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Financial development plays an important role in the structure of the trade balance and promoting economic development. Trade literature suggests that differences in economies’ endowments of labour, land, physical capital and technology explain the dynamics and patterns of international trade...
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The paper is an attempt to analyze the behavior of money demand function in India using annual data for the period 1953-2008. Gregory and Hansen (1996) cointegration results show the presence of cointegration between demand for money, real GDP and nominal interest rate with structural break in...
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Financial development plays an important role in the structure of the trade balance and promoting economic development. Trade literature suggests that differences in economies' endowments of labour, land, physical capital and technology explain the dynamics and patterns of international trade...
Persistent link: https://www.econbiz.de/10012983297