Asian Journal of Research in Social Sciences and Humanities
  • Year: 2013
  • Volume: 3
  • Issue: 4

Composition of exports of Indian foreign trade and its impact on economic growth

  • Author:
  • Rajni Pathania
  • Total Page Count: 12
  • Page Number: 193 to 204

Research Scholar, Faculty of Commerce, Department of Business Economics, The M.S. University of Baroda, Vadodara, Gujarat, India

Online published on 10 April, 2013.

Abstract

The present study is composed to investigate the relationship between export composition of foreign trade of India and its impact on economic growth. The data used in this study were collected from the period of 1996 to 2011. The two and multi-variable regression analysis technique is used to identify the significance of different sectors export. The model for the study was estimated using the ordinary least square (OLS) technique. Finding of research reveal that exports from different sectors has positive and statistically significant impact on the economic growth but exports of manufactured goods has very high, positive and significant impact on Economic growth in India during 1996–97 to 2011–12.

Keywords

Export Composition, Economic Growth, Multi-Variable Regression, Ordinary Least Square, Manufactured Goods