Sajikumar, Tulasidharan; Silva, Amândio F. C. da - In: Financial internet quarterly 19 (2023) 4, pp. 9-24
Capital) and Gross Capital Formation (proxy for business growth) and Credit to Commercial Sector and Gross Capital Formation … that FDI crowds out creation of new firms and capital formation and it is the Credit flow to the commercial sector that … causes Gross Capital Formation at current price. It shows domestic flow of credit is more influential in capital formation …