Artikel
Does FDI really matter to economic growth in India?
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.
- Sprache
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Englisch
- Erschienen in
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Journal: Economies ; ISSN: 2227-7099 ; Volume: 5 ; Year: 2017 ; Issue: 2 ; Pages: 1-9 ; Basel: MDPI
- Klassifikation
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Wirtschaft
Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
Empirical Studies of Trade
- Thema
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cointegrated VAR
FDI
India
total factor productivity
- Ereignis
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Geistige Schöpfung
- (wer)
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Choi, Yoon Jung
Baek, Jungho
- Ereignis
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Veröffentlichung
- (wer)
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MDPI
- (wo)
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Basel
- (wann)
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2017
- DOI
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doi:10.3390/economies5020020
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Choi, Yoon Jung
- Baek, Jungho
- MDPI
Entstanden
- 2017