Is India's current account deficit problem truly global?
DESHPANDE, ATUL R
Is India's current account deficit problem truly global? - 2013 - 3-19
This research paper examines India's current account deficit problem in the context of domestic macro imbalances and the exogenous global dynamics. At the outset, the paper reviews historically various theoretical modles explaining multifarious economic determinants of current account deficits. To be more specific in the Indian context, this problem is dealt with by running simple regressions explaining the correlation and possible causality between the current account deficit on the onehand and growth rate, real effective exchange rates, exports and imports, gold imports, export and import elasticities, import intensities and net foreign assets on the other.
BANKING
332.1
Is India's current account deficit problem truly global? - 2013 - 3-19
This research paper examines India's current account deficit problem in the context of domestic macro imbalances and the exogenous global dynamics. At the outset, the paper reviews historically various theoretical modles explaining multifarious economic determinants of current account deficits. To be more specific in the Indian context, this problem is dealt with by running simple regressions explaining the correlation and possible causality between the current account deficit on the onehand and growth rate, real effective exchange rates, exports and imports, gold imports, export and import elasticities, import intensities and net foreign assets on the other.
BANKING
332.1