SOUTH ASIAN JOURNAL OF MARKETING & MANAGEMENT RESEARCH
  • Year: 2021
  • Volume: 11
  • Issue: 6

Analysing the impact of economic regulations and trade barriers on India's economic well-being

1Student, Institute- St. Xavier's College, Mumbai, MaharashtraIndia, Email id: shivamraperia@gmail.com

Online published on 22 July, 2021.

Abstract

Economic Regulations and Trade Barriers are integral ideas to the discourse of policy frameworks in various countries. The paper's objective is to discern how economic regulations affect the overall well-being of the Indian economy. The Multiple Linear Regression technique has been used for the purpose of analysis, and the time period taken into consideration is from 1995 to 2019. The study explores and collates current research to draw conclusions that help understand the impact of economic regulations on India's economic well-being. Through this analysis, it can be deduced that the easing of trade barriers and economic regulations positively impacts the GDP per capita.

Keywords

Economic Regulations, Trade Barriers, Economic Freedom, Trade Agreements