MARC details
| 000 -LEADER |
|---|
| fixed length control field |
02050nab a2200193 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
190510b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Rajesh, Raj |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Assessing the Impact of Great Recession on India’s Trade in Gravity Model Framework |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
|---|
| Place of publication, distribution, etc |
|
| Name of publisher, distributor, etc |
|
| Date of publication, distribution, etc |
|
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
239–270 p. |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc |
This study examines the efficacy of trade channel in the transmission of recent Great Recession impulses to the Indian economy. To investigate the impact of Great Recession on India’s trade, gravity model of trade was estimated by regressing trade flows on size of economies, level of economic development, geographical distance and dummies for common border, landlocked country, islands, colonial history, common language, etc. For the same, quarterly data with respect to 11 advanced nations (namely, Austria, Australia, Canada, Denmark, Japan, Korea, New Zealand, Sweden, Switzerland, the United Kingdom and the USA) and nine emerging market economies (EMEs), including the BRICS nations (namely, Brazil, Russia, Indian, China, South Africa; Indonesia, Mexico, Saudi Arabia and Turkey) for the period from 2001q1 to 2013q4 were considered. Estimations suggest that Great Recession had an adverse impact on India’s bilateral import volume and total trade volume after a lag of three quarters. Findings validate that trade channel acted as a conduit for transmission of Great Recession impulses to the Indian economy. This suggests that as the Indian economy becomes progressively more integrated with the global economy, containment of potential adverse shocks emanating from trade sector would call for more pro-active policies. Lessons from the Indian economy could be useful for other similar EMEs. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Trade |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
gravity model |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
Great Recession |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name as entry element |
panel data |
| 773 0# - HOST ITEM ENTRY |
|---|
| Host Biblionumber |
39890 |
| Place, publisher, and date of publication |
New Delhi Indian Institute of Foreign Trade |
| Other item identifier |
S89064 |
| Title |
Foreign Trade Review; 53(4) Nov 2018 |
| International Standard Serial Number |
0015-7325 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS |
|---|
| Uniform Resource Identifier |
http://192.168.6.75/libsuite/mm_files/Articles/AR16980.pdf |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Source of classification or shelving scheme |
Dewey Decimal Classification |
| Item type |
Articles |
