Goswami, Vandana; Goswami, Lalit - In: South Asian Journal of Business Studies 13 (2023) 4, pp. 485-504
Purpose The purpose of this paper is to analyse the relationship between foreign direct investment (FDI) inflows and economic growth with a special focus on the institutional environment at the state level. FDI-led economic growth and economic growth-led FDI have two dominant theoretical...