Pandey, Alok Kumar (2006): Export and Economic Growth in India: Causal Interpretation. Published in: Journal of Global Economy , Vol. 2, No. 4 (December 2006): pp. 245-277.
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The present study focuses on the cointegration between Export and Gross Domestic Product and its components at current and constant prices. Time series data for Export and Gross Domestic Product and its components has been taken for the period 1950-51 to 2001-02. In the long run export and GDP reveal that export and GDP at constant prices are not cointegrable while export and GDP at current prices are cointegrable and also the direction of causality is positive. In the short run, through error correction mechanism it has been observed that GDP as dependent variable and export as an independent variable show that short run changes in export have affected positively to GDP and its components.
|Item Type:||MPRA Paper|
|Original Title:||Export and Economic Growth in India: Causal Interpretation|
|English Title:||Export and Economic Growth in India: Causal Interpretation|
|Keywords:||Gross Domestic Product, Export, Unit root test, Cointegration, Error Correction Model, Time series|
|Subjects:||C - Mathematical and Quantitative Methods > C2 - Single Equation Models; Single Variables > C22 - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models|
|Depositing User:||Alok Kumar Pandey|
|Date Deposited:||30. Jun 2009 09:09|
|Last Modified:||15. Feb 2013 08:11|
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