The Determinants of India’s Imports: A Gravity Model Approach

Mr. Nassir Ul Haq Wani, Dr. Jasdeep Kaur Dhami and Dr. Afzal Ur Rehman
Authors registered in the RePEc Author Service: Nassir ul Haq Wani () and Nassir Ul Haq Wani

MPRA Paper from University Library of Munich, Germany

Abstract: In order to understand the India’s import trade with its partners, this paper applies the generalized gravity model to analyse the import structure by employing the panel data estimation technique. The results portray that India’s imports are determined by the inflation rates, per capita income differentials and the overall openness of the countries involved in trade. It has been also found out that imports are influenced to a great degree by the common border, as the case is between India, China and Bangladesh. Furthermore, the country precise effects describe that the sway of neighbouring countries is more than that of distant countries on India’s imports.

Keywords: Gravity Model; Panel Data; India’s Imports. (search for similar items in EconPapers)
JEL-codes: F1 F14 K00 (search for similar items in EconPapers)
Date: 2016-10-20, Revised 2016-10-12
New Economics Papers: this item is included in nep-int
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Citations: View citations in EconPapers (2)

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