With the advent of WTO, India entered into the era of trade reforms in 1991 and is moving gradually towards an open economy. It is widely believed that export and import growth is crucial in providing the impetus for economic growth in developing countries and imports provide the important...

This paper reassesses the dynamic links between trade and growth in India during the post-independence period. The main result is a short-run bi-directional relationship between exports and output growth. This finding is supported both by standard Granger causality tests, and by an alternative...

This paper provides an overview of the impact of the global financial crisis (GFC) on the Indian economy. It identifies the channels through which the GFC has impacted the Indian economy and evaluates the stimulus packages that have been put in place by the government of India. Finally, the...

Inclusive Growth as the literal meaning of the two words refers to both the pace and the pattern of the economic growth. The Inclusive Growth approach takes a long term perspective as the focus is on productive employment rather than on direct income distribution, as a means of increasing...

The paper adopts a time series framework of the Vector Error Correction Models (VECM) to study the dynamic relationship between export, FDI and GDP for six emerging countries of Chile, India, Mexico, Malaysia, Pakistan and Thailand. Stationarity of the series with structural breaks is also...

This paper empirically examined the causality between electricity consumption and economic growth in two densely populated countries in South Asia, India and Pakistan. The causality analysis was estimated at aggregated and disaggregated level where the focus of the analysis was on the...

Singh and Kónya (2006) studied the relationship between Indian GDP, exports, and imports from 1950/51 to 2003/2004. A logical further step is to investigate the same issue for two major sectors of the Indian economy: agriculture and manufacturing. In both sectors there is evidence of Granger...

The main purpose of this study is to re-examine the threshold effect of inflation and economic growth relationship in India. Methodology: The study estimated the non-linear regression model to examine the non-linearity between inflation and growth, further logistic smooth transition regression...

Though India has a long history of foreign direct investment (FDI) inflows, the actual FDI postindependence was quite low. Post-1991 liberalization policies supported inflow of FDI. Overall there is increase in foreign trade from 1991 to 2012 however the annual growth has not been consistent...

In the present economic scenario, especially after global economic crisis, the condition of India’s balance of payment and trade deficit is very severe. Investment has made the need of hour to bridge this gap. An attempt has been made in this paper, to discuss the need of opening up the route...