Exports, Imports and Economic Growth in India

Exports, Imports and Economic Growth in India PDF Author: László Kónya
Publisher:
ISBN: 9781920948115
Category : Economic development
Languages : en
Pages : 23

Get Book Here

Book Description

Exports, Imports and Economic Growth in India

Exports, Imports and Economic Growth in India PDF Author: László Kónya
Publisher:
ISBN: 9781920948115
Category : Economic development
Languages : en
Pages : 23

Get Book Here

Book Description


Exports, Imports and Economic Growth in India

Exports, Imports and Economic Growth in India PDF Author: Mallesh Ummalla
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
This study investigates the causal relationship between exports, imports and economic growth in India during 1970-71 to 2013-14. Following time series properties, Johansen cointegration test confirms the existence of long-run relationship between variables. Results of multiple Granger causality based VECM suggests unidirectional causality running from economic growth to exports in the short-run, and unidirectional causality from economic growth and exports to imports in long-run. Overall, our result shows that growth-led exports hypothesis is a short-run phenomenon and growth-led imports hypothesis is a long-run phenomenon in India.

Exports, Imports, and Economic Growth in India

Exports, Imports, and Economic Growth in India PDF Author: Vijay Kumar
Publisher:
ISBN:
Category :
Languages : en
Pages : 23

Get Book Here

Book Description
The purpose of this research study is to shed light on the causal relationship between foreign trade and economic growth in India. This study analyzes Export-led growth (ELG) and Import-led growth (ILG) hypothesis in India. The author does so by analyzing the yearly data of Export, Import and Gross domestic product of India between 1980 and 2016. The author employed augmented Dickey-Fuller method and Phillip-Perron method to transform the all the data series into a stationary form. The author finds that all three variables i.e. Export, Import and Gross domestic product are highly positively correlated to each other. The result of Johansen co-integration test indicates cointegration and long-haul relationship among the variables. The result of the Granger causality and Toda-Yamamoto causality test shows unidirectional causal relationship between export and economic growth; the one-way causation exists between import and economic growth while economic growth causes export and import in India. The result of the impulse response function indicates that a change in the GDP is due to its own shocks whereas the impact of export shows certain effect on GDP. The analysis of the variance decomposition demonstrated that only 28.25% fluctuations in the GDP were explained due to its own shocks. Thus the outcome of the study indicates importance of export and import for economic growth is significance and foreign trade is heavily relied on economic growth of the country.

Trade, Investment and Economic Growth

Trade, Investment and Economic Growth PDF Author: Pooja Lakhanpal
Publisher: Springer Nature
ISBN: 9813369736
Category : Business & Economics
Languages : en
Pages : 396

Get Book Here

Book Description
The book contributes to the growing literature pertaining to empirical and policy issues in international trade, foreign capital flows and issues in finance, implications for India and emerging economies related to trade and development interface, and analysis of sector level growth and development in India. Further, the focus is on the policy aspects of these themes and their role in fostering economic development in the context of India and other emerging market economies. The discourse focuses mainly on empirical work and econometric details. The relevant issues are investigated using state of the art techniques such as gravity models, panel co-integration, generalized hyperbolic distributions, SEM, FMOLS and Probit models. In addition, detailed literature survey, discussions on data availability, issues related to statistical estimation techniques and a theoretical background, ensure that each chapter significantly contributes to the ever-growing literature on international trade and capital flows. The readers shall find an engaging dialogue on the crucial role played by policy and the trade-capital flows-growth experience of emerging economies. The book is relevant for those who are interested in contemporary issues in trade, growth and finance as well as for students of advanced econometrics who may benefit from the analytical and econometric exposition. The empirical evidences provided here could serve as ready reference for academicians, researchers and policy makers, particularly in emerging economies facing similar challenges.

Make in India

Make in India PDF Author: Rahul Anand
Publisher: International Monetary Fund
ISBN: 1513542273
Category : Business & Economics
Languages : en
Pages : 65

Get Book Here

Book Description
Structural transformation depends not only on how much countries export but also on what they export and with whom they trade. This paper breaks new ground in analyzing India’s exports by the technological content, quality, sophistication, and complexity of the export basket. We identify five priority areas for policies: (1) reduction of trade costs, at and behind the border; (2) further liberalization of FDI including through simplification of regulations and procedures; (3) improving infrastructure including in urban areas to enhance manufacturing and services in cities; (4) preparing labor resources (skills) and markets (flexibility) for the technological progress that will shape jobs in the years ahead; and (5) creating an enabling environment for innovation and entrepreneurship to draw the economy into higher productivity activities.

Exports, Inflation, and Growth

Exports, Inflation, and Growth PDF Author: Thorvaldur Gylfason
Publisher: International Monetary Fund
ISBN: 1451854137
Category : Business & Economics
Languages : en
Pages : 40

Get Book Here

Book Description
This paper identifies some of the main determinants of exports and economic growth in cross-sectional data from the World Bank, covering 160 countries in the period 1985-1994. First, the linkages between the propensity to export and population, per capita income, agriculture, primary exports, and inflation are studied by statistical methods. Then, the relationship between economic growth and some of the above-mentioned determinants of exports and investment are scrutinized the same way. The main conclusion is that, in the period under review, high inflation and an abundance of natural resources tended to be associated with low exports and slow growth.

Import and Export Trade Status of Bangladesh and China and its Impact on Economic Growth

Import and Export Trade Status of Bangladesh and China and its Impact on Economic Growth PDF Author: Nasif Ahmed
Publisher: GRIN Verlag
ISBN: 3346501671
Category : Business & Economics
Languages : zh-CN
Pages : 35

Get Book Here

Book Description
Bachelor Thesis from the year 2021 in the subject Business economics - Trade and Distribution, grade: 4.0, , language: Mandarin, abstract: The aim of this study is to examine the relationship between export, import and economic growth between China and Bangladesh. The study is mainly based on secondary sources of data which was collected from various books, journals, research works, publications etc. In this study, an attempt has been made to review the recently available literature related to export, import and economic growth with China-Bangladesh. Bilateral trades between Bangladesh and China have stretched significantly in recent years. Export, import and economic growth are very potential weapons in the economy of Bangladesh. The trade relationship between these two countries is increasing with time again the connection of Silk Road will give more boost to the economy of both the countries. Bangladesh is a developing country; its economy is inflicted by trade deficit from her very inception. In this paper, our objective is to examine and compare the international trade between the two countries, especially, the changes in the bilateral trade and identifying major trends of trade. Every year Bangladesh imports from China were US$10.35 Billion during 2015, according to the United Nations COMTRADE database on international trade. Our findings have been using to locate the strong sectors of future cooperation between these two countries to make the economy stronger and also policy implications for future trade and economic progress.

India U.S. Economic and Trade Relations

India U.S. Economic and Trade Relations PDF Author: Michael F. Martin
Publisher: Novinka Books
ISBN: 9781604567564
Category : India
Languages : en
Pages : 0

Get Book Here

Book Description
After decades of strained political relations, the U.S. and Indian governments are currently pursuing a "strategic partnership" based on numerous overlapping interests, shared values, and improved economic and trade relations. India is in the midst of a rapid economic expansion, and many U.S. companies view India as a lucrative market and a candidate for foreign investment. For its part, the current Indian government sees itself continuing the economic reforms started in 1991, aimed at transforming a quasi-socialist economy into a more open, market-oriented economy. However, the U.S. government is concerned that India's economic reforms are progressing too slowly and unevenly. Bilateral merchandise trade has grown from $6 billion in 1990 to $33 billion in 2006. Although India was only the 21st largest export market for the United States in 2006, the United States has become India's leading trading partner, mostly due to the growth in India's exports to the United States. However, recent increases in trade with China have made it a close second to the United States. In 2006, the U.S. bilateral trade deficit with India totalled $13 billion. In 2006, India's gross domestic product (GDP) grew by 9.2%, a growth rate second only to China among Asian nations. India's economic growth has also brought about the emergence of a sizeable "middle class" and the largest number of billionaires in Asia, but the country's mostly rural population remains comparatively poor and largely isolated from the benefits of growth. In addition, there is growing concern that the economy is "overheated", as evidenced by rising rates of inflation. Moreover, despite several years of strong growth, investment in infrastructure is lagging, creating a potential bottleneck for long-term economic expansion. Finally, attempts at additional economic reforms aimed at resolving these and other economic problems are constrained by India's political dynamics. Despite the significant liberalisation of India's trade and foreign investment policies, there remain a number of bilateral and multilateral trade issues between the United States and India. The United States seeks greater market access to India's agricultural market and key service sectors for its exports and for foreign direct investment. The United States is also concerned about "outsourcing", and would also like to see improvements in India's intellectual property rights protection. India, for its part, calls for the lowering of perceived U.S. barriers to agricultural and service imports, as well as an expansion of the H-1B visa program. Many of the more prominent Indo-U.S. trade issues may have indirect implications for Congress. The growth of India's services exports to the United States has contributed to congressional consideration of possible legislation to provide greater assistance to displaced U.S. workers. Also, India's growing demand for crude oil has raised the possibility of boosting bilateral energy co-operation. Finally, the passage of the Hyde Act in 2006 (PL 109-401) has led to the negotiations of a bilateral peaceful nuclear co-operation ("123") agreement, which cannot go into effect without congressional approval.

Accelerators of India's Growth—Industry, Trade and Employment

Accelerators of India's Growth—Industry, Trade and Employment PDF Author: Suresh Chand Aggarwal
Publisher: Springer Nature
ISBN: 9813293977
Category : Business & Economics
Languages : en
Pages : 364

Get Book Here

Book Description
This book offers a collection of distinguished contributions that identify current growth accelerators in India, and suggest policies and strategies to make India’s growth more sustainable and inclusive. The papers are divided into three sections, the first of which focuses on issues related to industrial growth in India. The discussions include India’s industrial development (manufacturing, construction and mining); role of manufacturing; global value chains; and of environment in industrial development. In turn, section II deals with issues related to trade and FDI as accelerators of India’s growth. The respective chapters explore the changing patterns of trade, impacts of technology, and spill-over effects of FDI, to name but a few. Lastly, the third section discusses employment-related issues like measurement of labour input, the dichotomy of the Indian labour market, the nature of firms and employment generation, and impacts of technology on employment. Given its scope and focus, the book offers an invaluable resource for researchers and policymakers alike.

Openness and Growth of the Indian Economy

Openness and Growth of the Indian Economy PDF Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 116

Get Book Here

Book Description