Savings behaviour is important because of the close relation between savings and growth. Thus this paper presents individual country analysis of the savings behaviour in five main South Asian countries, namely India, Pakistan, Bangladesh, Sri Lanka and Nepal, using modern time series procedures....

India's exports of modern services have grown consistently over the last three decades and more so since 1991. Sustaining modern services exports (MSEs), which in India enjoy comparative advantage, is important for sustaining service-led growth and maintaining stability on the external sector....

Given the limited capital flows to developing countries in South Asia, domestic savings is the primary source of investment and growth. Financial sector development and access to financial institutions are important determinants of savings ratios in developing countries. In this context, we...

The paper investigates the role of infrastructure in promoting economic growth in China using ARDL and GMM techniques for the period 1975 to 2007. In this context, an attempt is made to understand growth accounting equations to investigate the impact of infrastructure development on output....

We examine the output elasticity of infrastructure for four South Asian countries viz., India, Pakistan, Bangladesh, and Sri Lanka using panel cointegration techniques for the period 1980--2005. In this context, we develop an index of infrastructure stocks and investigate the impact of...

India’s exports of modern services have grown consistently over the last three decades and more so since 1991. Sustaining Modern Services Exports (MSEs), which in India enjoy comparative advantage, is important for sustaining service-led growth and maintaining stability on the external sector....

India opened up its stock market in the early 1990s allowing the Foreign Institutional Investors (FIIs) to invest in the Indian Stock Markets. It is widely believed that FIIs are the most volatile investors in the Indian stock market. It is also noticed that generally stock market volatility...

The literature regarding the impact of government expenditure on economic growth is at best mixed. Given the conflicting results, we examine the impact of government developmental expenditure on India’s economic growth. Our study spans the period from 1950 to 2007. We have employed standard...

Over the years, there has been extensive research on the relationship between a country’s export and economic growth with ambiguous and mixed results. The mixed results are due to bi-variate approach used in the analysis and periodisation (combining both import substitution and export...

This study investigates the determinants of savings behavior in India and the direction of causality between savings and income per capita as these have important implications for development policy. We estimate long-run savings functions for India using modern co-integration procedures. Our...