SOFTWARE SERVICES EXPORT AND ITS IMPLICATIONS ON ECONOMIC GROWTH IN INDIA: AN EMPIRICAL STUDY
The structural shift in India’s services export since 2003-04 may be attributed to rapid expansion in international trade and investment facilitated by an increased liberalization and the use of technology. The study aims to investigate the possible cointegration and the direction of causality betw...
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| Format: | Article |
| Language: | English |
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Faculty of Economics, University of Tuzla
2013-05-01
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| Series: | Economic Review |
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| Online Access: | https://www.er.ef.untz.ba/index.php/er/article/view/162 |
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| author | Mousumi Bhattacharya Sharad Nath Bhattacharya |
| author_facet | Mousumi Bhattacharya Sharad Nath Bhattacharya |
| author_sort | Mousumi Bhattacharya |
| collection | DOAJ |
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The structural shift in India’s services export since 2003-04 may be attributed to rapid expansion in international trade and investment facilitated by an increased liberalization and the use of technology. The study aims to investigate the possible cointegration and the direction of causality between software services export and nonsoftware miscellaneous services (business, financial, communication and other miscellaneous) export and economic growth during the period 2000-01:Q1-2008-09:Q4. Granger Causality Test conducted in a Vector Error Correction Model (VECM) framework revealed unidirectional causality from software services export to economic growth. To investigate the long and short run dynamics among the variables impulse response analysis is also done.
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| format | Article |
| id | doaj-art-97ec97b89bbd4d3998c2a8e883ff2ccc |
| institution | Kabale University |
| issn | 1512-8962 2303-680X |
| language | English |
| publishDate | 2013-05-01 |
| publisher | Faculty of Economics, University of Tuzla |
| record_format | Article |
| series | Economic Review |
| spelling | doaj-art-97ec97b89bbd4d3998c2a8e883ff2ccc2025-02-11T00:33:22ZengFaculty of Economics, University of TuzlaEconomic Review1512-89622303-680X2013-05-01111SOFTWARE SERVICES EXPORT AND ITS IMPLICATIONS ON ECONOMIC GROWTH IN INDIA: AN EMPIRICAL STUDYMousumi Bhattacharya0Sharad Nath Bhattacharya1 Army Institute of Management Army Institute of Management The structural shift in India’s services export since 2003-04 may be attributed to rapid expansion in international trade and investment facilitated by an increased liberalization and the use of technology. The study aims to investigate the possible cointegration and the direction of causality between software services export and nonsoftware miscellaneous services (business, financial, communication and other miscellaneous) export and economic growth during the period 2000-01:Q1-2008-09:Q4. Granger Causality Test conducted in a Vector Error Correction Model (VECM) framework revealed unidirectional causality from software services export to economic growth. To investigate the long and short run dynamics among the variables impulse response analysis is also done. https://www.er.ef.untz.ba/index.php/er/article/view/162VECMGranger causalitysoftware services exportcointegration |
| spellingShingle | Mousumi Bhattacharya Sharad Nath Bhattacharya SOFTWARE SERVICES EXPORT AND ITS IMPLICATIONS ON ECONOMIC GROWTH IN INDIA: AN EMPIRICAL STUDY Economic Review VECM Granger causality software services export cointegration |
| title | SOFTWARE SERVICES EXPORT AND ITS IMPLICATIONS ON ECONOMIC GROWTH IN INDIA: AN EMPIRICAL STUDY |
| title_full | SOFTWARE SERVICES EXPORT AND ITS IMPLICATIONS ON ECONOMIC GROWTH IN INDIA: AN EMPIRICAL STUDY |
| title_fullStr | SOFTWARE SERVICES EXPORT AND ITS IMPLICATIONS ON ECONOMIC GROWTH IN INDIA: AN EMPIRICAL STUDY |
| title_full_unstemmed | SOFTWARE SERVICES EXPORT AND ITS IMPLICATIONS ON ECONOMIC GROWTH IN INDIA: AN EMPIRICAL STUDY |
| title_short | SOFTWARE SERVICES EXPORT AND ITS IMPLICATIONS ON ECONOMIC GROWTH IN INDIA: AN EMPIRICAL STUDY |
| title_sort | software services export and its implications on economic growth in india an empirical study |
| topic | VECM Granger causality software services export cointegration |
| url | https://www.er.ef.untz.ba/index.php/er/article/view/162 |
| work_keys_str_mv | AT mousumibhattacharya softwareservicesexportanditsimplicationsoneconomicgrowthinindiaanempiricalstudy AT sharadnathbhattacharya softwareservicesexportanditsimplicationsoneconomicgrowthinindiaanempiricalstudy |