IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/14670.html
   My bibliography  Save this paper

Export and Economic Growth in India: Causal Interpretation

Author

Listed:
  • Pandey, Alok Kumar

Abstract

The present study focuses on the cointegration between Export and Gross Domestic Product and its components at current and constant prices. Time series data for Export and Gross Domestic Product and its components has been taken for the period 1950-51 to 2001-02. In the long run export and GDP reveal that export and GDP at constant prices are not cointegrable while export and GDP at current prices are cointegrable and also the direction of causality is positive. In the short run, through error correction mechanism it has been observed that GDP as dependent variable and export as an independent variable show that short run changes in export have affected positively to GDP and its components.

Suggested Citation

  • Pandey, Alok Kumar, 2006. "Export and Economic Growth in India: Causal Interpretation," MPRA Paper 14670, University Library of Munich, Germany, revised Oct 2006.
  • Handle: RePEc:pra:mprapa:14670
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/14670/1/MPRA_paper_14670.pdf
    File Function: original version
    Download Restriction: no

    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

    Gross Domestic Product; Export; Unit root test; Cointegration; Error Correction Model; Time series;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

    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:pra:mprapa:14670. 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: (Joachim Winter) or (Rebekah McClure). General contact details of provider: http://edirc.repec.org/data/vfmunde.html .

    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.