Impact of Agricultural Exports Segmentation on Economic Growth in India
Price: ₹ 500
Author: Binita Kumari , Chellai Fatih , Pradeep Mishra ,and G.K. Vani Hicham Ayad , Adelajda Matuka
Author Address: Department of Agricultural Economics, Rashtriya Kisan (PG) College, Shamli (affiliated to Chaudhary Charan Singh University, Meerut (India), Department of Based Education, University University Center of Maghnia Tlemcen Algeria, of Ferhat Abbas, Algeria
Keywords: Cointegration analysis, exports, GDP.
JEL Codes: F43, Q17, Q27, R11.
Abstract
Exports were the motor of a country's economic growth and development. Therefore, the main goal of all governments was to reach a certain level of economic growth. Therefore, this study aimed to examine the relationship between agricultural and nonagricultural exports and India's economic development indicator (GDP proxy). Different cointegration tests investigated the longlasting relationship between the three variables with regime shifts. The findings showed that agriculture exports had a significant effect on real GDP. However, no evidence of non-agricultural exports significantly affecting real GDP was observed. The causality analysis showed two-directional causal relationships between India's agricultural, non-agricultural and real GDP exports. In India, policymakers can use agricultural exports as a catalyst to boost economic growth.
Description
Indian Journal of Economics and Development
Volume 18 No. 1, 2022, 163-168
DOI: https://doi.org/10.35716/IJED/21203
NAAS Score: 5.15
Indexed in Clarivate Analytics (ESCI) of WoS
Indexed in Scopus
UGC Approved