Variables | Description | Expected sign | Data Source |
Dependent Variables | |||
LFDI | Logarithm of Foreign Direct Investment in USD million |
| Indiastat (originally taken from Lok Sabha Starred Question# and Ministry of Commerce and Industry and RBI) |
Independent Variables | |||
LPGSDP | Logarithm of Per capita GSDP in USD (GSDP in USD million/population in million) | + | Planning Commission |
PELEC | Installed Electricity capacity (MW) per GSDP | + | CMIE website, Energy statistics of India, indiastat |
HDENSITY | Highway Density (Length of national highways in km/ Area) | - | Indiastat (originally data has been taken from Ministry of Road Transport and Highways and Rajya Sabha and Lok Sabha questions$) |
URBANDENSITY | Urban Density [=(Urban people/Total populations) × 100/Area] | + | Census 2001 and 2011 |
NEARPORT | Dummy variable with value ‘1’ for coastal States and ‘0’ otherwise. | + | Centre for Coastal Zone Management and Coastal Shelter Belt |
SEZpolicy | Dummy variable with value ‘1’ when state formulates SEZ policy and ‘0’ otherwise. | + | www.sezindia.nic.in |
OPSEZ | Number of Operational SEZs | + | www.sezindia.nic.in |