Nunnenkamp, Peter; Andrés, Maximiliano Sosa; … - In: South Asian Journal of Macroeconomics and Public Finance 1 (2012) 2, pp. 245-279
We empirically assess the determinants of India’s FDI outflows across a large sample of host countries in the 1996–2009 period. Based on gravity model specifications, we employ Poisson pseudo maximum likelihood (PPML) estimators. Major findings include: India’s outward FDI...