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Foreign Investment Inflows And Industrial Sector Growth In India- An Empirical Study

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  • Mousumi Bhattacharya

Abstract

The paper aims to study the causal relationship between foreign investment inflows and industrial sub-sectors growth pattern of the Indian economy during the post liberalization period (1996-97:Q1 to 2009-10:Q2). The stationarity of the variables being checked than Granger causality test is conducted in a multivariate VAR framework at VECM form to identify if any causal relationship is there amongst the variables. Regression analysis is also done with the same dataset. It is seen that industrial sector at the sub-sectoral level influences foreign investment inflows.

Suggested Citation

  • Mousumi Bhattacharya, 2012. "Foreign Investment Inflows And Industrial Sector Growth In India- An Empirical Study," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(14), pages 1-17.
    • Handle: RePEc:alu:journl:v:1:y:2012:i:14:p:17
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    References listed on IDEAS

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    More about this item

    Keywords

    Foreign investment inflows; Granger causality; industrial sector growth;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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