Dynamics of globalization effect in India

Shikha Gupta and Nand Kumar

Managerial and Decision Economics, 2021, vol. 42, issue 6, 1394-1406

Abstract: As India steps in the fourth decade of globalization, we can look at the fruits of globalization more objectively. The relationship of globalization with growth is much more complex with economies opting for protectionism. The aim of the paper is to identify the pace of globalization in the Indian economy by capturing the portion of economic growth explained by foreign factors. The factor‐induced domestic and foreign factor loadings are used in the time‐varying estimations to suggest the evidence of slowbalization in India. The models supplemented with stochastic volatility help in examining the structural changes in the economy.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/mde.3313

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:42:y:2021:i:6:p:1394-1406

Access Statistics for this article

Managerial and Decision Economics is currently edited by Antony Dnes

More articles in Managerial and Decision Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().