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Amar Iqbal Anwar and Mazhar Mughal
''Economic Freedom and Indian Outward Foreign Direct Investment: An Empirical Analysis''
( 2012, Vol. 32 No.4 )
This study examines the role economic freedom plays in attracting Indian outward foreign direct investment to various countries. Investments by Indian multinationals to various continents are studied along with aggregate investment outflows. Results show that Indian outward FDI do appear to prefer economically free economies. Government size, ease of foreign trade, and market regulations are the aspects of economic freedom Indian investors appear to cherish, while legal structure does not seem to influence the volume of investments by Indian multinationals.
Keywords: Outward FDI; Economic Freedom; Foreign Direct Investment; India
JEL: F2 - International Factor Movements and International Business: General
O5 - Economywide Country Studies: General
Manuscript Received : Sep 16 2012 Manuscript Accepted : Oct 28 2012

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