DETERMINANTS OF FOREIGN DIRECT INVESTMENT IN BRAZIL, RUSSIA, INDIA, AND CHINA

D.K. Malhotra
Lloyd Russow
Philadelphia University
Rahul Singh
BIMTECH
ABSTRACT
This study sets out to evaluate the determinants of foreign direct investment (FDI) in
Brazil, Russia, India, and China over 1995 to 2012 time period. In this study,foreign direct
investment was modeled as a function of economic and non-economic/institutional variables. It
was found that both economic and institutional variables play an important role in influencing the
level of foreign direct investment in emerging markets.