{"id":"https://openalex.org/W62914600","doi":null,"title":"Impact of Foreign Direct Investment on Economic Growth in India: A Co integration Analysis","display_name":"Impact of Foreign Direct Investment on Economic Growth in India: A Co integration Analysis","publication_year":2012,"publication_date":"2012-08-07","ids":{"openalex":"https://openalex.org/W62914600","mag":"62914600"},"language":"en","primary_location":{"id":"pmh:oai:ojs.worldsciencepublisher.org:article/607","doi":null,"is_oa":false,"landing_page_url":"http://worldsciencepublisher.org/journals/index.php/AITM/article/view/607","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Advances in Information Technology and Management; Vol 2, No 1 (2012); 187-201","raw_type":"info:eu-repo/semantics/article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"RAY, DR. SARBAPRIYA; ASSISTANT PROFESSOR,SHYAMPUR SIDDHESWARI MAHAVIDYALAYA,UNIVERSITY OF CALCUTTA,INDIA","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I106542073","display_name":"University of Calcutta","ror":"https://ror.org/01e7v7w47","country_code":"IN","type":"education","lineage":["https://openalex.org/I106542073"]},{"id":"https://openalex.org/I4405264775","display_name":"Shyampur Siddheswari Mahavidyalaya","ror":"https://ror.org/02ya8kf49","country_code":"IN","type":"government","lineage":["https://openalex.org/I4405264775"]}],"countries":["IN"],"is_corresponding":true,"raw_author_name":"RAY, DR. SARBAPRIYA; ASSISTANT PROFESSOR,SHYAMPUR SIDDHESWARI MAHAVIDYALAYA,UNIVERSITY OF CALCUTTA,INDIA","raw_affiliation_strings":["Assistant Professor,Shyampur  Siddheswari Mahavidyalaya,University of  Calcutta,India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Assistant Professor,Shyampur  Siddheswari Mahavidyalaya,University of  Calcutta,India","institution_ids":["https://openalex.org/I106542073","https://openalex.org/I4405264775"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I106542073","https://openalex.org/I4405264775"],"apc_list":null,"apc_paid":null,"fwci":21.7533,"has_fulltext":false,"cited_by_count":67,"citation_normalized_percentile":{"value":0.99025821,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10415","display_name":"International Business and FDI","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10415","display_name":"International Business and FDI","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.0020000000949949026,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.0006000000284984708,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/foreign-direct-investment","display_name":"foreign direct investment","score":1.0},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":1.0},{"id":"https://openalex.org/keywords/fdi-growth-causality","display_name":"FDI-growth causality","score":0.8709999918937683},{"id":"https://openalex.org/keywords/india","display_name":"India","score":0.8820000290870667},{"id":"https://openalex.org/keywords/long-run-equilibrium-relationship","display_name":"long-run equilibrium relationship","score":0.8790000081062317},{"id":"https://openalex.org/keywords/error-correction-model","display_name":"error correction model","score":0.7129999995231628},{"id":"https://openalex.org/keywords/infrastructure","display_name":"infrastructure","score":0.3880000114440918},{"id":"https://openalex.org/keywords/human-resources","display_name":"human resources","score":0.7860000133514404},{"id":"https://openalex.org/keywords/entrepreneurship","display_name":"entrepreneurship","score":0.7250000238418579},{"id":"https://openalex.org/keywords/macroeconomic-stability","display_name":"macroeconomic stability","score":0.9869999885559082}],"concepts":[{"id":"https://openalex.org/C33842695","wikidata":"https://www.wikidata.org/wiki/Q490513","display_name":"Foreign direct investment","level":2,"score":0.9068610668182373},{"id":"https://openalex.org/C145162277","wikidata":"https://www.wikidata.org/wiki/Q1751675","display_name":"Cointegration","level":2,"score":0.8907631635665894},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7453232407569885},{"id":"https://openalex.org/C195561663","wikidata":"https://www.wikidata.org/wiki/Q1307899","display_name":"Unit root","level":2,"score":0.6885316371917725},{"id":"https://openalex.org/C144341231","wikidata":"https://www.wikidata.org/wiki/Q7887151","display_name":"Unit root test","level":3,"score":0.6629296541213989},{"id":"https://openalex.org/C129824826","wikidata":"https://www.wikidata.org/wiki/Q2630107","display_name":"Granger causality","level":2,"score":0.6472094058990479},{"id":"https://openalex.org/C124953554","wikidata":"https://www.wikidata.org/wiki/Q6217229","display_name":"Johansen test","level":4,"score":0.6442113518714905},{"id":"https://openalex.org/C134024062","wikidata":"https://www.wikidata.org/wiki/Q1401229","display_name":"Error correction model","level":3,"score":0.6222560405731201},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.4920911192893982},{"id":"https://openalex.org/C64357122","wikidata":"https://www.wikidata.org/wiki/Q1149766","display_name":"Causality (physics)","level":2,"score":0.4456522762775421},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4361569285392761},{"id":"https://openalex.org/C99656134","wikidata":"https://www.wikidata.org/wiki/Q2912993","display_name":"Ordinary least squares","level":2,"score":0.4236438572406769},{"id":"https://openalex.org/C204208750","wikidata":"https://www.wikidata.org/wiki/Q1519415","display_name":"Short run","level":2,"score":0.41987210512161255},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.40669721364974976},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"pmh:oai:ojs.worldsciencepublisher.org:article/607","doi":null,"is_oa":false,"landing_page_url":"http://worldsciencepublisher.org/journals/index.php/AITM/article/view/607","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Advances in Information Technology and Management; Vol 2, No 1 (2012); 187-201","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.9211000204086304},{"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure","score":0.7207000255584717}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W4320582553","https://openalex.org/W6911885129","https://openalex.org/W2745841319","https://openalex.org/W4403379867","https://openalex.org/W2245707614","https://openalex.org/W2914457958","https://openalex.org/W2202597400","https://openalex.org/W2794692294","https://openalex.org/W1511992828","https://openalex.org/W2143422365"],"abstract_inverted_index":{"Abstract":[0],":":[1],"The":[2,67,126,148,168],"role":[3],"of":[4,15,51,72,110,132,156,243],"FDI":[5,52,205],"in":[6,17,40,56,193],"the":[7,29,49,59,63,114,138,143,154,175,194,199,241],"growth":[8,39,55,100,163],"process":[9,242],"has":[10,182],"been":[11],"a":[12,183,208,229],"burning":[13],"topic":[14],"debate":[16],"several":[18],"countries":[19],"including":[20],"India.":[21],"This":[22],"paper":[23],"is":[24,80,178],"an":[25,130],"attempt":[26],"to":[27,44,107,164,206,211,239],"analyze":[28,45],"causal":[30],"relationship":[31,82,136],"between":[32,83,137,198],"Foreign":[33],"Direct":[34],"Investment":[35],"(FDI)":[36],"and":[37,42,46,87,89,101,118,181,201,233],"economic":[38,54,99,162,212],"India":[41,214],"tries":[43],"empirically":[47],"estimate":[48],"effect":[50],"on":[53,70,220],"India,":[57],"using":[58,113],"cointegration":[60,127,145],"approach":[61],"for":[62,122,236],"period,":[64],"1990-91":[65],"to2010-11.":[66],"empirical":[68],"analysis":[69],"basis":[71],"ordinary":[73],"Least":[74],"Square":[75],"Method":[76],"suggests":[77],"that":[78,97,174,188],"there":[79,189],"positive":[81],"foreign":[84,102,165],"direct":[85,103,166],"investment(FDI)investment":[86],"GDP":[88],"vice":[90],"versa.":[91],"\u00a0The":[92],"unit":[93,123],"root":[94,124],"test":[95,121,128,146,151],"clarified":[96],"both":[98],"investment":[104],"were":[105],"found":[106],"be":[108,207],"integrated":[109],"order":[111],"one":[112],"Kwiatkowski,":[115],"Phillips,":[116],"Schmidt":[117],"Shinn":[119],"(KPSS)":[120],"only.":[125],"confirmed":[129,141,153],"existence":[131],"long":[133],"run":[134],"equilibrium":[135,196],"two":[139],"as":[140],"by":[142,218],"Johansen":[144],"results.":[147],"Granger":[149],"causality":[150,158],"finally":[152],"presence":[155],"uni-directional":[157],"which":[159,186],"runs":[160],"from":[161],"investment.":[167],"error":[169],"correction":[170],"estimates":[171],"gave":[172],"evidence":[173],"Error-Correction":[176],"Term":[177],"statistically":[179],"significant":[180],"negative":[184],"sign,":[185],"confirms":[187],"isn\u2019t":[190],"any":[191],"problem":[192],"long-run":[195],"relation":[197],"independent":[200],"dependent":[202],"variables.":[203],"For":[204],"noteworthy":[209],"provider":[210],"growth,":[213],"would":[215],"do":[216],"better":[217],"focusing":[219],"improving":[221],"infrastructure,":[222],"human":[223],"resources,":[224],"developing":[225],"local":[226],"entrepreneurship,":[227],"creating":[228],"stable":[230],"macroeconomic":[231],"framework":[232],"conditions":[234],"favourable":[235],"productive":[237],"investments":[238],"augment":[240],"development.":[244]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":6},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":5},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":4},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":5},{"year":2015,"cited_by_count":10},{"year":2014,"cited_by_count":7},{"year":2013,"cited_by_count":8},{"year":2012,"cited_by_count":2}],"updated_date":"2026-09-29T14:09:16.559479","created_date":"2025-10-10T00:00:00"}