PAPERS- VOLUME 2, ISSUE 1 (Sept.-2016)

Exports and Economic Growth A Causality Test for Indian Economy

Authors
Pawan Kumar
Kanika Sharma

Abstract:

The present study proposes to investigate the causality between exports and economic growth (GDP) in India over the period 1972-2014. In the investigation of economic growth the role of the export variable has been emphasized. The study takes into account the recent advances in econometric techniques. The Co-integration test indicates that there is co-integration between exports and economic growth in India during the above said study period. Using the Granger causality test, we empirically find that there is unidirectional causality between exports and economic growth. In other words, causality runs from exports to economic growth and not vice versa. More specifically the study supports export-led growth (ELG) hypothesis.



Keywords: Keywords: Keywords: Exports, Economic Growth, Gross Domestic Product (GDP), Stationary, Unit Root, Augmented Dickey-Fuller (ADF) Test, Co-integration, Granger Causality, India.

Prabandhotsav 2016more_vert

Prabandhotsav 2016

Prabandhotsav 2016close

The Management Fest for giving a platform to students to showcase their knowledge, skill and capability..

Emanation 2016more_vert

Emanation 2016

Emanation 2016close

Baddi University Tech Fest 2016.

Baddi Universitymore_vert

Baddi University

Baddi Universityclose

The Society named Center for Advanced Studies in Engineering (CASE) was established on 2nd May, 2000 with a deep commitment to promote and propagate quality technical education. The commitment was translated into reality with the establishment of School of Engineering & Emerging Technologies (SEET) at Baddi in the year 2002.
The Society, through this institute, has been Providing B.Tech. engineering (CSE, IT, ECE, ME, EE, Civil Engg.Applied Sciences & Humanities),BCA, MCA, BBA, B.Com, B. Pharma and MBA courses to the youth of Himachal Pradesh and other states of India.