Nataraj, Geethanjali; Sahoo, Pravakar; Kamaiah, B - Institute for Social and Economic Change (ISEC) - 2001
This paper attempts to test the long run relationships among exports, imports, gross domestic capital formation, trade policy and GDP in India using annual data from 1965- 66 to 1997- 98. The empirical framework of Vector Autoregressions (VARs) augmented with an error correction mechanism has...