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International Journal of
Commerce and Economics
ARCHIVES
VOL. 3, ISSUE 1 (2021)
Trends & determinants of foreign direct investment (FDI) in BRICS countries: Panel analysis
Authors
Priynaka Sahni, Preeti Sharma
Abstract
The Present study examines the determinants of FDI inflows in BRICS countries by using annual time series data running from 20001-2018. The Study employs Panel Data Analysis and has taken Market size (measured by GDP), Economic Stability (measured by inflation), Trade Openness as potential determinant of FDI inflows. The Model provides a best as two of the variables i.e. Market Size and Economic Stability have taken the expected signs and are significant; but the unexpected sign in case of Trade Openness and its insignificance may indicate towards the need to undertake bold and systemic trade liberalization reforms in BRICS; strengthening the credibility of the reform process.
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Pages:20-26
How to cite this article:
Priynaka Sahni, Preeti Sharma " Trends & determinants of foreign direct investment (FDI) in BRICS countries: Panel analysis ". International Journal of Commerce and Economics, Vol 3, Issue 1, 2021, Pages 20-26
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