Jekka Chandrasekaran Sharmiladevi
@scmspune.ac.in
Assistant Professor
Symbiosis Centre for Management Studies, Symbiosis International (Deemed University)
EDUCATION
MA, M.B.A, M.Phil., PhD
RESEARCH INTERESTS
Foreign Direct Investment, International Business, International Finance
Scopus Publications
Scholar Citations
Scholar h-index
Scholar i10-index
Scopus Publications
J. C. Sharmiladevi
EconJournals
Foreign Direct Investment (FDI) is instrumental in increasing growth and development in many countries. The development outcomes of FDI must also be analysed, considering the long-term holistic implications of economic growth and environmental implications. Environmental consequences of FDI need to be analysed to better understand the developmental potentials of FDI. The objective of this study is to analyse the equilibrium relationship among carbon dioxide emission, inward FDI, trade openness, and economic growth considering India by using an autoregressive distributed lag model. This model overcomes the effect of endogeneity and indicates that there is a strong cointegrating relation between all the variables with significant long-run effects for economic growth and trade openness and insignificant results with carbon dioxide emission and inward FDI.
J. C. Sharmiladevi
Springer Nature Singapore
Jekka Chandrasekaran Sharmiladevi
IGI Global
One significant feature of liberalisation for India has been a greater openness to foreign direct investment (FDI) as a means of acquiring technologies, skills and access to international markets, and of entering dynamic trade and production. The study analyses the empirical relationship between inward FDI, economic growth and exports of India from 1970-71 to 2013-2014. The objective of this article is to investigate the relationship between FDI, economic growth and exports empirically. The error correction coefficient value indicates a 15.02% movement back towards equilibrium following a shock to the model, one time period later. OLS indicate significant long-term causality relationship among the variables with high R2 value to the tune of 0.758660. The Wald Test establishes short-run causality from economic growth to inward FDI, and from exports to inward FDI. A one-way causality relationship is running from exports to inward FDI. Economic growth causes inward FDI, but, inward FDI is not causing economic growth. Exports cause inward FDI, and inward FDI does not cause exports.
J.C. Sharmiladevi
Inderscience Publishers
Foreign direct investment (FDI) is widely perceived as an important resource for expediting development. Many factors play significantly in influencing the amount of FDI. The objective of this study is to analyse the various factors which influence and determine FDI inflows into India and spot those determinants. Variables examined includes, net FDI inflow, labour cost proxied by workers' remittances and receipts, urbanisation measured by population in large cities, inflation measured from GDP deflator, human capital measured through gross enrolment in secondary schools, trade, official exchange rate and gross domestic product expressed as a percentage of FDI. Factor analysis is used for identifying and grouping of variables. Based on principal component analysis and varimax with Kaiser normalisation, two common factors identified. Regression identifies the power of the two variables in influencing inward FDI. Results of regression indicate that internal economic conditions and external economic conditions together explain 91.80 percentage of inward FDI.
Sharmiladevi J. C.
IGI Global
Globalization accompanied with internationalization enhanced urbanization across the globe. Cities and towns became the central point for economic activities, most of them fueled by the inward flow of Foreign Direct Investment (FDI) especially in the emerging economies. Globalization initiated urbanization in most of the emerging economies. As an outcome of globalization directly and with urbanization indirectly it resulted in the growth of inward foreign direct investment across the globe. This chapter makes an attempt to identify the influence of urbanization upon inward FDI and economic growth for emerging India. To study this phenomenon, data for a period of twenty years were taken from 1990- 2010. Multiple regression analysis was used. Results of the study are significant and indicate that, urbanization is playing an important role in enhancing the inflow of FDI into India in the study period. 66.9% of the changes in the dependent variable that is inward FDI is explained jointly by urbanization and economic growth, which shows that cities and towns are becoming an integral part in receiving FDI. This chapter also add some insight into the changing consumption and lifestyles of urbanites effected due to FDI.