IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v30y1998i6p761-774.html
   My bibliography  Save this article

India's trade balance in the 1980s an econometric analysis

Author

Listed:
  • D. M. Nachane
  • Prasad Ranade

Abstract

The paper is an examination of India's trade balance in the 1980s. The approach attempted is of examining the bilateral trade balances of India with nine trading partners from the non-communist bloc. The long-run equilibrium relations are studied via two VAR models in Johansen's multivariate cointegration framework. Five hypotheses of interest are singled out for attention. The nominal and real exchange rates consistently emerge as important influences on the trade balance. However, as the exchange rates fail weak exogeneity tests, policy implications are not clear cut.

Suggested Citation

  • D. M. Nachane & Prasad Ranade, 1998. "India's trade balance in the 1980s an econometric analysis," Applied Economics, Taylor & Francis Journals, vol. 30(6), pages 761-774.
    • Handle: RePEc:taf:applec:v:30:y:1998:i:6:p:761-774
    DOI: 10.1080/000368498325462
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/000368498325462
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/000368498325462?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Anne O. Krueger, 1983. "Trade and Employment in Developing Countries, Volume 3: Synthesis and Conclusions," NBER Books, National Bureau of Economic Research, Inc, number krue83-1.
    2. Anne O. Krueger, 1978. "Foreign Trade Regimes and Economic Development: Liberalization Attempts and Consequences," NBER Books, National Bureau of Economic Research, Inc, number krue78-1.
    3. Anne O. Krueger, 1983. "Trade and Employment in Less Developed Countries: The Questions," NBER Chapters, in: Trade and Employment in Developing Countries, Volume 3: Synthesis and Conclusions, pages 1-9, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mohsen Bahmani--Oskooee & Scott W. Hegerty & Jia Xu, 2013. "Exchange--rate volatility and US--Hong Kong industry trade: is there evidence of a 'third country' effect?," Applied Economics, Taylor & Francis Journals, vol. 45(18), pages 2629-2651, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gérard Grellet, 1988. "Stratégies d'industrialisation pour l'Afrique noire," Revue Tiers Monde, Programme National Persée, vol. 29(115), pages 1007-1019.
    2. Dani Rodrik, 1993. "Trade and Industrial Policy Reform in Developing Countries: A Review of Recent Theory and Evidence," NBER Working Papers 4417, National Bureau of Economic Research, Inc.
    3. Patricio Meller & Andrea Tokman, 1996. "Apertura comercial y diferencial salarial en Chile," Coyuntura Económica, Fedesarrollo, September.
    4. Julien Gourdon, 2011. "Wage inequality in developing countries: South–South trade matters," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 58(4), pages 359-383, December.
    5. Sebastian Edwards & Thomas O. Enders & Jesus Silva-Herzog, 1988. "The United States and Foreign Competition in Latin America," NBER Chapters, in: The United States in the World Economy, pages 9-77, National Bureau of Economic Research, Inc.
    6. repec:unu:wpaper:wp201558 is not listed on IDEAS
    7. repec:unu:wpaper:wp2015-58 is not listed on IDEAS
    8. Jorge Saba Arbache, 2001. "Trade Liberalisation and Labor Markets in Developing Countries: Theory and Evidence," Studies in Economics 0112, School of Economics, University of Kent.
    9. Edward Tower, 1986. "Industrial Policy In Less Developed Countries," Contemporary Economic Policy, Western Economic Association International, vol. 4(1), pages 23-35, January.
    10. José Gabriel Palma, 2014. "Has the income share of the middle and upper-middle been stable over time, or is its current homogeneity across the world the outcome of a process of convergence? The 'Palma Ratio' revisited," Cambridge Working Papers in Economics 1437, Faculty of Economics, University of Cambridge.
    11. Chong‐Hyun Nam, 2008. "Does Trade Expansion Still Promote Employment in Korea?," The World Economy, Wiley Blackwell, vol. 31(6), pages 720-737, June.
    12. Tony Addison & Finn Tarp, 2015. "Lessons for Japanese foreign aid from research on aid's impact," WIDER Working Paper Series 058, World Institute for Development Economic Research (UNU-WIDER).
    13. L. ALAN WINTERS & NEIL McCULLOCH & ANDREW McKAY, 2015. "Trade Liberalization and Poverty: The Evidence So Far," World Scientific Book Chapters, in: Non-Tariff Barriers, Regionalism and Poverty Essays in Applied International Trade Analysis, chapter 14, pages 271-314, World Scientific Publishing Co. Pte. Ltd..
    14. repec:ilo:ilowps:250014 is not listed on IDEAS
    15. Onaran, Özlem & Stockhammer, Engelbert, 2006. "The effect of FDI and foreign trade on wages in the Central and Eastern European Countries in the post-transition era: A sectoral analysis," Department of Economics Working Paper Series 94, WU Vienna University of Economics and Business.
    16. José Gabriel Palma, 2014. "Has the Income Share of the Middle and Upper-middle Been Stable around the ‘50/50 Rule’, or Has it Converged towards that Level? The ‘Palma Ratio’ Revisited," Development and Change, International Institute of Social Studies, vol. 45(6), pages 1416-1448, November.
    17. Atencio-De-Leon, Andrea & Lee, Munseob & Macaluso, Claudia, 2023. "Does Turnover Inhibit Specialization? Evidence from a Skill Survey in Peru," IZA Discussion Papers 16671, Institute of Labor Economics (IZA).
    18. Xiaoling Shu & Yifei Zhu & Zhanxin Zhang, 2007. "Global Economy and Gender Inequalities: The Case of the Urban Chinese Labor Market," Social Science Quarterly, Southwestern Social Science Association, vol. 88(5), pages 1307-1332, December.
    19. Hotchkiss, Julie L. & Moore, Robert E. & Rockel, Mark, 1994. "Export expansion and growth at different stages of development," MPRA Paper 9320, University Library of Munich, Germany.
    20. D. Sirin Saracoglu, 2009. "Adjustment under trade liberalization, labor market segmentation, and informal employment: A dynamic general equilibrium analysis of a three-sector-open economy," 2009 Meeting Papers 629, Society for Economic Dynamics.
    21. Vandana Chandra & Justin Yifu Lin & Yan Wang, 2013. "Leading Dragon Phenomenon: New Opportunities for Catch-up in Low-Income Countries," Asian Development Review, MIT Press, vol. 30(1), pages 52-84, March.
    22. Whitten, Greg, 2014. "Sector-specific bilateral trade and currency unions," Conference papers 332544, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    23. Rodgers, Yana Van der Meulen & Cooley, Jane C., 1999. "Outstanding Female Economists in the Analysis and Practice of Development Economics," World Development, Elsevier, vol. 27(8), pages 1397-1411, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:30:y:1998:i:6:p:761-774. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.