IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Long Run Equilibrium Between Indias’S Exports And Imports During 1949-50 -2004-05

  • M.UPENDER

    ()

An attempt has been made in the present paper to see is there long run equilibrium relationship between India’s exports and imports during the 1949-50 to 2004-05. The empirical results based on unit root tests, co integration and error correction modeling exemplifies that the exports and imports are co integrated showing existence of long run equilibrium between India’s exports and imports .The elasticity of India’s exports with respect to imports is slightly more than unity revealing that the ratio of exports to imports goes on increasing slightly with the increase in imports. The elasiticity of India’s imports with respect to exports is somewhat less than unity implying that the ratio of imports to exports goes on declining with the increase in imports. The economic reforms that have been initiated since 1992 could not facilitate in correcting more percentage of disequilibrium during post economic reform period as the regression coefficient of interaction variable is negatively insignificant. The results based on error correction model of first differenced Y on first differenced X and errors in lagged year show that the system corrects its preceding period’s disequilibrium between long run and short run periods by twenty seven percent a year.

If 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.

File URL: http://www.usc.es/economet/journals1/aeid/aeid7117.pdf
Download Restriction: Access restricted to subscribers. Free on line subscription for universities from low income countries. More information at http://www.usc.es/economet/info.htm

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Euro-American Association of Economic Development in its journal Applied Econometrics and International Development.

Volume (Year): 7 (2007)
Issue (Month): 1 ()
Pages:

as
in new window

Handle: RePEc:eaa:aeinde:v:7:y:2007:i:1_17
Contact details of provider: Web page: http://www.usc.es/economet/eaa.htm

Order Information: Web: http://www.usc.es/economet/info.htm Email:


No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:eaa:aeinde:v:7:y:2007:i:1_17. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (M. Carmen Guisan)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.