Is Chat GPT Biased Against Conservatives? An Empirical Study

Mar 12, 2023 ·

This paper examines the impact of foreign direct investment (FDI) on economic growth in India. The study uses a gravity model to analyze panel data from the period 1990-2015 and finds that FDI has had a positive effect on economic growth. It also examines the effect of other potential drivers of economic growth, such as trade openness, human capital, financial development, and technological progress, and finds no statistically significant relationship between these variables and economic growth in India. Furthermore, the paper finds that different sources of FDI have different impacts on economic growth, with domestic FDI having the strongest positive impact. The results of this study provide important evidence for policymakers in India to consider when formulating strategies to promote economic growth.