References
- Agrawal, G. (2015). Foreign direct investment and economic growth in BRICS economies: A panel data analysis. Journal of Economics Business, and Management, 3, 2301–3567.
- Arellano, M., Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies, 58, 277.
- Arita, S. (2013). Do emerging multinational enterprises posses south-south FDI advantages? International Journal of Emerging Markets, 4, 329–353.
- Asideu, E., & Lien, D. (2004). Capital controls and foreign direct investments. World Development, 32, 479–490. doi:10.1016/j.worlddev.2003.06.016
- Banik, A. (2003). Foreign direct investment inflows to India and China: Trends, assessments and determinants. Savings & Development, 27, 5–22.
- Bevan, AA., & Saul, E. (2000). The determinants of foreign direct investment in transition economies. Working Paper No. 342. William Davidson Institute.
- Blomstrom, M., Lipsey, R.E., & Zejan, M. (1994). What explains developing country growth? In W.J. Baumol (Ed.), Convergence of productivity: Cross-national studies and historical evidence (9th ed.) New York: Oxford University Press, Incorporated.
- Borensztein, E., Gregorio, J.D., & Lee, J.W. (1998). How does foreign direct investment affect economic growth? Journal of International Economics, 45, 115–135. doi:10.1016/S0022-1996(97)00033-0
- Bose, S., & Kohli, B. (2018). Study of FDI trends and patterns in BRICS economies during the period 1995–2015. Emerging Economy Studies, 4, 78–101. doi:10.1177/2394901518769225
- Cevis, I., & Camurdan, B. (2007). The economic determinants of foreign direct investment in developing countries and transition economies. The Pakistan Development Review, 46, 285–299. doi:10.30541/v46i3pp.285-299
- Chakraborty, C., & Basu, P. (2002). Foreign direct investment and growth in India: a cointegration approach. Applied Economics, 34, 1061–1073. doi:10.1080/00036840110074079
- Cheng, L.K., & Kwan, Y.K. (2000). What are the determinants of the location of foreign direct investment? The Chinese experience. Journal of International Economics, 22, 222–234. doi:10.1016/S0022-1996(99)00032-X
- Frenkel, M., Funke, K., & Stadtman, G. (2004). A panel analysis of bilateral FDI inflows to emerging economies. Economic Systems, 28, 281–300. doi:10.1016/j.ecosys.2004.01.005
- Grohand, A.P., & Wich, M. (2012). Emerging economies attraction of foreign direct investment. Emerging Markets Review, 13, 210–229. doi:10.1016/j.ememar.2012.03.005
- Haydariuglu, C. (2016). The effect of foreign direct investment and economic freedom on economic growth: The case of BRICS countries. Research in World Economy, 7, 1–10.
- Im, K.S., Pesaran, M.H., & Shin, Y.C. (2003). Testing for unit roots in heterogeneous panels. Journal of Econometrics, 115, 53–446. doi:10.1016/S0304-4076(03)00092-7
- Jadhav, P. (2012). Determinants of foreign direct investment in BRICS economies: Analysis of economic, institutional and political factors. Procedia - Social and Behavioral Sciences , 37, 5–14. doi:10.1016/j.sbspro.2012.03.270
- Khachoo, A.Q., & Khan, M.I. (2012). Determinants of FDI Inflows to developing countries: A panel data analysis. MPRA Paper, (No.37278).Munich Personal RePEc Archive
- Kinoshita, Y., & Campos, N.F. (2003). Why does FDI go where it goes? New evidence from the transition economies (Working Paper No 573). William Davidson Institute: United Kingdom.
- Kishor, N., & Singh, R.,P. (2015). Determinants of FDI and its impact on BRICS countries: A panel data approach. Transnational Corporations Review, 7, 269–278. doi:10.5148/tncr.2015.7302
- Kumari, R., & Sharma, A. (2017). Determinant of foreign direct investment in developing countries: A panel data study. International Journal of Emerging Markets, 12, 658–682. doi:10.1108/IJoEM-10-2014-0169
- Labes, S.A. (2015). FDI determinants in BRICS (CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, VII (2)).
- Meyer, K.E., & Sinani, E. (2009). When and where does foreign direct investment generate positive spillovers & quest; A meta-analysis. Journal of International Business Studies, 40, 1075–1094. doi:10.1057/jibs.2008.111
- OECD. (2008). Benchmark definition foreign direct investment (4th ed.). Paris, France: Organisation of Economic Cooperation and Development.
- Outward Direct Investment from India: Trends, Objectives and Policy Perspectives. (2014). Export-Import Bank of India, New Delhi (Occasional Paper No (165)).
- Paswan, N.K. (2013). Investment cooperation in Central Asia: Prospects and challenges. India Quarterly: A Journal of International Affairs, 69, 13–33. doi:10.1177/0974928412472101
- Pesaran, M.H., Shin, Y.C., & Smith, R.J. (1999). Pooled mean group estimation of dynamic heterogeneous panel. Journal of American Statistical Association, 94, 79–113.
- Pesaran, M.H., & Smith, R.J. (1995). Estimating long-run relationships from dynamic heterogeneous panels. Journal of Econometrics, 68, 79–113. doi:10.1016/0304-4076(94)01644-F
- Phillips, P., & Moon, H. (2000). Non-stationary panel data analysis: An overview of some recent developments. Econometric Reviews, 19, 263–286. doi:10.1080/07474930008800473
- Popa, D., & Carp, L. (2013). The influence of foreign trade and foreign direct investment on brics economic growth. Paper presented at the Global Virtual Conference, Romania.
- Ranjan, V., & Agrawal, G. (2011). FDI inflow determinants in BRIC countries: A panel data analysis. International Business Research, 4, 255–263. doi:10.5539/ibr.v4n4p255
- Sahoo, P. (2006). Foreign direct investment in South Asia: Policy, trends, impact and determinants (Discussion Paper No. 56). ADB Institute, Asian Development Bank, Manila.
- Sahoo, P., & Dash, R.K. (2009). Infrastructure development and economic growth in India. Journal of the Asia Pacific Economy, 14, 351–365. doi:10.1080/13547860903169340
- Singhania, M., & Gupta, A. (2011). Determinants of foreign direct investment in India. Journal of International Trade Law and Policy, 10, 64–82. doi:10.1108/14770021111116142
- Tintin, C. (2013). The impact of import competition on Japanese manufacturing employment. Journal of the Japanese an International Economies, 17, 118–133.
- VijayKumar, N., Sridharan, P., & Rao, K.,C. (2010). Determinants of FDI in BRICS countries: A panel analysis. International Journal of Business Science and Applied Management, 5, 1–13.
- World Development Indicators, World Bank. Retrieved from https://datacatalog.worldbank.org/dataset/world-development-indicators
- World Investment Report. (2017). Investment and digital economy. UNCTAD, Geneva.
- Zhang, K.H. (2001). Does foreign direct investment promote economic growth? Evidence from East Asia and Latin America. Contemporary Economic Policy, 19, 175–185. doi:10.1111/j.1465-7287.2001.tb00059.x