VinayKumar (2012) has conducted a research study considering FDI as independentvariable and GDP as dependent variable for a period of 10 years.
He hasconcentrated on the impact of FDI on economic growth and found that there ispositive correlation between FDI and GDP. In his study he has concluded thatFDI played a significance role in the growth of the economy. BhavyaMalhotra (2014) in her study has taken FDI as the independent variable and GDPas the dependent variable where in she focused on trends, patterns,determinants of FDI for a period of 20 years. According to her study andfindings she suggested that the government of India should modify their FDIpolicy so that more and more FDI can be generated.
Dr.Gulshan Kumar & Neerja Dhingra (2011) together conducted a study choosingFDI as independent variable and various sectors as dependent variables for aperiod of 30 years (Pre & Post liberalisation). The results from theirstudy has shown that FDI inflows into India increased post liberalization withmore FDI moving towards service sector along with a steep fall in the share ofmanufacturing sector.
S.Chandrachud & N. Gajalakshmi (2013) conducted a study taking FDI asindependent variable and GDP, Financial position and Exchange Rate as dependentvariables for a period of 18 years. Based on the analysis and findings from thestudy, the results have been encouraging. However they have suggested tenrecommendations to increase the effectiveness of economic reforms. SebastianMorris (2004) conducted a study considering FDI as independent variable and GDPof each region as dependent variable for a period of 11 years.
He concluded that,for all investments it is the regions of metropolitan cities that attract thebulk of FDI. ChandanaChakraborty and Peter Nunnenkamp (2006) conducted a study considering FDI asindependent variable and output growth of each sector as dependent variable fora period of 17 years. This study states that increased FDI in post-reform Indiahas induced economic growth. Qaiser Abbas, SalmanAkbar et al.(2011) conducted a research study taking FDI and CPI as independentvariables and GDP as dependent variable of seven countries for a period of 10years.
According to this study the results have shown that growth of anycountry depends on the FDI inflows. Dr. Mohd. Yameen Izhar Ahmad (2015) in hisstudy has taken FDI as independent variable and GDP as dependent variable for aperiod of 24 years. He concluded that FDI has indeed put India in the top threeglobal investment destinations owing to the modified and liberalized policy. Healso stated the growth was a jobless growth because most of the investmentswere directed towards service sector and less to other sectors.