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- W4319787984 abstract "This study revisits trade–growth dynamics in India augmenting the role of human capital for the liberalised trade regime. The autoregressive distributed lag-bounds testing approach finds cointegrating relation of income with the different combinations of export, import, exchange rate, trade openness, education and health dimension of human capital. The long-run and short-run dynamics of such relations confirm that both export and import enhance income growth that testifies export-led and import-led growth premises. Trade openness proves detrimental to growth, while human capital spurs growth. However, the growth gains from the human capital vary across alternative measures of human capital. A battery of diagnostic tests corroborates these inferences robustly. Policy manifestation for trade promotion might be beneficial for higher economic growth in India. JEL Codes: F43, F13, F14, O24" @default.
- W4319787984 created "2023-02-11" @default.
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- W4319787984 date "2023-01-30" @default.
- W4319787984 modified "2023-09-30" @default.
- W4319787984 title "Foreign Trade, Human Capital and Economic Growth in India under the Liberalised Trade Regime" @default.
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- W4319787984 doi "https://doi.org/10.1177/26316846221147581" @default.
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