External Commercial Borrowings and Outward Foreign Direct Investment: Evidence From Indian Manufacturing Firms
نویسندگان
چکیده
The study investigates the effect of external commercial borrowings ( ECB ) on outward foreign direct investment OFDI using data Indian manufacturing firms from 2008 to 2020. Our analysis, Heckman two-step procedure (1979), suggests a positive firms’ . results indicate that more leverage and are with higher intensity.
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ژورنال
عنوان ژورنال: Asian economics letters
سال: 2023
ISSN: ['2652-8681']
DOI: https://doi.org/10.46557/001c.74858