What Drives India ’ s Outward FDI ?

  title={What Drives India ’ s Outward FDI ?},
  author={Peter Nunnenkamp and Maximiliano Sosa Andr{\'e}s and Krishna Chaitanya Vadlamannati and Andreas Waldkirch},
  • Peter Nunnenkamp, Maximiliano Sosa Andrés, +1 author Andreas Waldkirch
  • Published 2012
We empirically assess the determinants of India’s FDI outflows across a large sample of host countries in the 1996-2009 period. Based on gravity model specifications, we employ Poisson pseudo maximum likelihood (PPML) estimators. Major findings include: India’s outward FDI is hardly affected by motives to access raw materials or superior technologies… CONTINUE READING