Please use this identifier to cite or link to this item: http://elar.urfu.ru/handle/10995/111213
Title: Asymmetric and Symmetric Link Between Quality of Institutions and Sectorial Foreign Direct Investment Inflow in India: A Fresh Insight Using Simulated Dynamic ARDL Approach
Authors: Ur Rehman, F.
Popp, J.
Ahmad, E.
Khan, M. A.
Lakner, Z.
Issue Date: 2021
Publisher: MDPI
MDPI AG
Citation: Asymmetric and Symmetric Link Between Quality of Institutions and Sectorial Foreign Direct Investment Inflow in India: A Fresh Insight Using Simulated Dynamic ARDL Approach / F. Ur Rehman, J. Popp, E. Ahmad et al. // Sustainability (Switzerland). — 2021. — Vol. 13. — Iss. 24. — 13760.
Abstract: This study explores the bicausality between institutional quality and FDI inflow both aggregated and sector-wise, i.e., the agricultural, manufacturing, and tertiary sectors in the Indian economy, by applying simulated autoregressive distributed lag (SARDL) dynamic new techniques, an extended variant of orthodox ARDL and NARDL. The study confirms that aggregated and sectorial FDI are enhanced by adequate institutional quality, and similarly, FDI promotes quality institutions. The nexus between institutional quality and FDI inflow is an inspiration for India to compete with developed economies by enhancing its institutional quality. The study observes cointegration and bidirectional causality between institutional quality and aggregated FDI. © 2021 by the authors. Licensee MDPI, Basel, Switzerland.
Keywords: INDIA
INSTITUTIONAL QUALITY
SECTORIAL FDI INFLOW
SIMULATED ARDL DYNAMIC
ASYMMETRY
COINTEGRATION ANALYSIS
ECONOMIC DEVELOPMENT
ENVIRONMENTAL ECONOMICS
FOREIGN DIRECT INVESTMENT
SPATIOTEMPORAL ANALYSIS
INDIA
URI: http://elar.urfu.ru/handle/10995/111213
Access: info:eu-repo/semantics/openAccess
RSCI ID: 47540736
SCOPUS ID: 85121211811
WOS ID: 000737464100001
PURE ID: 29148114
ISSN: 2071-1050
DOI: 10.3390/su132413760
metadata.dc.description.sponsorship: We are very thankful to the Graduate School of Economics and Management, Ural Federal University, for technical support.
Appears in Collections:Научные публикации ученых УрФУ, проиндексированные в SCOPUS и WoS CC

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