Impact of Foreign Direct Investment on Gross Domestic Product With Reference to India

Authors

  • Arup Bramha Mohapatra Research Scholar, P.G Department of Commerce, Berhampur University, Berhampur
  • Venkateswara Rao Bhanotu Assistant Professor, P.G. Department of Commerce, Berhampur University, Berhampur

DOI:

https://doi.org/10.33516/maj.v58i6.90-93p

Keywords:

No Keywords

Abstract

The development of a particular economy is always reflected in its gross domestic product (GDP). Foreign direct investment (FDI) plays an important role in GDP growth. In this article a humble effort has been made to know the impact of foreign direct investment of various sectors on GDP. The data are secondary in nature collected from the Reserve Bank of India (RBI) website. Ordinary least square method (OLS) has been used for this analysis. The researcher concludes that FDI in service sector and other sectors has significant impact on GDP while FDI in manufacturing sector is not having a significant impact on GDP.

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Published

2023-06-01

How to Cite

Bramha Mohapatra, A., & Rao Bhanotu, V. (2023). Impact of Foreign Direct Investment on Gross Domestic Product With Reference to India. The Management Accountant Journal, 58(6), 90–93. https://doi.org/10.33516/maj.v58i6.90-93p

Issue

Volume 58, Issue 6, June 2023

Section

FDI
Crossref
Scopus
Google Scholar
Europe PMC

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