Impact of FDI and energy consumption on the agricultural productivity of BRICS nations
Agricultural development is essential for world trade and the global economy. This research investigates the relationship between Foreign Direct Investment (FDI) and fossil fuel energy consumption with agricultural productivity (AP). The study used the panel data of BRICS nations from 1991-2019. For...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2023-09-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1693.pdf
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| _version_ | 1797670931149094912 |
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| author | Sanjay Kumar PATEL Devashish JOSHI |
| author_facet | Sanjay Kumar PATEL Devashish JOSHI |
| author_sort | Sanjay Kumar PATEL |
| collection | DOAJ |
| description | Agricultural development is essential for world trade and the global economy. This
research investigates the relationship between Foreign Direct Investment (FDI) and fossil fuel
energy consumption with agricultural productivity (AP). The study used the panel data of BRICS
nations from 1991-2019. For data analysis, panel regression analysis along with descriptive
statistics was used. The study’s findings are that FDI and FFEC significantly influence the AP of
BRICS nations. The FFEC has a positive influence on the AP, while FDI has a negative influence
on the AP of BRICS nations. Further, the results revealed that trade openness and gross capital
formation have a weak but significant influence on agricultural productivity. |
| first_indexed | 2024-03-11T21:06:59Z |
| format | Article |
| id | doaj.art-8672e6adf9234267be1330dac490ecb6 |
| institution | Directory Open Access Journal |
| issn | 1841-8678 1844-0029 |
| language | English |
| last_indexed | 2024-03-11T21:06:59Z |
| publishDate | 2023-09-01 |
| publisher | General Association of Economists from Romania |
| record_format | Article |
| series | Theoretical and Applied Economics |
| spelling | doaj.art-8672e6adf9234267be1330dac490ecb62023-09-29T11:38:27ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292023-09-01XXX331532218418678Impact of FDI and energy consumption on the agricultural productivity of BRICS nationsSanjay Kumar PATEL0Devashish JOSHI1 School of Commerce & Management Central University of Rajasthan, India School of Commerce & Management Central University of Rajasthan, India Agricultural development is essential for world trade and the global economy. This research investigates the relationship between Foreign Direct Investment (FDI) and fossil fuel energy consumption with agricultural productivity (AP). The study used the panel data of BRICS nations from 1991-2019. For data analysis, panel regression analysis along with descriptive statistics was used. The study’s findings are that FDI and FFEC significantly influence the AP of BRICS nations. The FFEC has a positive influence on the AP, while FDI has a negative influence on the AP of BRICS nations. Further, the results revealed that trade openness and gross capital formation have a weak but significant influence on agricultural productivity. http://store.ectap.ro/articole/1693.pdf agricultural productivitybrics nationsfdipanel regression analysisffec |
| spellingShingle | Sanjay Kumar PATEL Devashish JOSHI Impact of FDI and energy consumption on the agricultural productivity of BRICS nations Theoretical and Applied Economics agricultural productivity brics nations fdi panel regression analysis ffec |
| title | Impact of FDI and energy consumption on the agricultural productivity of BRICS nations |
| title_full | Impact of FDI and energy consumption on the agricultural productivity of BRICS nations |
| title_fullStr | Impact of FDI and energy consumption on the agricultural productivity of BRICS nations |
| title_full_unstemmed | Impact of FDI and energy consumption on the agricultural productivity of BRICS nations |
| title_short | Impact of FDI and energy consumption on the agricultural productivity of BRICS nations |
| title_sort | impact of fdi and energy consumption on the agricultural productivity of brics nations |
| topic | agricultural productivity brics nations fdi panel regression analysis ffec |
| url |
http://store.ectap.ro/articole/1693.pdf
|
| work_keys_str_mv | AT sanjaykumarpatel impactoffdiandenergyconsumptionontheagriculturalproductivityofbricsnations AT devashishjoshi impactoffdiandenergyconsumptionontheagriculturalproductivityofbricsnations |