Impact of FDI on S & P nifty index

Nanjegowda, H. and Quraishi, A. H. (2014) Impact of FDI on S & P nifty index. International Journal of Research in Computer Application and Management, IV (XI). ISSN 2231-1009

[img] Text (Full Text)
Com_2014_Nanjegowda.pdf - Published Version
Restricted to Registered users only

Download (482kB) | Request a copy
Official URL: http://ijrcm-2-IJRCM-2_vol-4_2014_issue-11-art-04....


The paper investigates the impact of FDI on S & P Nifty Index. This paper employs Unit Root Test to test at which order of integration the variables turn to be stationery. Secondly the Granger Causality Test is employed to test the causation, thirdly the Co integration analyses is done to test the long run relationship between the variables and Vector Error Correction Model is used to check the short run relationship between the variables . Lastly the impact is analysed by employing Regression Analysis.The secondary time series data is collected from RBI hand book of statistics ranging from 1995-04 to 2014-03 being used for the analyses. And finds the macro economic variable fdi & nifty turn stationary at order nifty(0) & fdi (1). the fdi granger cause nifty at lag 20 months while their exist no long run relationship between nifty & fdi, further vecm discloses that their exist short run relationship between nifty & fdi. finally regression results reveal that their exist negative impact and the impact of fdi on nifty is insignificant.

Item Type: Article
Uncontrolled Keywords: FDI and NIFTY and Unit Root Test and Granger Causality and VECM and Regression Analysis
Subjects: G Commerce > Commerce
Divisions: Department of > Commerce
Depositing User: Shrirekha N
Date Deposited: 01 Oct 2019 06:22
Last Modified: 01 Oct 2019 06:22

Actions (login required)

View Item View Item