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http://dspace.bits-pilani.ac.in:8080/jspui/handle/123456789/8934| Title: | Do fdi and public investment crowd in or crowd out private domestic investment in India |
| Authors: | Bal, Debi Prasad |
| Keywords: | Economics and Finance FDI Public investment Private domestic investment |
| Issue Date: | 2014 |
| Publisher: | Project Muse |
| Abstract: | This paper examines the dynamic relationship between Private Domestic Investment (PDI), Foreign Direct Investment (FDI) and Public Investment (PU) in India for the period 1978-79 to 2009-10. Zivot and Andrews test has been used to know the structural break points in the data series. The empirical results derived from structural VAR model indicate that FDI has crowding in effects on PDI, whereas, PU neither Ôcrowd outÕ nor Ôcrowd inÕ PDI. Further, we found the evidence that shocks in PU and PDI have positively improved the FDI inflows in India |
| URI: | https://ideas.repec.org/a/jda/journl/vol.48year2014issue3pp269-284.html http://dspace.bits-pilani.ac.in:8080/xmlui/handle/123456789/8934 |
| Appears in Collections: | Department of Economics and Finance |
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