Macro analysis of linkages between export, import and economic growth: evidence from the Indian economy
This paper examines the long run and short run relationship between export and import of goods and services and Gross Domestic Product (GDP) in India from 1991 to 2023 using cointegration analysis, Vector Autoregressive (VAR) test, VAR Granger Causality test and Impulse Response Function analyses. T...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2025-03-01
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| Series: | Theoretical and Applied Economics |
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http://store.ectap.ro/articole/1822.pdf
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| _version_ | 1850273731732045824 |
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| author | Athira A Rajendran S |
| author_facet | Athira A Rajendran S |
| author_sort | Athira A |
| collection | DOAJ |
| description | This paper examines the long run and short run relationship between export and import of goods and services and Gross Domestic Product (GDP) in India from 1991 to 2023 using cointegration analysis, Vector Autoregressive (VAR) test, VAR Granger Causality test and Impulse Response Function analyses. The Johansen cointegration tests find that, there is no consistent, long-term relationship between GDP, export, and imports. Further the result of VAR Granger causality Test shows that export cause effect GDP, Import cause effect GDP, and Export cause import, which confirm that causality between the variables. |
| format | Article |
| id | doaj-art-21613b02b24349eabb5d5bbf0441c995 |
| institution | OA Journals |
| issn | 1841-8678 1844-0029 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | General Association of Economists from Romania |
| record_format | Article |
| series | Theoretical and Applied Economics |
| spelling | doaj-art-21613b02b24349eabb5d5bbf0441c9952025-08-20T01:51:23ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292025-03-01XXXII128930218418678Macro analysis of linkages between export, import and economic growth: evidence from the Indian economyAthira A0Rajendran S1 Institute of Economic Growth, India The Gandhigram Rural Institute, India This paper examines the long run and short run relationship between export and import of goods and services and Gross Domestic Product (GDP) in India from 1991 to 2023 using cointegration analysis, Vector Autoregressive (VAR) test, VAR Granger Causality test and Impulse Response Function analyses. The Johansen cointegration tests find that, there is no consistent, long-term relationship between GDP, export, and imports. Further the result of VAR Granger causality Test shows that export cause effect GDP, Import cause effect GDP, and Export cause import, which confirm that causality between the variables. http://store.ectap.ro/articole/1822.pdf economic growthtradecointegration and causality |
| spellingShingle | Athira A Rajendran S Macro analysis of linkages between export, import and economic growth: evidence from the Indian economy Theoretical and Applied Economics economic growth trade cointegration and causality |
| title | Macro analysis of linkages between export, import and economic growth: evidence from the Indian economy |
| title_full | Macro analysis of linkages between export, import and economic growth: evidence from the Indian economy |
| title_fullStr | Macro analysis of linkages between export, import and economic growth: evidence from the Indian economy |
| title_full_unstemmed | Macro analysis of linkages between export, import and economic growth: evidence from the Indian economy |
| title_short | Macro analysis of linkages between export, import and economic growth: evidence from the Indian economy |
| title_sort | macro analysis of linkages between export import and economic growth evidence from the indian economy |
| topic | economic growth trade cointegration and causality |
| url |
http://store.ectap.ro/articole/1822.pdf
|
| work_keys_str_mv | AT athiraa macroanalysisoflinkagesbetweenexportimportandeconomicgrowthevidencefromtheindianeconomy AT rajendrans macroanalysisoflinkagesbetweenexportimportandeconomicgrowthevidencefromtheindianeconomy |