Empirical Analysis of Trade Related Investment Measures On Foreign Direct Investment in India
Journal Title: GJRA-Global Journal For Research Analysis - Year 2015, Vol 4, Issue 7
Abstract
For the last two decades, there has been extensive growth in Foreign Direct Investment (FDI) flows to the developing countries. An increased competition amongst the developing countries to attract FDI, ensuing in higher investment incentives offered by the host governments and removal of restrictions on operations of foreign firms in their countries. WTO has provided Trade Related Investment Measures (TRIMs) for global level investment. FDI is governed by provisions of TRIMs in host country. TRIMs were proposed by the India in the 1995 Uruguay Round as a way to create a better investment environment in India. In this scenario, the question is addressed by this study that how effective is this investment agreements in attracting FDI flows to developing countries like India? To answer this, the present study has considered the impacts of the TRIMs in India by taking time series data for the period 1991-2010. For this, the present paper is divided into three parts : In First one reviews of literature has been studied for relevant variables, the second one examines the linkages of these variable with FDI, whereas, the third part discusses about methodology, model building and data analysis. Using Ordinary Least Square linear equation, the explanatory variables are regressed to test the significance of these variables. The multiple regression analysis has been used and the regression results indicated that Export performance requirement(volume of export), Technology Transfer Requirements (Expenditure on R&D and No of M&A in Manufacturing sectors), Foreign Exchange Balancing Requirements(liquidity position, Exchange Rate) Local content requirements (Number of SSI units in millions), TRIMs Agreement (WTO membership) are significant in explaining FDI inflows in India, whereas, Trade balancing requirements(current A/C balance % GDP, Debt/Export) are significant but have negative relationship in explaining FDI inflows in India.
Authors and Affiliations
Abhipsa Vagadia, Prof. (Dr. ) Sandip Solanki
Keywords
Related Articles
- EP ID EP600633
- DOI -
- Views 81
- Downloads 0
A STUDY ON A CASE OF ASTROCYTOMA WITH MICROSCOPIC CALCIFICATIONS (PSAMMOMA BODIES)
This paper presents the case of a 46 years old male patient with a history of generalized tonic –clonic seizure, progressive loss of memory and diminished vision induced by densely calcied intra-axial tumor located at t...
EFFECT OF VARIOUS PHASES OF MENSTRUAL CYCLE ON ELECTROCARDIOGRAM IN 18-22 YEARS HEALTHY FEMALES
Background: During the menstrual cycle phases changes in the levels of female sex hormones mainly estrogens and progesterone, have some possible inuence over the clotting and brinolytic activity of the blood, rhythmici...
ANTI BACTERIAL EFFECT OF SILVER NANOPARTICLE ON MRSA ISOLATES FROM ORAL INFECTIONS
Aim of our study is to evaluate the antibacterial activity of silver Nano particle(Ag-NPs) against MRSA strains recovered from patients with oral infections Material and Methods:- Samples were collected from Patients at...
Plant activator and silicon nutrient mediated resistance against powdery mildew of Black gram (Vigna mungo L. Hepper)
Black gram is an important pulse crop grown under rainfed conditions and it is mostly affected by powdery mildew disease caused by Erysiphe polygoni. Field evaluation of plant activators, silicon nutrients and tridemorph...
COMPUTER AIDED DRUG DESIGNING: ANALYSIS ON MYCOBACTERIUM TUBERCULOSIS PROTEIN KINASE B (PKNB) COMPLEXED WITH IN SILICO GENERATED COMPOUND 'DOHARENE'
Mycobacterium tuberculosis is the pathogen responsible for tuberculosis (TB) resulting in 2 million deaths per year. PknB is a protein kinase involved in control of cell growth and viability of the bacterial infection. H...