Chakraborty, Chandana; Nunnenkamp, Peter - 2006
Foreign direct investment (FDI) has boomed in post-reform India. Moreover, the composition and type of FDI has changed … higher economic growth. We assess the growth implications of FDI in India by subjecting industry-specific FDI and output data … widely across sectors. FDI stocks and output are mutually reinforcing in the manufacturing sector. In sharp contrast, any …