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Relationship between trade openness and economic growth of India: A time series analysis

Chatterji Monojit, Mohan Sushil and Dastidar Sayantan Ghosh
Authors registered in the RePEc Author Service: Sayantan Ghosh Dastidar

No 2013-27, SIRE Discussion Papers from Scottish Institute for Research in Economics (SIRE)

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.

Keywords: Trade openness; economic growth; India; time series analysis (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-gro, nep-hap and nep-int
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Related works:
Journal Article: RELATIONSHIP BETWEEN TRADE OPENNESS AND ECONOMIC GROWTH OF INDIA: A TIME SERIES ANALYSIS (2014) Downloads
Working Paper: Relationship between trade openness and economic growth of India: A time series analysis (2013) Downloads
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