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- W91043925 abstract "The paper examines the determinants of FDI in India and China using data set from 1979 to 2000. The major sources of FDI in China since 1979 are Hong Kong, Taiwan and Macao. Most of them are non-resident Chinese who are mainly busines smen with a strong representation of billionaire tycoons .The USA, in contrast appears to be the major investor in India during the period under study The study shows that the resource seeking argument may explain the FDI inflows in China and market seeking to that of India. One important finding of this study is that the transfer of technology through FDI to China has been in the form of low and standardized. The study finds both similarities and dissimilarities in determining factors that explain FDI inflows to India and China. It is shown that the lagged GNP significantly affects inflow of FDI from all sources. The magnitude is however higher in case of China than that of India. The change in GNP as a proxy of increase in market size is significant only in case of India. While domestic investment seems to be strongly cor related with FDI inflows in case of China, it is not a strong causal determinant factor in case of India. The variations in exchange rate on the other hand reveals a power ful indicator of FDI inflows in both countries." @default.
- W91043925 created "2016-06-24" @default.
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- W91043925 date "2016-01-01" @default.
- W91043925 modified "2023-09-27" @default.
- W91043925 title "FOREIGN DIRECT INVESTMENT INFLOWS TO INDIA AND CHINA: TRENDS, ASSESSMENTS AND DETERMINANTS" @default.
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