EXTENSIVE ROLE OF FOREIGN DIRECT INVESTMENT IN DEVELOPMENT OF INDIAN ECONOMY

Amit Saini (), Pankaj Madan and S. K. Batra
Additional contact information
Amit Saini: Uttrakhand Technical University, Dehradun, Uttrakhand
Pankaj Madan: Gurukul Kangri University, Faculty of Management Studies Haridwar, Uttrakhand
S. K. Batra: SMJN (PG) College, Department of Commerce, Haridwar, Uttrakhand, India

UTMS Journal of Economics, 2016, vol. 7, issue 2, 209-220

Abstract: Since 2001, the extensive growth in domestic economy were potentially associated with the scale of foreign direct inflows that were largely interconnected with industrial growth, re-shuffling investment policies, and vailability of large market size in India. However, the government remained much restrictive earlier in these issues to protect the domestic entrepreneurs along with to promote the self-efficacy among individuals. Within this framework, this paper is being prepared to observe the degree of effect of foreign direct investment inflow over successive economic parameters such as gross domestic product and Export. Moreover, to define such interconnection, the generalized linear model econometric model has been developed to analyze the overall effect and uni-variate effect over three categorical factors i.e. country, year and foreign direct investment itself. Finally, the results shown, the consistent foreign direct investment inflows is the result of successive years that led to increase the prestige of gross domestic products and Export in many folds during a period from 2000 to 2012.

Keywords: extensive growth; generalized linear mode; financial needs; policies framework; gross domestic product (search for similar items in EconPapers)
JEL-codes: F15 F21 F35 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://utmsjoe.mk/files/Vol.%207%20No.%202/UTMSJOE ... aini-Madan-Batra.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:utmsje:0187

Access Statistics for this article

UTMS Journal of Economics is currently edited by Prof. Ace Milenkovski, PhD

More articles in UTMS Journal of Economics from University of Tourism and Management, Skopje, Macedonia Contact information at EDIRC.
Bibliographic data for series maintained by Assistant Professor. Dejan Nakovski, PhD ().