An autonomous research institute under the Ministry of Finance

 

Publications

Modeling India's External Sector: Review and Some Empirics

Publication date

  • मई, 2014

    • Details

    NIPFP Working Paper No. 138

    Authors

    N.R. Bhanumurthy, Sukanya Bose and Swayamsiddha Panda

    Abstract

    In the aftermath of global food & fuel price spikes and the recent global financial crisis, understanding of external sector behaviour has become crucial. More specifically, the transmission mechanism of external sector shocks to domestic macroeconomic variables is essential for undertaking relevant policies to mitigate adverse impact of such shocks. Here an attempt has been made to review the theoretical and empirical issues relating to India’s external sector behaviour and present a suitable analytical framework for macro modeling. 

  • Download
    • blog comments powered by Disqus