Banerjee, Sarmila; Bhattacharyya, Ranajoy - Volkswirtschaftliche Fakultät, … - 2004
India’s intra-industry trade (IIT) is evaluated and analyzed from 1971 to 2000. IIT is found to have an upward trend with a growth rate that is close to the growth rate of GNP. A host of macro economic indicators are cointegrated with IIT suggesting that there is a stable relationship between...