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...

In this paper, the causal nexus between savings and economic growth in India is investigated within the framework of causality, co-integration and error correction in the presence of a structural break, using annual data from 1950-1951 to 1998-1999. Identifying the structural breaks in both...

Using the annual data from 1960-61 to 1996-97, this paper attempts to test the causal nexus between total central government expenditures and total central government revenues in the case of India, within the empirical framework of causality, cointegration and error correction mechanism in the...