001470013 000__ 05041cam\\22006257i\4500 001470013 001__ 1470013 001470013 003__ OCoLC 001470013 005__ 20230803003357.0 001470013 006__ m\\\\\o\\d\\\\\\\\ 001470013 007__ cr\un\nnnunnun 001470013 008__ 230627s2023\\\\si\a\\\\o\\\\\000\0\eng\d 001470013 019__ $$a1385451194$$a1385452427 001470013 020__ $$a9789819922994$$q(electronic bk.) 001470013 020__ $$a9819922992$$q(electronic bk.) 001470013 020__ $$z9789819922987 001470013 020__ $$z9819922984 001470013 0247_ $$a10.1007/978-981-99-2299-4$$2doi 001470013 035__ $$aSP(OCoLC)1386844041 001470013 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dYDX$$dEBLCP$$dUKMGB$$dOCLCF 001470013 043__ $$aa-ii--- 001470013 049__ $$aISEA 001470013 050_4 $$aHG5732 001470013 08204 $$a338.954$$223/eng/20230627 001470013 1001_ $$aPal, Mahendra,$$eauthor. 001470013 24510 $$aForeign capital and economic growth in India :$$btime series estimation /$$cMahendra Pal. 001470013 264_1 $$aSingapore :$$bPalgrave Macmillan,$$c2023. 001470013 300__ $$a1 online resource (xvi, 185 pages) :$$billustrations (some color) 001470013 336__ $$atext$$btxt$$2rdacontent 001470013 337__ $$acomputer$$bc$$2rdamedia 001470013 338__ $$aonline resource$$bcr$$2rdacarrier 001470013 5050_ $$aChapter 1: Introduction -- Chapter 2: Macro Determinants of FDI in India: Cointegration and Causality -- Chapter-3: FDI-Growth Nexus in India -- Chapter 4: Foreign Aid: Growth Nexus in India: Cointegration and Causality -- Chepter 5: Foreign Capital-Growth Nexus in India: Cointegration and Causality -- Chapter 6: PCY, Foreign Aid and FDI: A Test of Complementarity -- Chapter 7: Summary and Conclusions. 001470013 506__ $$aAccess limited to authorized users. 001470013 520__ $$aThis 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. 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. 001470013 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed June 27, 2023). 001470013 650_0 $$aInvestments, Foreign$$zIndia. 001470013 650_0 $$aCapital investments$$zIndia. 001470013 650_0 $$aEconomic development$$zIndia. 001470013 651_0 $$aIndia$$xEconomic conditions$$y20th century. 001470013 651_0 $$aIndia$$xEconomic conditions$$y21st century. 001470013 655_0 $$aElectronic books. 001470013 77608 $$iPrint version: $$z9819922984$$z9789819922987$$w(OCoLC)1373931103 001470013 852__ $$bebk 001470013 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-981-99-2299-4$$zOnline Access$$91397441.1 001470013 909CO $$ooai:library.usi.edu:1470013$$pGLOBAL_SET 001470013 980__ $$aBIB 001470013 980__ $$aEBOOK 001470013 982__ $$aEbook 001470013 983__ $$aOnline 001470013 994__ $$a92$$bISE