A Time Series Analysis of the Role of Imports in India's Phenomenal Economic Growth (Report) A Time Series Analysis of the Role of Imports in India's Phenomenal Economic Growth (Report)

A Time Series Analysis of the Role of Imports in India's Phenomenal Economic Growth (Report‪)‬

Indian Journal of Economics and Business 2010, March, 9, 1

Indian Journal of Economics and Business
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Publisher Description

Abstract This paper investigates the role of imports in India's impressive economic growth. Annual data ranging from 1970 to 2005 are used to investigate the impact of imports on economic growth that is measured by the real GDP. Johansen's (1988) cointegration tests indicate that these two variables are cointegrated. Therefore, a long run relationship between imports and the real GDP exists. A vector error correction (VEC) testing framework is used in a further data analysis. VEC tests indicate that imports have impacted positively India's economic growth in the short run. Therefore, imports may have played an important role in India's recent economic growth.

GENRE
Business & Personal Finance
RELEASED
2010
1 March
LANGUAGE
EN
English
LENGTH
18
Pages
PUBLISHER
Indian Journal of Economics and Business
PROVIDER INFO
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
276.7
KB

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