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Theoretical and Applied Economics
No. 4 / 2020 (625), Winter

Exports, imports and economic growth in India: An empirical analysis

K. Krishna REDDY
Dr. B.R. Ambedkar Open University, Hyderabad, Telangana, India

Abstract. The study examines the relationship between exports, imports and economic growth in India, spanning the period from 1980-2019. The study findings confirmed the long-run relationship among exports, imports and economic growth and also reported that there is a unidirectional causality from economic growth to exports; exports to economic growth; exports to imports; imports to economic growth in the short-run. In the long-run, author confirmed that there is a bidirectional causality relationship between economic growth and exports; and exports and imports. Finally, the study results indicate that both exports and imports increase economic growth in India.

Keywords: India, trade, economic growth, cointegration, causality.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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