An Error-Correction Analysis Of India-Us Trade Flows
AbstractThe study finds that India¡¯s exports to the US have been significantly affected by GDP per capita of the US, WPI of the India and the US, and exchange rate; and India¡¯s import from the US is significantly affected the India¡¯s GDP and WPI in the long-run. Static analysis of causality asserts that WPI of the US Granger causes the India¡¯s exports to the US and the GDP of the US. Further, WPI of the India Granger causes the GDP of the US and the exchange rate Granger causes WPI of the US. Moreover, GDP of the India Granger causes her imports from the US; and WPI of the India and exchange rate Granger cause WPI of the US.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Chung-Ang Unviersity, Department of Economics in its journal Journal Of Economic Development.
Volume (Year): 37 (2012)
Issue (Month): 1 (March)
Bilateral Trade; Granger-Causality; IRFs;
Find related papers by JEL classification:
- C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
- F15 - International Economics - - Trade - - - Economic Integration
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Marial awou Yol & Ahmad zubaidi Baharumshah, 2007. "Estimating Exchange Rate And Bilateral Trade Balance Relationships: The Experience Of Sub-Saharan African Countries," South African Journal of Economics, Economic Society of South Africa, vol. 75(1), pages 35-51, 03.
- Tsangyao Chang & Yuan-Hong Ho & Chiung-Ju Huang, 2005. "A Reexamination Of South Korea¡¯S Aggregate Import Demand Function: The Bounds Test Analysis," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 30(1), pages 119-128, June.
- Mohsen Bahmani-Oskooee & Orhan Kara, 2003. "Relative Responsiveness of Trade Flows to a Change in Prices and Exchange Rate," International Review of Applied Economics, Taylor & Francis Journals, vol. 17(3), pages 293-308.
- Masih, Abul M. M. & Masih, Rumi, 1996. "Energy consumption, real income and temporal causality: results from a multi-country study based on cointegration and error-correction modelling techniques," Energy Economics, Elsevier, vol. 18(3), pages 165-183, July.
- Halicioglu, Ferda, 2008.
"The bilateral J-curve: Turkey versus her 13 trading partners,"
Journal of Asian Economics,
Elsevier, vol. 19(3), pages 236-243, June.
- Halicioglu, Ferda, 2007. "The Bilateral J-curve: Turkey versus her 13 Trading Partners," MPRA Paper 3564, University Library of Munich, Germany.
- Thomas M Fullerton Jr & Richard L Sprinkle, 2005. "An Error Correction Analysis of U.S.-Mexico Trade Flows," International Trade 0506003, EconWPA.
- Gonzalo, Jesus, 1994. "Five alternative methods of estimating long-run equilibrium relationships," Journal of Econometrics, Elsevier, vol. 60(1-2), pages 203-233.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Changhui Kang).
If references are entirely missing, you can add them using this form.