Abstract

DETERMINANTS OF INVESTMENT FUNCTION IN INDIA

AMIT KUMAR

Volume: 7 Issue: 3 2017

Abstract:

Investment is one of the most important macroeconomic variables for economic growth in any economy. High rate of investment is one of the factors responsible for the good economic performance. Due to importance of investment in economic growth, it is essential to understand the variables which determine investment in economy. This study attempts to find all possible variables which has significant role in determining investment in Indian Economy over the period 1979-80 to 2011-12. The result reveals that private investment as a % of GDP is mainly determined by public investment to GDP ratio, real exchange rate at trade based, credit availability as a % of GDP and trade openness.

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