Performance of Retail Industry and Determinants of FDI-host Countries

The word ¿Retail¿ comes from French word ¿re-trailer¿ meaning ¿cutting off, clip and divide¿ in terms of tailoring in 1365. It was first recorded as a French noun with the meaning ¿Sale in small quantities¿ in 1433. In simple terms, it implies a first-hand transaction with the customer. Retailing can be defined as the buying and selling of goods and services. The performance of FDI in retail industry explores and compares with the five countries along with India. The countries are Brazil, China, Indonesia, the United Kingdom and the United Sates. The following macro-economic variables have been used to measure the impact of FDI in retail sector. Before carrying out the analysis the select variables are considered to log (L) value to get similar value for all the variables, namely LBOT (Balance of Trade), LCPI (Consumer Price Index), LEXRATE (Exchange Rate), LGDP (Gross Domestic Product), LIIP (Industrial Investment Production), LINFL (Inflation Rate), LIR (Interest Rate), LPPI (Producer Price Index), LTR (Total Reserve) and LUR (Unemployment Rate) for the study.