Impact of FDI on India's GDP: An Inter- Comparative Study Between USA, UK and Japan
Considering the growing importance of Foreign Direct Investment (FDI) in the present day well-knitted economic environment, this empirical study compares the impact of FDI inflows from Japan from those of United States of America (U.S.A.) and United Kingdom (U.K.) on India's gross domestic product (GDP). The paper, by using sample data of FDI and India's GDP from 1st April 2002 to 31st March 2011, makes use of Correlation and multiple regression for studying relationship between the variables. Moreover, t-test is being employed to test whether the results are significant or not. The results conclude that FDI from the respective countries individually do not significantly affect India's GDP.
Volume (Year): 4 (2012)
Issue (Month): 3 (September)
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