stdClass Object ( [id] => 8201 [paper_index] => EW201711-01-002176 [title] => DETERMINANTS OF FOREIGN DIRECT INVESTMENT-A STUDY OF BRICS NATIONS [description] =>
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[author] => Dr. Sangeeta Mittal [googlescholar] => https://scholar.google.co.in/citations?user=KeqZGcIAAAAJ&hl=en [doi] => [year] => 2017 [month] => November [volume] => 5 [issue] => 11 [file] => eprapub/EW201711-01-002176.pdf [abstract] =>

In the central premise of the study, the researcher attempts to find out the main determinants responsible for FDI attraction in BRICS nations. The panel data of 22 years have been taken from the period of 1995-2016. Panel data fixed effect regression model has been used for analyzing the study. FDI inflows has been taken as dependent variable while GDP, inflation, official exchange rate & real interest rate have been taken as independent variables. The empirical results of regression model state that GDP is a positive & significant determinant of FDI inflows in BRICS nations. Looking on the other side, inflation is a negative and official exchange rate & real interest rate are positive & non-significant determinants of FDI inflows. The study suggests that policy makers and governments of BRICS nations should raise the GDP growth of their respective countries so that more FDI inflows can run.

KEYWORDS: BRICS, determinant, FDI, GDP.

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