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Does FDI Really Matter to Economic Growth in India ?
| Content Provider | Semantic Scholar |
|---|---|
| Author | Choi, Yoon Jung Baek, Jinwook |
| Copyright Year | 2017 |
| Abstract | The main contribution of this article is to examine the productivity spillover effects from India’s inward foreign direct investment (FDI), controlling for trade, in the framework of the cointegrated vector autoregression (CVAR). For this purpose, using the Solow residual approach the aggregate total factor productivity (TFP) in India is estimated to measure FDI-induced spillovers. The results show that the inflow of FDI to India indeed improves TFP growth through positive spillover effects. We also find that trade appears to have a detrimental effect on TFP growth in India. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://www.mdpi.com/2227-7099/5/2/20/pdf |
| Language | English |
| Access Restriction | Open |
| Subject Keyword | Aggregate data Autoregressive model CVAR Direct inward dial Eye foreign bodies Fault detection and isolation Fetal Growth Retardation Knowledge spillover Total functional programming Vector autoregression |
| Content Type | Text |
| Resource Type | Article |