Trade liberalization and macroeconomic variables: An empirical study in India since 1970

Reza, H. S. M. and Leelavathi, D. S. (2013) Trade liberalization and macroeconomic variables: An empirical study in India since 1970. Asian Journal of Development Matters, 7 (2). pp. 99-118. ISSN 0976-4674

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Abstract

This paper examines impact of trade liberalization on macroeconomic variables such as export, import, balance of payment and industrial growth pre and post trade liberalization, 1991, in India. To identify the impacts of trade liberalization, total time period, 1970�2010, is divided into two sub periods before trade liberalization i.e. (1970 to 1990) and after trade liberalization i.e. (1991 to 2010). The variables identified in the main objective of the study are tested hypothetically and quantitative analytical methods are applied to make accurate and reliable conclusions. Graphical presentations and T -test are used to compare pre and post trade policy reform. Findings of the study confirm that there is no evidence that the trade liberalization has positive effect on macroeconomic variables in India after trade liberalization.

Item Type: Article
Uncontrolled Keywords: Trade Liberalization and Industrial Growth and Export and Import and Balance of Payment
Subjects: A Arts and Humanities > Economics
Divisions: Department of > Economics and Cooperation
Depositing User: Arshiya Kousar Library Assistant
Date Deposited: 19 Dec 2019 05:56
Last Modified: 19 Dec 2019 05:56
URI: http://eprints.uni-mysore.ac.in/id/eprint/10281

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