Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/sage/the-dynamics-of-the-relationship-between-imports-and-economic-growth-Ml6jpcufTR
References (45)
-
C. Granger (1988)
Some recent development in a concept of causalityJournal of Econometrics, 39
-
R. Dornbusch (1992)
The Case for Trade Liberalization in Developing CountriesJournal of Economic Perspectives, 6
-
M. Singh (1985)
Import policy for a developing economy -
(2002)
Economics. New Delhi: McGrawHill Publishing Company Limited -
Sangho Kim, Hyunjoon Lim, Donghyun Park (2007)
Could Imports be Beneficial for Economic Growth? Some Evidence from Republic of Koreav -
(1995)
Dynamic econometrics -
S. Johansen, K. Juselius (2009)
MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEYOxford Bulletin of Economics and Statistics, 52
-
H. Cetintas, Salih Barişik (2009)
Export, Import and Economic Growth: The Case of Transition EconomiesTransition Studies Review, 15
-
S. Johansen (1992)
Cointegration in partial systems and the efficiency of single-equation analysisJournal of Econometrics, 52
-
K. Krishna, Norman Swanson, Ataman Ozyildirim (1998)
Trade, Investment and Growth: Nexus, Analysis and PrognosisInternational Trade
-
Graham, M. Dawson (1989)
The Theory of International TradeEconomic Affairs, 10
-
(1991)
Innovation and growth: Technological competition in the global economy -
Abdelhak Senhadji (1997)
Time-Series Estimation of Structural Import Demand Equations: A Cross-Country AnalysisEconometrics eJournal
-
D. Ricardo (1891)
On the Principles of Political Economy and TaxationThe Economic Journal, 1
-
Owen Humpage (2000)
Do imports hinder or help economic growthEconomic commentary
-
D. Dickey, W. Fuller (1979)
Distribution of the Estimators for Autoregressive Time Series with a Unit RootJournal of the American Statistical Association, 74
-
Nasim Shirazi, Turkhan Manap (2004)
Exports and Economic Growth Nexus: The Case of PakistanThe Pakistan Development Review, 43
-
D. Coe, E. Helpman (1993)
International R&D SpilloversIO: Productivity
-
Robert Lawrence (2000)
Does a Kick in the Pants Get You Going or Does It Just Hurt? The Impact of International Competition on Technological Change in U.S. Manufacturing -
Faridul Islam, Q. Hye, M. Shahbaz (2012)
Import-economic growth nexus: ARDL approach to cointegrationJournal of Chinese Economic and Foreign Trade Studies, 5
-
(2000)
The structure and behaviour of import demand in Ethiopia -
(2001)
Determinants of international trade flows: The case of Ethiopian -
C. Jebuni, A. Oduro, K. Tutu (1994)
Trade, payments liberalization, and economic performance in Ghana -
Joy Mazumdar (2001)
Imported machinery and growth in LDCsJournal of Development Economics, 65
-
R. Engle, C. Granger (1987)
Co-integration and error correction: representation, estimation and testingEconometrica, 55
-
R. Nelson, S. Winter (1974)
Neoclassical vs. Evolutionary Theories of Economic Growth: Critique and ProspectusThe Economic Journal, 84
-
M. Connolly (1998)
The Dual Nature of Trade: Measuring its Impact on Imitation and GrowthDevelopment Economics
-
David Currie, D. Hendry, Frank Srba (2007)
Co-Integration and Error Correction : Representation , Estimation , and Testing -
S. Johansen (1991)
Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive ModelsEconometrica, 59
-
Robert Lawrence, David Weinstein (1999)
Trade and Growth: Import-Led or Export-Led? Evidence from Japan and KoreaInternational Trade
-
J. Donges, W. Kasper (1971)
Industry and trade in some developing countriesWeltwirtschaftliches Archiv, 106
-
David Dollar (1992)
Outward-Oriented Developing Economies Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976-1985Economic Development and Cultural Change, 40
-
D. Rodrik (1999)
The New Global Economy and Developing Countries: Making Openness Work -
(2009)
Imports—growth relationship in India: Causality analysis -
Dennis Appleyard, S. Cobb (2007)
INTERNATIONAL ECONOMICS -
(1991)
Trade policy and promotion in Sub-Sahara Africa -
P. Saunders (2010)
A Time Series Analysis of the Role of Imports in India's Phenomenal Economic Growth, 9
-
S. Johansen (1991)
The Power Function of the Likelihood Ratio Test for Cointegration -
Vinod Mishra, S. Sharma, R. Smyth (2019)
Is economic development in the Pacific island countries export led or import ledPacific Economic Bulletin, 25
-
S. Johansen (1988)
STATISTICAL ANALYSIS OF COINTEGRATION VECTORSJournal of Economic Dynamics and Control, 12
-
Francisco Ramos (2001)
Exports, imports, and economic growth in Portugal: evidence from causality and cointegration analysisEconomic Modelling, 18
-
T. Awokuse (2007)
Causality between exports, imports, and economic growth: Evidence from transition economiesEconomics Letters, 94
-
B. Balassa (1971)
The Structure of Protection in Developing Countries -
S. Edwards (1991)
Trade Orientation, Distortions and Growth in Developing CountriesDevelopment Economics: Macroeconomic Issues in Developing Economies eJournal
-
R. Lucas (1988)
On the Mechanics of Economic Development
- Publisher
- SAGE
- Copyright
- © 2012 SAGE Publications
- ISSN
- 2277-9787
- eISSN
- 2321-0273
- DOI
- 10.1177/227797871200100105
- Publisher site
- See Article on Publisher Site
Abstract
In a developing country like India, the role of international trade is very significant. And, the relevance of export-led growth hypothesis in India has been the major issue of many empirical studies. But, the other aspect concerning the importance of imports in the economic growth of the country is yet a moot point. This article is an attempt to investigate the dynamics of the relationship between imports and economic growth in India for the period 1970–1971 to 2009–2010. Using time series techniques such as vector error correction estimates and Granger causality tests, we show the existence of a two-way relationship between import growth and income growth in the long run.
Journal
South Asian Journal of Macroeconomics and Public Finance – SAGE
Published: Jun 1, 2012