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Persistent link: https://www.econbiz.de/10002529698
In this paper, we consider the forecasting power, both in- and out-of-sample, of 11 financial variables with respect to the growth rate of Indian industrial production over the monthly out-of-sample period of 2005:4-2011:4, using an in-sample of 1994:1-2005:3. The financial variables used are:...
Persistent link: https://www.econbiz.de/10009404615
In this paper we study the relationship between output and inflation for India, Brazil, and South Africa using the EGARCH model. For India and South Africa, we find evidence for: (1) the Cukierman and Meltzer hypothesis that inflation volatility raises inflation; (2) the Friedman hypothesis that...
Persistent link: https://www.econbiz.de/10013066153
Oil plays a very important role in the Indian economy and the stock market. In India, oil is key factor as nearly 85% of crude oil requirements are fulfilled through imports. It is believed that Indian stock market and crude oil are inversely proportional. In the past, it was seen that when...
Persistent link: https://www.econbiz.de/10014439360
The paper uses Markov Switching AR approach to model business cycles in Indian economy during the period 1982-2009, using quarterly data on industrial production. For the current cycle, the MS (2)-AR (4) model predicts that the probability of expansion is higher than the probability of...
Persistent link: https://www.econbiz.de/10014041305
This paper attempts to examine, compare and forecast the per capita GDP of India, the USA, China, and Japan for a period of ten years from 2020 to 2029. It studies the concept of economic convergence which states that the developing economies’ per capita income levels tend to move at a faster...
Persistent link: https://www.econbiz.de/10013216161
have been applied to explore the long-run equilibrium relationship between foreign direct investment and economic growth …. The analysis reveals that economic growth and the foreign direct investment are co-integrated and, hence, a long …-run equilibrium relationship exists between them. It is observed that the foreign direct investment is positively relate to gross …
Persistent link: https://www.econbiz.de/10012998678
Indian equity market. Particularly, the study tries to examine the effects of FIIs investment on equity return, stock market … investment flows into the country have continued to demonstrate the high level of confidence that the international investors …
Persistent link: https://www.econbiz.de/10013082624
The present paper empirically analyses the relationship between Saving, Investment and Growth rate in India. During the … the long run and sectoral per worker savings to investment links in both the short and long run. This implies the need to … analysis, we find that all the variables selected for the study i.e. Private Saving, Investment and M3/GDP are integrated to …
Persistent link: https://www.econbiz.de/10013056622
supply of human capital. Therefore, investment in education has been considered to be growth oriented. But, there is an … ongoing debate regarding the effects of educational investment on economic growth across the world. The primary objective of … this paper is to carry out an empirical investigation on the relationship between investment in education and economic …
Persistent link: https://www.econbiz.de/10012943691