An Econometric Modeling for India’s Imports and exports during 1971-2013

Abstract

The objective of the paper is to examine the relationship between India’s imports and exports during the reference period 1971-2013 by employing the advanced econometric tools. The findings show that long run relationship between imports and exports in India. Moreover it suggests that short run fluctuations in between the variables are not sustainable during the long run. This recommends that India’s foreign trade policies have been effective in equalizing the both during the long period.