EXPLORING THE NEXUS BETWEEN INTERNATIONAL TRADE DYNAMICS AND INDIA'S ECONOMIC GROWTH


Asha. Goudar, B.H.Nagoor
Department of Studies in Economics, Karnatak University, Dharwad, Karnataka, India
Abstract
This study investigates the relationship between key economic indicators in India, specifically focusing on economic growth (GDP), export, import, foreign direct investment (FDI), gross fixed capital formation (GFCF), and trade openness in India over the period from 1971-2021. The study involves cointegration analysis which establishes a longrun relationship between variables. we aim to provide valuable insights into the impact of international trade dynamics, exports, imports and foreign investments, and gross fixed capital formation on Indias economic growth.
Keywords: Cointegration, Trade, FDI
Journal Name :
EPRA International Journal of Economics, Business and Management Studies (EBMS)

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Published on : 2024-01-09

Vol : 11
Issue : 1
Month : January
Year : 2024
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