What is Pooled Data

One of the crucial parts of globalization is the upsurge in the volume of Foreign Direct Investment (FDI) inflows across economies. Thus, it becomes inevitable for the mutual benefit of the countries among themselves as it promotes economic cooperation between them. Due to the favorable demography and increasing population size, MINT economies (Mexico, Indonesia, Nigeria, and Turkey) gain particular attention to FDI for GDP growth. Hence, this chapter analyzes the paramount determinants of GDP growth of MINT economies in the period of 2000-2019. To fulfill the purpose of the study, a linear regression model and pooled data analysis statistical technique are employed. GDP is taken as a dependent variable, while some key factors like inflation, unemployment, FDI, and trade openness are taken as independent variables.