The study examines the volatility linkages between India and Asian tiger cubs, i.e., the Philippines, Indonesia, Malaysia, and Thailand. It aims to explore the spillover effects of volatility among these countries' stock markets to provide valuable insights to investors and policymakers. To...

The export-led growth and growth-driven exports are two different views which has been a debate in literature for so long. On one hand the scholars like Michaely (1977), Feder (1982) support Export-led growth and on the other hand we have scholars like Bhagwati (1978), and Kunst & Marin (1989)...

Foreign Institutional Investors is one of the very important source of portfolio capital. Earlier, the capital flow was only among the industrialized economy and the flows towards the developing economies was limited. Foreign Institutional Investors have been playing a key role in the Indian...

The purpose of this research study is to shed light on the causal relationship between foreign trade and economic growth in India. This study analyzes Export-led growth (ELG) and Import-led growth (ILG) hypothesis in India. The author does so by analyzing the yearly data of Export, Import and...

The purpose of this study is to explore the relationship between public expenditure and economic growth in India using yearly time-series data from 1980-81 to 2015-16. Researchers often debated the relationship between public sector expenditure and its impact on economic growth. Even literature...

Over the years, the MSME sector has emerged as a crucial component of the Indian economy and now it has taken the centre stage in India’s economic development due to its significant contribution in terms of output, exports and employment. This paper investigates the causal relationship between...

This study investigates the causal nexus between public expenditure and economic growth in India using cointegration approach and error correction model. The analysis was carried out over the period 1973 to 2012. The Cointegration test result confirms the existence of long-run equilibrium...

In any country, developed or less developed, mobilization of resources constitutes an important aspect of achieving a higher level of economic growth. And, as a source of resource mobilization, the role of tax revenue is very significant in developing countries like India. Thus, this paper is an...