EconPapers    
Economics at your fingertips  
 

The role of diaspora in attracting Indian outward FDI

Amar Anwar () and Mazhar Mughal ()

International Journal of Social Economics, 2013, vol. 40, issue 11, 944-955

Abstract: Purpose - – This paper aims to examine the Indian migrants' role in attracting outward foreign direct investment (OFDI) from India to their respective host countries. Diasporas play a crucial role in augmenting trade, foreign direct investment and prosperity of a country. They facilitate acquisition and exchange of technical knowhow, market information and physical capital, and are therefore considered as social capital. Design/methodology/approach - – This paper employs mixed effect model using data for the period 1999-2008. Findings - – This paper finds that the presence of Indian diaspora has a substantial positive effect on the volume of Indian overseas investments in the developed countries. This is particularly the case with Indian OFDI to Asia Pacific, whereas those to Europe appear to be affected by the Indian migrant community only in the presence of bilateral investment treaties (BITs). The author findings highlight the role of Indian diaspora in promoting trade and investment links between India and other Asia Pacific countries. Originality/value - – This is the first empirical analysis of the role of Indian overseas community in attracting Indian OFDI.

Keywords: India; Diaspora; Foreign direct investment (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed

Downloads: (external link)
http://www.emeraldinsight.com/10.1108/IJSE-11-2011 ... RePEc&WT.mc_id=RePEc (text/html)
Access to full text is restricted to subscribers

Related works:
Working Paper: The Role of Diaspora in Attracting Indian Outward FDI (2013)
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:eme:ijsepp:v:40:y:2013:i:11:p:944-955

Ordering information: This journal article can be ordered from
Emerald Group Publishing, Howard House, Wagon Lane, Bingley, BD16 1WA, UK
http://www.emeraldinsight.com/ijse.htm

Access Statistics for this article

International Journal of Social Economics is currently edited by Dr Colin Tyler and James Connelly

More articles in International Journal of Social Economics from Emerald Group Publishing
Bibliographic data for series maintained by Virginia Chapman ().

 
Page updated 2019-11-12
Handle: RePEc:eme:ijsepp:v:40:y:2013:i:11:p:944-955