Indias Outward FDI: Macro-economic Determinants of Home Country

Title

Indias Outward FDI: Macro-economic Determinants of Home Country

Creator

Sukanya R.; Suresh G.

Description

Nevertheless, a gap in the literature remains on the choice of investment destination and rationale backing the investment of Indian MNEs. The study examines the diverse home country determinants of outward FDI from low-and middle-income economies also the motive behind the investment of MNEs, which gained little attention in empirical studies. The role of home country determinants investigated for the most recent period, 1991-2019, using a panel data econometric framework. Results indicate that the home country's economic development level, globalization, political risk and science and technology investments significantly correspond to outward FDI from low-and middle-income countries. The present study analysis recommended that low and middle income governments provide incentivesto attract and retain FDI. Indian Institute of Finance.

Source

Finance India, Vol-35, No. 4, pp. 1423-1452.

Date

2021-01-01

Publisher

Indian Institute of Finance

Subject

Currency Reserve; FDI; Interest Rate; Macroeconomic; Openness; R&D; Technology; Trade; Turnover

Coverage

Sukanya R., NMKRV College for Women, 45/1, 22nd Cross, Jayanagar, III Block, Karnataka, Bengaluru, 560011, India; Suresh G., CHRIST (Deemed to be University), Hosur Road, Bhavani Nagar, S.G. Palya, Central Campus, Karnataka, Bangalore, 560029, India

Rights

Restricted Access

Relation

ISSN: 9703772

Format

Online

Language

English

Type

Article

Identifier

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85122280308&partnerID=40&md5=4d19cc416077088243ebd6f1e990de5d