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Export Growth In India: Has FDI Played a Role? AgEcon
Sharma, Kishor.
Export growth in India has been much faster than GDP growth over the past few decades. Several factors appear to have contributed to this phenomenon including foreign direct investment (FDI). However, despite increasing inflows of FDI especially in recent years there has not been any attempt to assess its contribution to India's export performanceone of the channels through which FDI influences growth. Using annual data for 1970-98 we investigate the determinants of export performance in India in a simultaneous equation framework. Results suggest that demand for Indian exports increases when its export prices fall in relation to world prices. Furthermore, the real appreciation of the rupee adversely effects India's exports. Export supply is positively...
Tipo: Working or Discussion Paper Palavras-chave: Exports; Commercial policy; Export subsidies; Foreign direct investment; Exchange rates and India; F21; International Relations/Trade; F1; F13; F14.
Ano: 2000 URL: http://purl.umn.edu/28372
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