FDI and Economic Growth in India

By: Narayan Sethi & Sanhita Sucharita (Authors)

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The gains from FDI inflows are unquestionable as it contributes to economic growth through an increase in productivity by providing new investments, better technologies and managerial skills to the host country. While the trade liberalization facilitates economic growth through efficiency in production by utilizing the abundant factors of production more effectively and absorbing better technologies from advanced countries on the one hand, it may harm the growth process through various forms of macro-economic instability and balance of payments crisis, on the other. Thus, it is a challenge for developing countries like India to explore the role FDI and trade liberalization should play in the country’s economic growth. This book examines the relationship between FDI and economic growth in Indian context, and also identifies the motivating factors and problems of FDI inflows. We employ bi-variate regression and ordinary least squares (OLS) estimation to examine the effect of FDI on GDP growth using the data for the period 1974-2011. The results show that FDI is positively correlated with GDP growth and has positive effect on economic growth too. The book will interest both policy makers and students and teachers of economics alike. Printed Pages: 264.

Title: FDI and Economic Growth in India

Author Name: Narayan Sethi & Sanhita Sucharita (Authors)

Categories: India, Economics,

Publisher: New Delhi, Rawat Publications: 2013

ISBN: 8131605906

ISBN 13: 9788131605905

Binding: Hardcover

Book Condition: New

Jacket Condition: New

Seller ID: 701739

Keywords: FDI and Economic Growth in India Narayan Sethi & Sanhita Sucharita (Authors)