Impact of Indo–US trade on India’s economic growth: an empirical analysis

Iqbal, Badar Alam; Turray, Abdul M; Sami, Shaista

doi:10.1080/19186444.2017.1290918

Cited by 4 publications

(4 citation statements)

References 3 publications

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“…Based on the variables suggested by Iqbal et al (2017), Rahman and Shahbaz (2013), and Herzer (2008, the estimated equation after the natural logarithm transformation based on Vector Error Correction Model (VECM) is as below:…”

Section: Methodsmentioning

confidence: 99%

“…However, different countries would have different impacts of export on economic growth due to varying trade policies (Krasniqi & Topxhiu, 2017). Iqbal, Turray and Sami (2017) conducted research to study the impact of bilateral trade between India and the United State (US) on India's economic growth from the year 1985 to 2015. By using the regression model, the results show that export has a statistically significant impact on gross domestic product (GDP).…”

Section: Literature Reviewmentioning

confidence: 99%

“…In addition, a country who is over-relying on imports might unable to cover the cost owing to the lack of domestic production and this, in turn, harm the local economic growth. Iqbal et al (2017) also conducted research to study the impact of imports from US on India's economic growth. Using data from the year 1985 to 2015, the regression model shows a significant impact of imports on India's GDP growth.…”

Section: Literature Reviewmentioning

confidence: 99%

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The Impacts of Bilateral Trade and Foreign Direct Investment on Malaysia’s Economic Growth: The Roles of Singapore

Wong

Lee

Chong

2021

IJBS

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Open economy is essential for a country to achieve sustainable economic growth. There existsa bilateral tiebetween Malaysia and Singapore since 1965. Thisrelationship has made Singaporeachievedas a high-income nation that enjoys modern infrastructure and technology, skilled labour, and strong financial structure, but Malaysia is still trying to upgrade itself to become a high-income nation via open economy. Furthermore, Malaysia’s reliance on the external market has inevitablyleft the economy to be more exposed to external shock. This research analysesthe impacts of Malaysia’s bilateral trade and investment with Singapore on Malaysia’s economic growth from2008 to 2016. Vector error correction model (VECM) reveals that Malaysia’s exports to Singapore arepositive and significant on Malaysia’s economic growth and Malaysia’s OFDI in Singapore is significant but negative on Malaysia’s economic growth.However, Malaysia’s imports from Singapore and Malaysia’s inward foreign direct investment (IFDI) by Singapore have insignificant impacts on Malaysia’s economic growth. It concludes that only Malaysia’s exports to Singapore can help to increase Malaysia’s economic growth.Thus,Malaysia’sgovernment couldprovide incentives to encourage Malaysian local firms to boost the exportationsto Singapore.

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Section: Methodsmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

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The Impacts of Bilateral Trade and Foreign Direct Investment on Malaysia’s Economic Growth: The Roles of Singapore

Wong

Lee

Chong

2021

IJBS

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“…2) The empirical study by Iqbal et al (2017) examined the relationship between bilateral trade and economic growth of India with the US. The study covered a period of thirty years.…”

Section: Review Of Literaturementioning

confidence: 99%

Impact of Foreign Trade on Economic Growth in India in the Post Reform Period: An Empirical Analysis

Dr. Minhaj Uddin Barbhuiya

2023

epra

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Foreign trade plays an important role in the economic development of a nation. It is called engine of growth. It signifies trade between one country and other countries. Until 1991, India’s development strategy was mainly import substitution and self-reliance oriented. India has moved from a protectionist policy toward trade liberalization since 1991. The importance of foreign trade has increased in India due to liberalization, privatization and globalization, known as LPG reforms of 1991. These policies opened the Indian economy for foreign trade. During the reform period, Indias GDP has substantially increased. Today, India is one of the fasted growing economies in the world. Both exports and imports have also increased substantially in the post reform period in India. However, exports are lower than imports in India implying that Indias trade balance remains negative in the post liberalization period. This may be due to the fact that India is one of the largest importers of crude oil. The present paper examines the impact of foreign trade on India’s economic growth by applying regression. The study reveals that exports have significant positive impact on economic growth in India. KEY-WORD: Foreign trade, Export, Import, Regression, Economic growth

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Intelligent hybrid deep learning models for enhanced shipboard solar irradiance prediction and charging station

Konduru,

Naveen

2024

Renewable Energy

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Impact of Indo–US trade on India’s economic growth: an empirical analysis

Cited by 4 publications

References 3 publications

The Impacts of Bilateral Trade and Foreign Direct Investment on Malaysia’s Economic Growth: The Roles of Singapore

The Impacts of Bilateral Trade and Foreign Direct Investment on Malaysia’s Economic Growth: The Roles of Singapore

Impact of Foreign Trade on Economic Growth in India in the Post Reform Period: An Empirical Analysis

Intelligent hybrid deep learning models for enhanced shipboard solar irradiance prediction and charging station

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