Impact of institutional indicators influence on FDI flows with reference to BRICS countries- An empirical research

Abstract

The present study has been emphasized on the BRICS country foreign direct investments have been examined with the influence of institutional indicators. The present study has considered from the 2002 to 2017.The study has considered the six factors of the BRICS nations. The Robust regression analysis has been applied and the results indicated that the BRAZIL fdi inflows have got positively influenced by the institutional factors. The India and China fdi flows are strongly influenced positively by the institutional factors. The Quality of public service of South Africa fdi has got influenced highly positive. This paper is useful to the global institutional investors, country governments and other stake holders.