A SUR Analysis of Investment and Institutional Variables

Rahul Choudhury () and Dinkar Nayak

Chapter 7 in Trade and Investment in South Asia:An Analysis, 2019, pp 155-174 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Having tested the Granger causality between trade and FDI in the SAARC region in the last chapter, the current chapter makes an attempt to understand the relationship in a little deeper. The chapter tries to capture the role of various institutional variables proposed by Heritage Foundation in promoting FDI in the SAARC region. The chapter applies SUR model to investigate the relationship and role of these variables.

Keywords: South Asia; Foreign Direct Investment; South Asian Association for Regional Cooperation; SAARC; South Asian Free Trade Area; SAFTA; FDI; Ease of Doing Business; South Asian Policy (search for similar items in EconPapers)
JEL-codes: F13 F4 P45 (search for similar items in EconPapers)
Date: 2019
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