Economic Freedom and Indian Outward Foreign Direct Investment: An Empirical Analysis
AbstractThis study examines the role economic freedom plays in attracting Indian outward foreign direct investment to various countries. Investments by Indian multinationals to various continents are studied along with aggregate investment outflows. Results show that Indian outward FDI do appear to prefer economically free economies. Government size, ease of foreign trade, and market regulations are the aspects of economic freedom Indian investors appear to cherish, while legal structure does not seem to influence the volume of investments by Indian multinationals.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 32 (2012)
Issue (Month): 4 ()
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Outward FDI; Economic Freedom; Foreign Direct Investment; India;
Find related papers by JEL classification:
- F2 - International Economics - - International Factor Movements and International Business
- O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies
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