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A SUR Analysis of Investment and Institutional Variables

In: Trade and Investment in South Asia An Analysis

Author

Listed:
  • Rahul Choudhury
  • Dinkar Nayak

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.

Suggested Citation

  • Rahul Choudhury & Dinkar Nayak, 2019. "A SUR Analysis of Investment and Institutional Variables," World Scientific Book Chapters, in: Trade and Investment in South Asia An Analysis, chapter 7, pages 155-174, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811206573_0007
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    More about this item

    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;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • P45 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - International Linkages

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