IDEAS home Printed from https://ideas.repec.org/a/jge/journl/241.html
   My bibliography  Save this article

Export and Economic Growth in India: Causal Interpretation

Author

Listed:
  • Alok Kumar Pandey

Abstract

The relationship between export and economic growth has been an important issue of discussion among scholars and economist throughout the world. The existence of nexus in between export and economic growth can be examined in several ways like growth rates relating to GDP and export, proportion of export to growth, several policies relating to accelerate economic growth and export etc. The effective way to explore nexus in export and economic growth would be the causal analysis between two variables. In the present paper, an attempt has been made to explore the relationship in between export and economic growth in Indian economy with the help of technique of causality and error correction mechanism. For this purpose, data relating to export and GDP for the period 1950-51 to 2001-02 have been taken into account. Data regarding GDP has been taken for the period 1950-51 to 2001-02 at current prices as well as at constant prices. Moreover, in order to examine causality in between export and economic growth, GDP and its components (at current and constant prices) as (1) NDP at factor cost, (2) GDP at market prices, (3) NDP at market prices, (4) GNP at factor cost, (5) NNP at factor cost, (6) GNP at market price, (7) NNP at market prices have been taken in the present study (Handbook of Statistics on Indian Economy, Economic Survey).

Suggested Citation

  • Alok Kumar Pandey, 2006. "Export and Economic Growth in India: Causal Interpretation," Journal of Global Economy, Research Centre for Social Sciences,Mumbai, India, vol. 2(4), pages 245-277, December.
  • Handle: RePEc:jge:journl:241
    as

    Download full text from publisher

    File URL: http://www.rcssindia.org/jge
    Download Restriction: Only to subscribers

    File URL: http://www.rcssindia.org
    Download Restriction: Not freely downloadable

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Chow, Peter C. Y., 1987. "Causality between export growth and industrial development : Empirial evidence from the NICs," Journal of Development Economics, Elsevier, vol. 26(1), pages 55-63, June.
    2. Michaely, Michael, 1977. "Exports and growth : An empirical investigation," Journal of Development Economics, Elsevier, vol. 4(1), pages 49-53, February.
    3. Esfahani, Hadi Salehi, 1991. "Exports, imports, and economic growth in semi-industrialized countries," Journal of Development Economics, Elsevier, vol. 35(1), pages 93-116, January.
    4. Bahmani-Oskooee, Mohsen & Mohtadi, Hamid & Shabsigh, Ghiath, 1991. "Exports, growth and causality in LDCs : A re-examination," Journal of Development Economics, Elsevier, vol. 36(2), pages 405-415, October.
    5. Kavoussi, Rostam M., 1984. "Export expansion and economic growth : Further empirical evidence," Journal of Development Economics, Elsevier, vol. 14(1), pages 241-250.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Indian Economy; International Trade; Exports; Economic growth; determinants;

    JEL classification:

    • F1 - International Economics - - Trade

    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:jge:journl:241. 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: (Dr J K Sachdeva). General contact details of provider: http://www.rcssindia.org .

    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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.