Foreign Direct Investment, Export, External Debt and Economic Growth in India- A VECM Approach

被引:0
|
作者
Shivakumar [1 ]
Thimmaiah, N. Babitha [1 ]
机构
[1] Visvesvaraya Technol Univ, Dept Management Studies, Ctr Post Grad Studies, Mysore, Karnataka, India
来源
PACIFIC BUSINESS REVIEW INTERNATIONAL | 2020年 / 13卷 / 06期
关键词
Economic growth; export; external debt; VECM; FDI; TIME;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The researcher attempted to analyse how FDI, export, external debt contribute to the economic growth of India. The author has developed various econometrics models to assess the relationship of the studied variables. The unit root tests, cointegration model and VECM revealed the short run and long run relationship of the studied variables. The study employed VECM to study the long run, short run and joint effect of the studied variables. The results showed significant effect from FDI, exports and external debt to economic growth. The Wald test result shows the short run relationship in export to economic growth and external debt to economic growth except FDI.
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页码:59 / 67
页数:9
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