Erscheinungsdatum: 14.02.2017, Medium: Taschenbuch, Einband: Kartoniert / Broschiert, Titel: Impact of FDI Inflows on India's Balance of Payments, Titelzusatz: An Applied Econometrics Approach, Autor: Rahman, Mohd Nayyer, Verlag: SPS, Sprache: Englisch, Rubrik: Wirtschaft International, Seiten: 304, Informationen: Paperback, Gewicht: 469 gr, Verkäufer: averdo
Financing of India's Balance of Payments ab 59 € als Taschenbuch: Discernible Changes in Post Liberalisation Period. Aus dem Bereich: Bücher, Wissenschaft, Wirtschaftswissenschaft,
Impact of FDI Inflows on India's Balance of Payments ab 94.9 € als Taschenbuch: An Applied Econometrics Approach. Aus dem Bereich: Bücher, Wissenschaft, Wirtschaftswissenschaft,
Impact of FDI Inflows on India's Balance of Payments ab 94.9 EURO An Applied Econometrics Approach
One of the major indicators of a country's external performance is its current account. A Current Account Deficit decreases country's net foreign assets by the corresponding amount. India's Current Account has been impacted by several shocks and events over the last few decades. The country weathered a series of crises, including the devaluation of the rupee in 1966, oil shocks in 1973 and 1980, external payments crisis of 1991, the East Asian crisis of 1997, and the global financial crisis of 2008. This paper presents an analysis of India's Current Account from 1991-2013. We took major components of India's Import Bill like Crude Oil, Gold, etc., Components of Government Policies like Government Expenditure, FDI. We used Correlation matrix analysis, Econometric Regression Model, Statistic test & Granger causality test to analyze the relations of different explanatory variables with Current Account & tried to find out which variable is affecting the Current Account the most, which will give us the reasons behind the recent India's Current Account Deficit widening.
One of the most successful aspects of India's structural reforms has been the strength and dynamism of its external sector. The sector continues to be robust, despite sharp increase in India's imports over exports leading to huge trade deficits. India's balance of payments has recorded large and persistent surpluses, with foreign exchange reserves at around US $ 360 billion during February 2017. Increased earnings from exports of services and remittances coupled with enhanced foreign investment inflows have provided strength to the external sector. The overall objective of this work is an attempt to identify and quantify linkages between the domestic & world economic variables and the current account of India's BOP, so as to make them more meaningful in policy terms. Applied econometric methodology in keeping with the modern time series analysis is utilised to ensure rigorous analysis and valid inferences. This study utilising the available econometric techniques attempts to analyse the trends, growth rates, composition & direction of India's exports and imports of goods and services and identified the determinants of these flows at aggregate and disaggregate levels.