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Education, openness and economic growth in India: evidence from cointegration analysis

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  • Rudra P. Pradhan

Abstract

The export-led growth hypothesis (ELGH) is an interesting field of research in applied economics. The paper investigates the role of education on the ELGH in India during 1951-2009. Using cointegration and error correction model technique, it finds the feedback effect between education and growth, and a unidirectional causality from economic growth to openness. However, it does not find any significant causality between education and openness. The findings of the paper suggest that education has a supportive role to ELGH.

Suggested Citation

  • Rudra P. Pradhan, 2011. "Education, openness and economic growth in India: evidence from cointegration analysis," International Journal of Education Economics and Development, Inderscience Enterprises Ltd, vol. 2(2), pages 103-112.
    • Handle: RePEc:ids:ijeded:v:2:y:2011:i:2:p:103-112
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    Cited by:

    1. Nooraddin Sharify, 2016. "Investigation for an Approach to Optimise the Structure of Human Force," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 20(3), pages 306-325, Summer.

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