A Cross-Country Comparison of Factors Affecting Foreign Portfolio Investment in Emerging Economies: In the Case of Bangladesh, China, India, and Pakistan
Muhammad Afaq Haider
Journal of Management and Sustainability, 2016, vol. 6, issue 4, 79-87
Abstract:
Foreign Portfolio Investment (FPI) plays vital role in prosperity of any economy. The importance of FPI becomes even more crucial when, the subject country is in its developing phase, and in the process of exhausting its resources which are not utilized yet. Moreover, do these factors have similar effect on FPI across counties or not? We have used Multiple Linear Regression Models for China, India, Pakistan and Bangladesh, being emerging economies within the same region to examine FPI¡¯s determinants. The study found that GDP growth, External Debt, Population growth, and Inflation are the main factors that affect FPI. Moreover, it is also found that there is different relation of similar factor across the countries, which is due the socio-economic, geographic, and geo-political differences among the subject countries.
Keywords: foreign portfolio investment; Inflation; economic growth (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.ccsenet.org/journal/index.php/jms/article/view/62855/34878 (application/pdf)
http://www.ccsenet.org/journal/index.php/jms/article/view/62855 (text/html)
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:ibn:jmsjnl:v:6:y:2016:i:4:p:79-87
Access Statistics for this article
More articles in Journal of Management and Sustainability from Canadian Center of Science and Education Contact information at EDIRC.
Bibliographic data for series maintained by Canadian Center of Science and Education ().