Nexus between formal institutions and inward FDI in India: a nonlinear autoregressive distributive lag approach
Richa Patel,
Dipti Ranjan Mohapatra,
Sunil Kumar Yadav
Abstract:PurposeThis study presents time-series data estimations on the association between the indicators of institutional environment and inward foreign direct investment (FDI) in India utilizing a comprehensive data set from 1996 to 2021.Design/methodology/approachThe study employs the nonlinear autoregressive distributive lag (NARDL) model. The asymmetric ARDL framework evaluates the existence of cointegration among the factors under study and highlights the underlying nonlinear effects that may exist in the long a… Show more
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