Trade Openness, Foreign Direct Investment and Economic Growth: Empirical Evidence from India
Adhyayan: A Journal of Management Sciences
View Archive InfoField | Value | |
Title |
Trade Openness, Foreign Direct Investment and Economic Growth: Empirical Evidence from India
|
|
Creator |
Pal, Brajaballav
|
|
Subject |
FDI, Trade Openness, GDP, Export, Import, Unit root, Johansen co-integration test and Granger causality
|
|
Description |
This paper examines the relationship among GDP, foreign direct investment and trade openness for India using time series data from 2001 to 2016. In this study unit root test is used to solve the problem of stationery and to determine the order of integration between the variables. Johnson co-integration test suggests that there is a long run equilibrium relationship among the variables by considering relationship between Gross Domestic Product (GDP), Foreign Direct Investment (FDI) and Trade Openness (TO). The result indicates that trade openness exerts influence on foreign direct investment. The government and policy makers should take up strategies to attract foreign investment so as to promote economic growth.
|
|
Publisher |
School of Management Sciences
|
|
Date |
2016-12-07
|
|
Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
Format |
application/pdf
|
|
Identifier |
https://www.myresearchjournals.com/index.php/ADHYAYAN/article/view/7047
10.21567/adhyayan.v6i2.7047 |
|
Source |
Adhyayan: A Journal of Management Sciences; Vol 6, No 2 (2016)
2455-8656 2249-1066 |
|
Language |
eng
|
|
Relation |
https://www.myresearchjournals.com/index.php/ADHYAYAN/article/view/7047/6296
|
|