ARCHIVES
VOL. 6, ISSUE 2 (2024)
Analysing the impact of macroeconomic stability of India on FDI
Authors
Manjinder Kaur, Navpreet Kulaar
Abstract
The present study focuses on exploring the key determinants of foreign
direct investment (FDI) inflows into India using ordinary least-square (OLS)
regression based on monthly observations from January 2008 to December 2022.
The results bring out that the Indian interest rate (INTd), foreign
inflation (PPI), foreign money supply (MSf), foreign exchange
reserves (FEX) and economic growth of India (IIP) are positively associated
with FDI inflows into India. However, foreign interest rate (INTf)
and host country’s inflation (CPI) as well as its money supply (MSd)
are negatively associated with FDI inflows. The findings imply that the
government of India should allocate more funds to further raise the economic growth
and foreign exchange reserves and should also emphasise on opening up of
sectors such as defence and real estates for FDI inflows.
Download
Pages:25-28
How to cite this article:
Manjinder Kaur, Navpreet Kulaar "Analysing the impact of macroeconomic stability of India on FDI". International Journal of Commerce and Economics, Vol 6, Issue 2, 2024, Pages 25-28
Download Author Certificate
Please enter the email address corresponding to this article submission to download your certificate.