Dundee Discussion Papers in Economics 274: Relationship between trade openness and economic growth of India: A time series analysis

Monojit Chatterji, Sushil Mohan, Sayantan Ghosh Dastidar (Lead / Corresponding author)

    Research output: Working paper/PreprintDiscussion paper

    Abstract

    The paper aims to examine the empirical relationship between trade openness and economic growth of India for the time period 1970-2010. Trade openness is a multi-dimensional concept and hence measures of both trade barriers and trade volumes have been used as proxies for openness. The estimation results from Vector Autoregressive method suggest that growth in trade volumes accelerate economic growth in case of India. We do not find any evidence from our analysis that trade barriers lower growth.
    Original languageEnglish
    PublisherUniversity of Dundee
    Number of pages32
    Publication statusPublished - Apr 2013

    Publication series

    NameDundee Discussion Papers in Economics
    PublisherUniversity of Dundee
    No.274
    ISSN (Print)1473-236X

    Keywords

    • Trade openness
    • economic growth
    • India
    • time series analysis

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