永无休止的辩论：外国直接投资会促进体制变革吗？印度和伙伴国的证据

IF 3.5 2区经济学 Q1 ECONOMICS

Journal of Policy Modeling Pub Date : 2024-03-01 DOI:10.1016/j.jpolmod.2023.10.005

Khushboo Kumari, Renjith Ramachandran

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引用次数: 0

摘要

在国际商业文献中，制度质量被认为是外国直接投资流入的一个重要决定因素。相反，有关制度质量的决定因素及其如何变化的文献却很少，值得进一步研究。本研究以印度及其伙伴国为背景，分析了外国直接投资对制度距离的影响，即外国直接投资是导致制度距离的趋同还是发散。我们发现外国直接投资对制度距离有明显的积极影响。此外，为了捕捉伙伴国之间的异质性，我们根据伙伴国的发展水平对样本进行了细分，并分析了制度距离变化的来源。

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The never-ending debate: Do FDI promote institutional change? Evidence from India and partner countries

Institutional quality has been opined as a significant determinant of FDI inflow in international business literature. On the contrary, literature on determinants of institutional quality and how it changes is scant and merits further study. This study analyses the impact of FDI on institutional distance in the context of India and its partner countries, i.e., whether it leads to convergence or divergence of institutional distance. We identified a significantly positive impact of FDI on institutional distance. Further, to capture the heterogeneity among our partner countries, we subdivided our sample based on the partner country's development level and analysed the source of change in institutional distance.

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来源期刊

Journal of Policy Modeling ECONOMICS-

CiteScore

6.20

自引率

11.40%

发文量

期刊介绍： The Journal of Policy Modeling is published by Elsevier for the Society for Policy Modeling to provide a forum for analysis and debate concerning international policy issues. The journal addresses questions of critical import to the world community as a whole, and it focuses upon the economic, social, and political interdependencies between national and regional systems. This implies concern with international policies for the promotion of a better life for all human beings and, therefore, concentrates on improved methodological underpinnings for dealing with these problems.