The Impact of Export and FDI on the Economic Growth Rate in India: An ARDL Bound Testing Approach
Piyali Roy Chowdhury
Abstract:The development of exports is a crucial factor in driving the growth of the Indian economy. India has often experienced turbulence in its economic growth and development throughout its history. The study has demonstrated the disruptions that have taken place in the nation's development and export patterns by analysing data from 1970. Flow stability has only been found in FDI for the whole coverage period. Hence, attaining export stability and expansion are the two most crucial criteria for the Indian economy. … Show more
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