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| Article Name : | | | Long-term Linkages Between Fdi Inflows And Macro-economic Variables- A Case For India | | Author Name : | | | Deepali Karmali | | Publisher : | | | Ashok Yakkaldevi | | Article Series No. : | | | GRT-2946 | | Article URL : | |  | Author Profile View PDF In browser | | Abstract : | | | :The increasingly significant role of Foreign Direct Investment in the growth dynamics of countries has created much research interest among scholars and quiet a few studies are focused on the determinants of Foreign Direct Investment. Literature studies have identified the following factors namely comparative labour costs, country size, economic openness, nature of exchange rate regime, return on investment and political factors as major determinants of FDI. Many press reports suggest that India has been perceived as one of popular destination by European and American investors, though initially due to rigid economic policies, high barriers, India had not managed to attract huge foreign investment. Studies have also pointed out potential benefits of Foreign Direct Investment in terms of job creation opportunities, technology transfers, growth and development. In wake of this our paper aims to study trend in foreign direct investment in India from 1985 to 2012. Our study hypothesises long term linkages between foreign direct investment and GDP, Inflation rate, external debt, exchange rate and trade openness. For the purpose of study cointegration approach have been used. | | Keywords : | | - Micro-Electro-Mechanical Systems,nuclear-Technology,
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