Modeling India's External Sector: Review and Some Empirics

N R Bhanumurthy, Sukanya Bose () and Swayamsiddha Panda ()
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Swayamsiddha Panda: National Institute of Public Finance and Policy

Working Papers from National Institute of Public Finance and Policy

Abstract: In the aftermath of global food fuel price spikes and the recent global financial crisis, understanding of external sector behaviour has become crucial. More specifically, the transmission mechanism of external sector shocks to domestic macroeconomic variables is essential for undertaking relevant policies to mitigate adverse impact of such shocks. Here an attempt has been made to review the theoretical and empirical issues relating to India's external sector behaviour and present a suitable analytical framework for macro modeling.

Pages: 36
Date: 2014-05
New Economics Papers: this item is included in nep-agr
Note: Working Paper 138, 2014
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Citations: View citations in EconPapers (4)

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