Preface; Contents; About the Editors; 1 Introduction to the Volume; 1.1 Introduction; 1.2 FDI: Push and Pull Factors; 1.3 FDI: Consequences; 1.4 R&D and Innovations; 1.5 Technology and Competitiveness; References; FDI: Pull and Push Factors; 2 Pull Factors of FDI: A Cross-Country Analysis of Advanced and Developing Countries; Abstract; 2.1 Introduction; 2.2 Survey of Literature; 2.2.1 Theoretical Background; 2.2.2 Industrial Policy and Foreign Direct Investment; 2.2.3 Determinants of FDI; 2.2.3.1 Size of the Economy; 2.2.3.2 Economic Openness; 2.2.3.3 Economic Stability

2.2.3.4 Legal and Political System2.2.3.5 Business Environment and Infrastructure; 2.2.3.6 Exchange Rate; 2.2.4 Summary of Survey of Literature; 2.3 Methodology; 2.3.1 Principal Component Analysis (PCA); 2.3.2 Two-Stage Multicollinearity Correction (TMC) Method; 2.3.2.1 Pre-processing; 2.3.3 Construction of Indices (PCI and SCI); 2.4 Data Source and Variables Construction; 2.4.1 Technology; 2.4.2 Industrial Activities; 2.4.3 Infrastructure; 2.4.4 Exchange Rate; 2.4.5 Market Size, Prospects and Cost of Production; 2.4.6 Miscellaneous Indicators; 2.5 Results; 2.5.1 Descriptive Statistics

2.5.2 Selection of Determinants2.5.3 Composite Index for FDI Flow: To AE from AE; 2.5.4 Composite Index for FDI Flow: To DE from AE; 2.5.5 Composite Index for FDI Flow: To AE from DE; 2.5.6 Composite Index for FDI Flow: To DE from DE; 2.5.7 Composite Index (CI)-Uses and Interpretation; 2.5.8 Summary of Empirical Analysis; 2.6 Summary and Conclusions; Appendix 1; Appendix 2; Appendix 3; References; 3 India in the International Production Network: The Role of Outward FDI; Abstract; 3.1 Introduction; 3.2 Empirical Examination; 3.3 Data Sources and Variables; 3.4 Results and Discussion

3.5 ConclusionAppendix; References; 4 Foreign Direct Investment and Business Cycle Co-movement: Evidence from Asian Countries; Abstract; 4.1 Introduction; 4.2 Channels of Business Cycle Co-movement; 4.2.1 A Simultaneous Equation Model of BC Correlation, FDI, Trade and Emission; 4.2.2 Convergence of Business Cycle Co-movement; 4.3 Results and Discussion; 4.3.1 Descriptive Analysis; 4.3.2 Results from Simultaneous Equation Estimation with Pooled Data; 4.3.3 Results from Bayesian Inferences; 4.4 Conclusion and Discussion; Appendix; References; FDI: Consequences

5 Firm Capabilities and Productivity Spillovers from FDI: Evidence from Indian Manufacturing FirmsAbstract; 5.1 Introduction; 5.2 Review of Literature; 5.2.1 FDI Spillover Channels; 5.2.2 Firm Capabilities and Productivity Spillovers from FDI; 5.2.3 Indian Manufacturing Firms and Productivity Spillovers; 5.3 Data, Measurement and Empirical Strategy; 5.3.1 Foreign Direct Investment in India (1991-2010); 5.3.2 Data Description; 5.3.3 Empirical Strategy and Measurement; 5.3.3.1 Estimation of Production Function; 5.3.3.2 Estimation of Productivity Spillovers