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This paper studies the links between pricing to market (PTM) and trade liberalization using data for India's exports (at the 4-digit level of classification) during the economic reforms period (1992-2005). We estimate a PTM model for exports to the G3 and three other emerging markets (Brazil,...
Persistent link: https://www.econbiz.de/10013102786
This paper studies the pricing to market (PTM) behaviour of Indian exporters during the economic reforms period (1992-2005). A PTM model has been estimated using panel data at the four-digit level of classification for the G3 and three emerging markets (Brazil, China and South Africa),...
Persistent link: https://www.econbiz.de/10012718211
Persistent link: https://www.econbiz.de/10012418765
Persistent link: https://www.econbiz.de/10011911651
In this paper, I analyze India's approach to capital account liberalization through the lens of the new literature on financial globalization. India's authorities have taken a cautious and calibrated path to capital account opening, which has served the economy well in terms of reducing its...
Persistent link: https://www.econbiz.de/10010269146
Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank, the Regional Banks and Economic Commissions. The 2005...
Persistent link: https://www.econbiz.de/10011807635
In this paper, I analyze India's approach to capital account liberalization through the lens of the new literature on financial globalization. India's authorities have taken a cautious and calibrated path to capital account opening, which has served the economy well in terms of reducing its...
Persistent link: https://www.econbiz.de/10003794018
A key challenge for macroeconomic policy in open economies is how to simultaneously manage exchange rates, interest rates and capital account openness - the trilemma. This paper calculates a trilemma index for India and investigates its evolution over time. We find that financial integration has...
Persistent link: https://www.econbiz.de/10008698332
Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank, the Regional Banks and Economic Commissions. The 2005...
Persistent link: https://www.econbiz.de/10003798394