Foreign Capital and Economic Growth in India

Time Series Estimation

Mahendra Pal

$326.95 $261.21

Hardback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Springer Verlag, Singapore
21 June 2023

Economics; Macroeconomics; Economic growth; Finance

This book is designed to fulfill a long felt need for a wide ranging empirical research on foreign capital-growth nexus. It presents an analysis of disaggregated flows of foreign capital and their long run relationship with growth process in an emerging nation like India during the past four decades. The study detects factors like financial deepening, trade openness and market size, as potential determinants of FDI. The book investigates long run relationship between FDI and Growth, with causality running from FDI to Growth, whereby Aid-Growth long run relationship is detected with causal direction from Aid to Growth. Further, Net foreign capital-growth nexus is also established in the long run, however, with no causal direction. The book examines the relative significance of Aid and FDI in terms of their impact on growth. The results reveal that Aid appears to be more productive than FDI, but when export is included in the model FDI appears to be more productive than Aid. Empirical results have been calculated in the book, with the help of Johansen and Juselius (1990) co-integration technique, vector error correction, impulse response function and variance decomposition. The results in the book show, superiority of FDI over Aid is not established in India, hence two variables remain complementary to each other. This timely book on foreign capital-growth nexus in India is likely to attract researchers, teachers of Economics, Mathematics, Commerce, Business Economics, Management, Technology and policy-makers interested in the foreign capital-growth nexus in future.

By: Mahendra Pal
Imprint: Springer Verlag, Singapore
Country of Publication: Singapore
Edition: 1st ed. 2023
Dimensions: Height: 210mm, Width: 148mm,
Weight: 402g
ISBN: 9789819922987
ISBN 10: 9819922984
Pages: 185
Publication Date: 21 June 2023
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Mahendra Pal, Ph. D. (Economics), Emeritus Fellow at Delhi School of Economics, Delhi University. He has taught Money, Finance and African Economics for three decades. He is an acclaimed author of the book, “World Bank and the Third World Countries of Asia” (1985). His work domain includes testing the five models empirically with the Indian data: Polak (Monetary Model); Bacha (Joint-Fund Bank Model); McKinnon (Complementarity); Shaw (Financial Deepening); Ohlin (Grant Element). He has nearly 30 international-national publications and has delivered academic talks across the globe. His current research area is Foreign Capital and Growth nexus in India.

SALE ON NOW! PROMOTIONS

Foreign Capital and Economic Growth in India

Time Series Estimation

Mahendra Pal

$326.95 $261.21

Hardback

See Also

Contact Abbeys

Contact Galaxy

Contact Language

Contact Us

About ABBEY'S