Effect of Economic Indicators on Export Performance of India: Pre and post Liberalisation period
Abstract
The paper examines the export growth affected by various economic indicators (GDP, IMPORTS, PERCAPITA NET NATIONAL INCOME, BALANCE OF PAYMENT, EXCHANGE RATE & INDUSTRIAL PRODUCTION), using data from 1986 to 2011. The paper studies the relationship between exports and indicators by using Karl Pearson’s coefficient of correlation and multiple correlation. t – Test helps to study the significance of relation. Diversification of India’s exports is depicted through the export import ratio. The paper concludes that the exports are mainly affected by three indicators (GDP, IMPORTS & PCCNI), and the change in policies should be made in accordance with them.
Key Words: Export, GDP, Import, Pre and Post Liberalization Period.
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ISSN (Paper)2222-1905 ISSN (Online)2222-2839
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