May 2015, finds that exports, savings with commercial banks, money supply, exchange rate and inflation rate stand out as significant determinants of FDI flows into India after globalization. The study also identifies 19 significant paths between FDI inflows and different macroeconomic variables. Finally, the paper discusses some of the policy suggestions for better FDI flow into India.
There are no comments on this title.