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100 _aJena, Pabitra Kumar
_932807
245 _aForeign Direct Investment and the Macroeconomy in India
300 _a45-59 pp
520 _aThe 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.
653 _aForeign Direct Investment (FDI)
653 _aStructural Equation Modeling (SEM)
700 _aMishra, Bikash Ranjan
_932808
700 _aPadh, Vimarsh
_932809
773 0 _030428
_972618
_aMURTHY, E N
_dIUP PUBLICATION HYDERABAD
_o5559332
_tAPPLIED ECONOMICS
942 _2ddc
_cJA-ARTICLE