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The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals that while much has already been achieved in both these economies, the Chinese reforms, especially with respect to manufacturing trade, have gone further and that this is likely...
Persistent link: https://www.econbiz.de/10003746305
The post WTO world trading system is witnessing proliferation of large number of Regional Trade Agreements (RTAs). Regionalism versus Multilateralism debate is not resolved decisively as there are divergent views on the methodology of trade liberalization. The slow pace of multilateral...
Persistent link: https://www.econbiz.de/10013130021
The article is a modest attempt to empirically examine the short-run causal nexus between Foreign Direct Investment (FDI) and foreign trade in India with selected trade partners using the Toda-Yamamoto non-Granger Causality approach. This analysis provides mixed results. With the selected trade...
Persistent link: https://www.econbiz.de/10013082547
Cointegration technique and error correction model was employed to examine the longrun causal nexus between foreign direct investment and foreign trade (imports and exports) in India. The data bases were on monthly basis and it covered from July 1992 to October 2003. By and large, the analysis...
Persistent link: https://www.econbiz.de/10013082551
Hsiao's sequential approach based on the concept of Granger causality and Akaike's Final Prediction Error criterion was employed to examine the short-run causal nexus between foreign direct investment (FDI) and foreign trade (imports and exports) in India. The data base were on monthly basis and...
Persistent link: https://www.econbiz.de/10013082556
The study seeks to foster fresh empirical evidence on how FDI is relevant to the foreign trade growth in India under a time-varying parameter model with vector autoregres-sive specification. The Johansen's cointegration test documents a significant and posi-tive long-run co-movement between FDI...
Persistent link: https://www.econbiz.de/10012256313
Foreign capital inflows have emerged as a powerful tool for transferring capital and technology from other economies, especially developed countries. Globalization has made way for international business to cross borders. Foreign Institutional Investor and Foreign Direct Investment (FDI) are two...
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