A Study of Economic Growth and Foreign Direct Investment: An Econometric Approach in SAARC Region

International Journal of Economics and Management Studies
© 2016 by SSRG - IJEMS Journal
Volume 3 Issue 12
Year of Publication : 2016
Authors : Dr.Dinesh Kumar
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How to Cite?

Dr.Dinesh Kumar, "A Study of Economic Growth and Foreign Direct Investment: An Econometric Approach in SAARC Region," SSRG International Journal of Economics and Management Studies, vol. 3,  no. 12, pp. 18-22, 2016. Crossref, https://doi.org/10.14445/23939125/IJEMS-V3I6P117

Abstract:

Foreign direct investment (FDI) being the non-debt financial capital is considered the most preferred international capital to contribute economic growth to the host economies. It is a win-win investment for both home and host economies. It contributes to the economic growth mainly through technological and managerial advancements, increasing return to production via positive externalities, creation of economic climate more competitive and productive spillovers etc.

Keywords:

advancements, increasing return to production via positive externalities.

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