IDEAS home Printed from https://ideas.repec.org/a/icf/icfjmo/v08y2010i1&2p113-127.html
   My bibliography  Save this article

Inflation and Trade Openness: Empirical Investigation for India

Author

Listed:
  • Ajit R Joshi
  • Debashis Acharya

Abstract

The question whether increased openness on trade account creates a favorable atmosphere for inflation reduction has been examined in the present study. The empirical results employing quarterly data over the 21-year period from 1984-85 to 2004-05, indicate that while trade openness has significantly contributed to the disinflation process, the decline in the world inflation rate has also been a significant environmental factor for this decline. The study also finds that the relationship has grown stronger, in terms of structural break, since 1989, when the trade liberalization started showing macroeconomic effects.

Suggested Citation

  • Ajit R Joshi & Debashis Acharya, 2010. "Inflation and Trade Openness: Empirical Investigation for India," The IUP Journal of Monetary Economics, IUP Publications, vol. 0(1 & 2), pages 113-127, February .
    • Handle: RePEc:icf:icfjmo:v:08:y:2010:i:1&2:p:113-127
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Biswajit Maitra & Tafajul Hossain, 2020. "Inflation in India: causes and anti-inflationary policy perception," International Journal of Economic Policy Studies, Springer, vol. 14(2), pages 363-387, August.
    2. Prof. Hyacinth Ichoku & Dr. Ihuoma Anthony & Dr. Tosin Olushola & Apinran Martins, 2023. "Analyzing the Evolving Relationships among Climate Change, Insecurity, and Food Price Inflation in Nigeria: NARDL Approach," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(11), pages 100-124, November.
    3. Uzair Hassan Khan & Muhammad Daniyal Imran, 2023. "Relationship between Inflation and Other Macro Economics Factors: Comparative Study of Germany, Japan and New Zealand," Journal of Economic Impact, Science Impact Publishers, vol. 5(1), pages 76-87.
    4. Ajit R. Joshi & Debashis Acharya, 2011. "Inflation Model for India in the Context of Open Economy," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 12(1), pages 39-59, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjmo:v:08:y:2010:i:1&2:p:113-127. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: G R K Murty (email available below). General contact details of provider: .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.