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Granger Causality test was employed to examine the causal nexus between foreign investment and economic growth in India for the year 1990-2002. The analysis revealed an independent relationship between foreign investment and economic growth in India. The possible reasons are: (a) In India,...
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This study examines the causal nexus among Export, Economic Growth and Foreign Direct Investment (FDI) in India using the autoregressive distributed lag (ARDL) cointegration procedure on monthly data over the period 1992 to 2008. The stability of the short-run as well as long-run coefficients in...
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