EN
Impact of Foreign Direct Investment on Sectoral Growth of Indian Economy
Abstract
At the backdrop of expanding economies and in the race of attracting higher investments and enhancing exports, it becomes important to analyse the relationship between Foreign Direct Investment and Growth in terms of output of the economy. A number of studies have been conducted for analysing the relationship and impact of FDI on Growth of the aggregate economy. This paper aims at assessing the impact and relationship of FDI and Growth with each other at the sectoral level. The impact is examined through Panel co-integration test followed by Random effects model. Granger causality test is also applied to assess the causation of each of these. The results indicate that Growth has an impact on FDI but FDI doesn’t have an impact on Growth at the sectoral level.
Keywords
Details
Primary Language
English
Subjects
-
Journal Section
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Publication Date
September 1, 2017
Submission Date
September 1, 2017
Acceptance Date
-
Published in Issue
Year 1970 Volume: 7 Number: 3
APA
Siddiqui, A. A., & Ahmed, S. (2017). Impact of Foreign Direct Investment on Sectoral Growth of Indian Economy. International Journal of Economics and Financial Issues, 7(3), 477-488. https://izlik.org/JA49GB78JA
AMA
1.Siddiqui AA, Ahmed S. Impact of Foreign Direct Investment on Sectoral Growth of Indian Economy. IJEFI. 2017;7(3):477-488. https://izlik.org/JA49GB78JA
Chicago
Siddiqui, Areej Aftab, and Shahid Ahmed. 2017. “Impact of Foreign Direct Investment on Sectoral Growth of Indian Economy”. International Journal of Economics and Financial Issues 7 (3): 477-88. https://izlik.org/JA49GB78JA.
EndNote
Siddiqui AA, Ahmed S (September 1, 2017) Impact of Foreign Direct Investment on Sectoral Growth of Indian Economy. International Journal of Economics and Financial Issues 7 3 477–488.
IEEE
[1]A. A. Siddiqui and S. Ahmed, “Impact of Foreign Direct Investment on Sectoral Growth of Indian Economy”, IJEFI, vol. 7, no. 3, pp. 477–488, Sept. 2017, [Online]. Available: https://izlik.org/JA49GB78JA
ISNAD
Siddiqui, Areej Aftab - Ahmed, Shahid. “Impact of Foreign Direct Investment on Sectoral Growth of Indian Economy”. International Journal of Economics and Financial Issues 7/3 (September 1, 2017): 477-488. https://izlik.org/JA49GB78JA.
JAMA
1.Siddiqui AA, Ahmed S. Impact of Foreign Direct Investment on Sectoral Growth of Indian Economy. IJEFI. 2017;7:477–488.
MLA
Siddiqui, Areej Aftab, and Shahid Ahmed. “Impact of Foreign Direct Investment on Sectoral Growth of Indian Economy”. International Journal of Economics and Financial Issues, vol. 7, no. 3, Sept. 2017, pp. 477-88, https://izlik.org/JA49GB78JA.
Vancouver
1.Areej Aftab Siddiqui, Shahid Ahmed. Impact of Foreign Direct Investment on Sectoral Growth of Indian Economy. IJEFI [Internet]. 2017 Sep. 1;7(3):477-88. Available from: https://izlik.org/JA49GB78JA