Journal•ISSN: 1391-5614
South Asia Economic Journal
SAGE Publishing
About: South Asia Economic Journal is an academic journal published by SAGE Publishing. The journal publishes majorly in the area(s): Trade barrier & Poverty. It has an ISSN identifier of 1391-5614. Over the lifetime, 363 publications have been published receiving 3777 citations.
Topics: Trade barrier, Poverty, Commercial policy, Investment (macroeconomics), Foreign direct investment
Papers published on a yearly basis
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TL;DR: In this article, the authors examined whether stock market and foreign exchange markets are related to each other or not and used Granger's Causality test and Vector Auto Regression technique.
Abstract: This article attempts to examine whether stock market and foreign exchange markets are related to each other or not. The study uses Granger’s Causality test and Vector Auto Regression technique on ...
151 citations
127 citations
TL;DR: In this paper, the authors examined whether financial development has "caused" economic growth in India since 1996 and examined the dynamic interactions between the growth of real Gross Domestic Product and indicators of financial development.
Abstract: This article examines whether financial development has ‘caused’ economic growth in India since 1996. The dynamic interactions between the growth of real Gross Domestic Product and indicators of fi...
107 citations
TL;DR: In this paper, the authors consider savings, investment and economic growth for India using annual time series data for the period 1950/51 to 2003/04 and use Perron's innovational outlier model to conduct unit root tests which endogenously determines structural break.
Abstract: This article considers savings, investment and economic growth for India using annual time series data for the period 1950/51 to 2003/04. The analysis uses Perron's innovational outlier model to conduct unit root tests which endogenously determines structural break. The empirical results show that the null hypothesis of unit root cannot be rejected for gross domestic product. Moreover, the results show that the most significant structural breaks over the last five decades correspond to the wars, regime change and the nationalization of the banks. The study also utilizes the autoregressive distributed lag (ARDL) approach to test for cointegration. Whilst the results support the existing evidence for the Carroll-Weil hypothesis, the study also finds that saving unambiguously determines investment in both the short and long runs. No evidence is found to support the commonly accepted growth models in India, that investment is the engine of economic growth.
90 citations
TL;DR: In this article, a model of the impact of aid on growth in an aid-recipient economy to derive a reduced-form growth equation, which is subsequently estimated by using time-series data for India over the period 1970-92.
Abstract: The article focuses on the impact of aid on growth by using a new approach in the aid-effectiveness literature related to the composition of foreign aid. We present a model of the impact of aid on growth in an aid-recipient economy to derive a reduced-form growth equation, which is subsequently estimated by using time- series data for India over the period 1970-92. The paper improves upon earlier work in the area of aid effectiveness by focusing on a neglected, though important issue, namely the aid-disaggregation and the way it affects the empirics of aid effec tiveness. Disaggregated aid data has been constructed by the OECD to test the rel evance of the aid-disaggregation hypothesis to aid effectiveness for India. Furthermore, the paper employs modern time-series econometric analysis based on general-to-specific modelling and co-integration to shed more light on a highly debatable topic. The empirical results obtained seem to suggest that the composi tion of aid matters for deriving robust conclusions ...
78 citations