MARC details
| 000 -LEADER |
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| fixed length control field |
01835nab a2200205 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
190918b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Sahu, Tarak Nath |
| 245 ## - TITLE STATEMENT |
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| Title |
Foreign Direct Investment and Indian Economic Growth |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Place of publication, distribution, etc |
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| Name of publisher, distributor, etc |
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| Date of publication, distribution, etc |
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| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
80-91 p |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc |
The present study investigates the impact of the foreign direct investment (FDI) on Indian<br/>economic development during the period 1981 to 2016. The annual data of Index of Industrial<br/>Production (IIP) have been considered as a proxy of Indian economic development. The<br/>estimated results of the Johansen’s cointegration test and vector error correction model<br/>(VECM) suggest that there exists a long-run positive cointegrating relationship between FDI<br/>and IIP. The result of the VECM indicates that any change in the value of FDI causes to change<br/>the value of IIP in the long run. But in the long run, change in IIP does not have any causal<br/>effect on FDI. The results of short-run causality test among the variables based on Granger<br/>causality test shows a bidirectional short-run causal relationship between FDI and IIP, that is<br/>in short-run the value of FDI significantly affect the movement of IIP and vice versa. So, with<br/>the help of the estimated results, the study concludes that FDI plays a crucial role in enhancing<br/>the economic growth and development of the country, as the flow of FDI leads to improve<br/>the economic development indicator used in this study. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Foreign direct investment |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Index of industrial production |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Economic development |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Indian Economy |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Time Series Analysis |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
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| Personal name |
Pandey, Krishna Dayal |
| 773 0# - HOST ITEM ENTRY |
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| Host Biblionumber |
86438 |
| Place, publisher, and date of publication |
Shillong IIMS Shillong |
| Other item identifier |
S88612 |
| Title |
IIMS Journal of Management Science; 9(1) Jan - April 2018 |
| International Standard Serial Number |
0976030X |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Source of classification or shelving scheme |
Dewey Decimal Classification |
| Item type |
Articles |
