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We empirically assess the determinants of India’s FDI outflows across a large sample of host countries in the 1996-2009 period. Based on gravity model specifications, we employ Poisson pseudo maximum likelihood (PPML) estimators. Major findings include: India’s outward FDI is hardly affected...
Persistent link: https://www.econbiz.de/10009671659
empirical research on aid allocation by employing Poisson estimations on the determinants of the World Bank’s choice of project … locations at the district level in India. The evidence of needs-based location choices is very weak, even though World Bank … or district level. However, the World Bank prefers districts where foreign direct investors may benefit from projects …
Persistent link: https://www.econbiz.de/10009570504
of the World Bank's allocation of project aid at the district level in India. The evidence of needs‐based location … corresponding measures of need. The evidence for a merit‐based allocation of World Bank aid is even weaker. We typically do not find … evidence that aid allocation is affected by political patronage at the state or district level. However, the World Bank prefers …
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We estimate gravity-type models to assess the effects of financial market development in the host and source countries on bilateral FDI stocks. We address potential reverse causality, inter alia by performing instrumental variable estimations and restricting the sample to observations where...
Persistent link: https://www.econbiz.de/10011429900