An Empirical Analysis on FDI and ICT in India

Sinha, Madhabendra; Chaudhury, Anjan Ray; Sengupta, Partha Pratim

doi:10.1007/978-981-13-9282-5_8

Cited by 1 publication

(1 citation statement)

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“…FDI has momentous impact on economic growth and export potential of countries (Pelinescu and Radulescu, 2009). Various studies have previously demonstrated the positive effect of FDI on economic growth (Sothan, 2017;Kalai and Zghidi, 2019;Zeng and Zhou, 2021;Sinha et al, 2020;Sangwan, 2015). Studies conducted in Pakistan and India, illustrated a positive relationship between FDI and GDP.…”

Section: 2the Relationship Between Foreign Direct Investment and Gros...mentioning

confidence: 98%

The Role of Foreign Direct Investment In The Relationship Between Global Innovation Index and Gross Domestic Product

Çemberci¹,

Civelek²,

Cömert³

2022

Gurukul Business Review

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Purpose: In today's world; where technology, capital and workforce are in a rapid flow across borders; quantitative indicators, that provide insight into the economic and innovative performance of countries, are of key importance for decision makers. One of these indicators is Foreign Direct Investment (FDI); which is not only a mechanism that drives competition and economic development, but is also an international capital flow. This paper investigates whether FDI has a mediator role in the relationship between Global Innovation Index (GII) and Gross Domestic Product (GDP). Design/Methodology/Approach: The mediator variable analysis was conducted based on the secondary data of FDI, GII and GDP of 43 countries which has been obtained from the World Bank between 2014 and 2018. Findings: As a result of the analysis, all hypotheses were accepted. Consequently, a positive and significant relationship was found between the Global Innovation Index (GII) and Gross Domestic Product (GDP), and it was found statistically significant that Foreign Direct Investment (FDI) has a mediator role in this relationship. Originality: In the literature, there is not any research that explains the role of FDI in the relation between Global Innovation Index (GII) and Gross Domestic Product (GDP). In order to address the gap, this study investigates whether FDI has a mediator role in the relationship between GII and GDP.

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Section: 2the Relationship Between Foreign Direct Investment and Gros...mentioning

confidence: 98%