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The role of exports in India's economic growth

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  • Pradeep Agrawal

Abstract

We analyze the role of exports in India's economic growth and examine whether the export-led growth hypothesis (ELGH) applies to India. Our causality analysis provides support for the validity of the ELGH for India in the trade liberalization phase. Error variance decomposition and other analyses are also undertaken; these corroborate the results of the causality analysis and suggest that the rapid growth of exports has played a substantial role in increasing the growth rate in India following the economic reforms of 1991.

Suggested Citation

  • Pradeep Agrawal, 2015. "The role of exports in India's economic growth," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 24(6), pages 835-859, September.
    • Handle: RePEc:taf:jitecd:v:24:y:2015:i:6:p:835-859
    DOI: 10.1080/09638199.2014.968192
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    Cited by:

    1. Tang, Chor Foon & Abosedra, Salah, 2019. "Logistics performance, exports, and growth: Evidence from Asian economies," Research in Transportation Economics, Elsevier, vol. 78(C).
    2. Shikha Gupta & Nand Kumar, 2021. "Three decades of narrow globalization: Evaluating India's exports between 1991 and 2017," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(2), pages 343-359, March.
    3. Tiwari, Aviral Kumar & Eapen, Leena Mary & Nair, Sthanu R, 2021. "Electricity consumption and economic growth at the state and sectoral level in India: Evidence using heterogeneous panel data methods," Energy Economics, Elsevier, vol. 94(C).
    4. Sreen, Naman & Purbey, Shankar & Sadarangani, Pradip, 2018. "Impact of culture, behavior and gender on green purchase intention," Journal of Retailing and Consumer Services, Elsevier, vol. 41(C), pages 177-189.

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