University Research Scholar, Department of Economics, K.U., Kurukshetra - 136119
Online published on 26 September, 2013.
The present study attempts to empirically examine the determinants of FDI in India by taking time series data for the period 1992–93 to 2008–09. It applies Ordinary Least Square (OLS) method for this purpose. The empirical results indicate that GDP, inflation and Trade Openness are important factors in attracting FDI inflows in India during post-reform period whereas Foreign Exchange Reserves are not important factors in explaining FDI inflows in India.
Foreign Direct Investment, Inflation, Gross Domestic Product, Spillover, Trade Openness, Foreign Exchange Reserves