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Bivariate Causality between FDI Inflows and Economic Growth in India Since 1990

Bivariate Causality between FDI Inflows and Economic Growth in India Since 1990

Behrooz Shahmoradi, Enayatallah Najibzadehr
Copyright: © 2010 |Pages: 3
ISBN13: 9781605669960|ISBN10: 1605669962|ISBN13 Softcover: 9781616922597|EISBN13: 9781605669977
DOI: 10.4018/978-1-60566-996-0.ch015
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MLA

Shahmoradi, Behrooz, and Enayatallah Najibzadehr. "Bivariate Causality between FDI Inflows and Economic Growth in India Since 1990." Pervasive Computing for Business: Trends and Applications, edited by Varuna Godara, IGI Global, 2010, pp. 221-223. https://doi.org/10.4018/978-1-60566-996-0.ch015

APA

Shahmoradi, B. & Najibzadehr, E. (2010). Bivariate Causality between FDI Inflows and Economic Growth in India Since 1990. In V. Godara (Ed.), Pervasive Computing for Business: Trends and Applications (pp. 221-223). IGI Global. https://doi.org/10.4018/978-1-60566-996-0.ch015

Chicago

Shahmoradi, Behrooz, and Enayatallah Najibzadehr. "Bivariate Causality between FDI Inflows and Economic Growth in India Since 1990." In Pervasive Computing for Business: Trends and Applications, edited by Varuna Godara, 221-223. Hershey, PA: IGI Global, 2010. https://doi.org/10.4018/978-1-60566-996-0.ch015

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Abstract

Nowadays, most of the countries in the world mostly concentrate on the flow of FDI, because it has direct relationship with economic development. The present study attempts to make a contribution in this context, by analyzing the existence and nature of causalities, if any, between FDI and economic growth in India since 1990, where growth of economic activities and FDI has been one of the most pronounced. The results indicate that there is a strong correlation between FDI inflows and GDP in India. And also there is unidirectional causal relation between FDI and GDP. Finally as co-integration shows there is no long run relationship between FDI and economic growth in India.

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