CINXE.COM
(PDF) Are exports and imports of India’s trading partners cointegrated? Evidence from Fourier bootstrap ARDL procedure | Prof. Nand Kumar - Academia.edu
<!DOCTYPE html> <html > <head> <meta charset="utf-8"> <meta rel="search" type="application/opensearchdescription+xml" href="/open_search.xml" title="Academia.edu"> <meta content="width=device-width, initial-scale=1" name="viewport"> <meta name="google-site-verification" content="bKJMBZA7E43xhDOopFZkssMMkBRjvYERV-NaN4R6mrs"> <meta name="csrf-param" content="authenticity_token" /> <meta name="csrf-token" content="OqDX2qTV+dljUo5Ew0Vn093137xgyUT8/w+Xiy2RaSzs/tDcwyLVwaGZwvck2wSrPblGhuaa5kQWyP75oP9tpA==" /> <meta name="citation_title" content="Are exports and imports of India’s trading partners cointegrated? Evidence from Fourier bootstrap ARDL procedure" /> <meta name="citation_publication_date" content="2021/01/01" /> <meta name="citation_journal_title" content="Empirical Economics" /> <meta name="citation_author" content="Prof. Nand Kumar" /> <meta name="twitter:card" content="summary" /> <meta name="twitter:url" content="https://www.academia.edu/68927905/Are_exports_and_imports_of_India_s_trading_partners_cointegrated_Evidence_from_Fourier_bootstrap_ARDL_procedure" /> <meta name="twitter:title" content="Are exports and imports of India’s trading partners cointegrated? Evidence from Fourier bootstrap ARDL procedure" /> <meta name="twitter:description" content="The paper assesses the long-run relationship between India’s exports and imports with its 21 major trading partners using bootstrap autoregressive distributed lag bounds test procedure with a Fourier function. The study uses monthly data for the" /> <meta name="twitter:image" content="https://0.academia-photos.com/28322663/7999657/8960344/s200_nand.kumar.jpg" /> <meta property="fb:app_id" content="2369844204" /> <meta property="og:type" content="article" /> <meta property="og:url" content="https://www.academia.edu/68927905/Are_exports_and_imports_of_India_s_trading_partners_cointegrated_Evidence_from_Fourier_bootstrap_ARDL_procedure" /> <meta property="og:title" content="Are exports and imports of India’s trading partners cointegrated? Evidence from Fourier bootstrap ARDL procedure" /> <meta property="og:image" content="http://a.academia-assets.com/images/open-graph-icons/fb-paper.gif" /> <meta property="og:description" content="The paper assesses the long-run relationship between India’s exports and imports with its 21 major trading partners using bootstrap autoregressive distributed lag bounds test procedure with a Fourier function. The study uses monthly data for the" /> <meta property="article:author" content="https://singh.academia.edu/ProfNandKumar" /> <meta name="description" content="The paper assesses the long-run relationship between India’s exports and imports with its 21 major trading partners using bootstrap autoregressive distributed lag bounds test procedure with a Fourier function. The study uses monthly data for the" /> <title>(PDF) Are exports and imports of India’s trading partners cointegrated? Evidence from Fourier bootstrap ARDL procedure | Prof. Nand Kumar - Academia.edu</title> <link rel="canonical" href="https://www.academia.edu/68927905/Are_exports_and_imports_of_India_s_trading_partners_cointegrated_Evidence_from_Fourier_bootstrap_ARDL_procedure" /> <script async src="https://www.googletagmanager.com/gtag/js?id=G-5VKX33P2DS"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-5VKX33P2DS', { cookie_domain: 'academia.edu', send_page_view: false, }); gtag('event', 'page_view', { 'controller': "single_work", 'action': "show", 'controller_action': 'single_work#show', 'logged_in': 'false', 'edge': 'unknown', // Send nil if there is no A/B test bucket, in case some records get logged // with missing data - that way we can distinguish between the two cases. // ab_test_bucket should be of the form <ab_test_name>:<bucket> 'ab_test_bucket': null, }) </script> <script> var $controller_name = 'single_work'; var $action_name = "show"; var $rails_env = 'production'; var $app_rev = '92477ec68c09d28ae4730a4143c926f074776319'; var $domain = 'academia.edu'; var $app_host = "academia.edu"; var $asset_host = "academia-assets.com"; var $start_time = new Date().getTime(); var $recaptcha_key = "6LdxlRMTAAAAADnu_zyLhLg0YF9uACwz78shpjJB"; var $recaptcha_invisible_key = "6Lf3KHUUAAAAACggoMpmGJdQDtiyrjVlvGJ6BbAj"; var $disableClientRecordHit = false; </script> <script> window.require = { config: function() { return function() {} } } </script> <script> window.Aedu = window.Aedu || {}; window.Aedu.hit_data = null; window.Aedu.serverRenderTime = new Date(1732776686000); window.Aedu.timeDifference = new Date().getTime() - 1732776686000; </script> <script type="application/ld+json">{"@context":"https://schema.org","@type":"ScholarlyArticle","abstract":"The paper assesses the long-run relationship between India’s exports and imports with its 21 major trading partners using bootstrap autoregressive distributed lag bounds test procedure with a Fourier function. The study uses monthly data for the period 2014 (Month 01) to 2020 (Month 02). The empirical results show cointegration for 6 countries if imports are used as the dependent variable but not when exports are used as a dependent variable. However, for the remaining countries, no cointegration between exports and imports was found. This indicates that India’s efforts to reduce its bilateral imbalances through trade policies with these countries may not be appropriately targeted. Having established a long-run relationship, the study estimates a disaggregated bilateral import demand function by employing a linear and nonlinear autoregressive distributed lag model to investigate the asymmetric impact of the relative price changes on the import demand of India with her trading partne...","author":[{"@context":"https://schema.org","@type":"Person","name":"Prof. Nand Kumar"}],"contributor":[],"dateCreated":"2022-01-20","dateModified":"2022-01-20","datePublished":"2021-01-01","headline":"Are exports and imports of India’s trading partners cointegrated? Evidence from Fourier bootstrap ARDL procedure","inLanguage":"en","keywords":["Economics","Empirical Economics"],"locationCreated":null,"publication":"Empirical Economics","publisher":{"@context":"https://schema.org","@type":"Organization","name":null},"image":null,"thumbnailUrl":null,"url":"https://www.academia.edu/68927905/Are_exports_and_imports_of_India_s_trading_partners_cointegrated_Evidence_from_Fourier_bootstrap_ARDL_procedure","sourceOrganization":[{"@context":"https://schema.org","@type":"EducationalOrganization","name":"singh"}]}</script><link rel="stylesheet" media="all" href="//a.academia-assets.com/assets/single_work_page/loswp-102fa537001ba4d8dcd921ad9bd56c474abc201906ea4843e7e7efe9dfbf561d.css" /><link rel="stylesheet" media="all" href="//a.academia-assets.com/assets/design_system/body-8d679e925718b5e8e4b18e9a4fab37f7eaa99e43386459376559080ac8f2856a.css" /><link rel="stylesheet" media="all" href="//a.academia-assets.com/assets/design_system/button-3cea6e0ad4715ed965c49bfb15dedfc632787b32ff6d8c3a474182b231146ab7.css" /><link rel="stylesheet" media="all" href="//a.academia-assets.com/assets/design_system/text_button-73590134e40cdb49f9abdc8e796cc00dc362693f3f0f6137d6cf9bb78c318ce7.css" /><link crossorigin="" href="https://fonts.gstatic.com/" rel="preconnect" /><link href="https://fonts.googleapis.com/css2?family=DM+Sans:ital,opsz,wght@0,9..40,100..1000;1,9..40,100..1000&family=Gupter:wght@400;500;700&family=IBM+Plex+Mono:wght@300;400&family=Material+Symbols+Outlined:opsz,wght,FILL,GRAD@20,400,0,0&display=swap" rel="stylesheet" /><link rel="stylesheet" media="all" href="//a.academia-assets.com/assets/design_system/common-10fa40af19d25203774df2d4a03b9b5771b45109c2304968038e88a81d1215c5.css" /> </head> <body> <div id='react-modal'></div> <div class="js-upgrade-ie-banner" style="display: none; text-align: center; padding: 8px 0; background-color: #ebe480;"><p style="color: #000; font-size: 12px; margin: 0 0 4px;">Academia.edu no longer supports Internet Explorer.</p><p style="color: #000; font-size: 12px; margin: 0;">To browse Academia.edu and the wider internet faster and more securely, please take a few seconds to <a href="https://www.academia.edu/upgrade-browser">upgrade your browser</a>.</p></div><script>// Show this banner for all versions of IE if (!!window.MSInputMethodContext || /(MSIE)/.test(navigator.userAgent)) { document.querySelector('.js-upgrade-ie-banner').style.display = 'block'; }</script> <div class="bootstrap login"><div class="modal fade login-modal" id="login-modal"><div class="login-modal-dialog modal-dialog"><div class="modal-content"><div class="modal-header"><button class="close close" data-dismiss="modal" type="button"><span aria-hidden="true">×</span><span class="sr-only">Close</span></button><h4 class="modal-title text-center"><strong>Log In</strong></h4></div><div class="modal-body"><div class="row"><div class="col-xs-10 col-xs-offset-1"><button class="btn btn-fb btn-lg btn-block btn-v-center-content" id="login-facebook-oauth-button"><svg style="float: left; width: 19px; line-height: 1em; margin-right: .3em;" aria-hidden="true" focusable="false" data-prefix="fab" data-icon="facebook-square" class="svg-inline--fa fa-facebook-square fa-w-14" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 448 512"><path fill="currentColor" d="M400 32H48A48 48 0 0 0 0 80v352a48 48 0 0 0 48 48h137.25V327.69h-63V256h63v-54.64c0-62.15 37-96.48 93.67-96.48 27.14 0 55.52 4.84 55.52 4.84v61h-31.27c-30.81 0-40.42 19.12-40.42 38.73V256h68.78l-11 71.69h-57.78V480H400a48 48 0 0 0 48-48V80a48 48 0 0 0-48-48z"></path></svg><small><strong>Log in</strong> with <strong>Facebook</strong></small></button><br /><button class="btn btn-google btn-lg btn-block btn-v-center-content" id="login-google-oauth-button"><svg style="float: left; width: 22px; line-height: 1em; margin-right: .3em;" aria-hidden="true" focusable="false" data-prefix="fab" data-icon="google-plus" class="svg-inline--fa fa-google-plus fa-w-16" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512"><path fill="currentColor" d="M256,8C119.1,8,8,119.1,8,256S119.1,504,256,504,504,392.9,504,256,392.9,8,256,8ZM185.3,380a124,124,0,0,1,0-248c31.3,0,60.1,11,83,32.3l-33.6,32.6c-13.2-12.9-31.3-19.1-49.4-19.1-42.9,0-77.2,35.5-77.2,78.1S142.3,334,185.3,334c32.6,0,64.9-19.1,70.1-53.3H185.3V238.1H302.2a109.2,109.2,0,0,1,1.9,20.7c0,70.8-47.5,121.2-118.8,121.2ZM415.5,273.8v35.5H380V273.8H344.5V238.3H380V202.8h35.5v35.5h35.2v35.5Z"></path></svg><small><strong>Log in</strong> with <strong>Google</strong></small></button><br /><style type="text/css">.sign-in-with-apple-button { width: 100%; height: 52px; border-radius: 3px; border: 1px solid black; cursor: pointer; }</style><script src="https://appleid.cdn-apple.com/appleauth/static/jsapi/appleid/1/en_US/appleid.auth.js" type="text/javascript"></script><div class="sign-in-with-apple-button" data-border="false" data-color="white" id="appleid-signin"><span ="Sign Up with Apple" class="u-fs11"></span></div><script>AppleID.auth.init({ clientId: 'edu.academia.applesignon', scope: 'name email', redirectURI: 'https://www.academia.edu/sessions', state: "4ae058d33555b91244af821e5989257d3376a2dbdba6a2ff59924fe697d6f167", });</script><script>// Hacky way of checking if on fast loswp if (window.loswp == null) { (function() { const Google = window?.Aedu?.Auth?.OauthButton?.Login?.Google; const Facebook = window?.Aedu?.Auth?.OauthButton?.Login?.Facebook; if (Google) { new Google({ el: '#login-google-oauth-button', rememberMeCheckboxId: 'remember_me', track: null }); } if (Facebook) { new Facebook({ el: '#login-facebook-oauth-button', rememberMeCheckboxId: 'remember_me', track: null }); } })(); }</script></div></div></div><div class="modal-body"><div class="row"><div class="col-xs-10 col-xs-offset-1"><div class="hr-heading login-hr-heading"><span class="hr-heading-text">or</span></div></div></div></div><div class="modal-body"><div class="row"><div class="col-xs-10 col-xs-offset-1"><form class="js-login-form" action="https://www.academia.edu/sessions" accept-charset="UTF-8" method="post"><input name="utf8" type="hidden" value="✓" autocomplete="off" /><input type="hidden" name="authenticity_token" value="iHV6NVvEtX801SkSWhIfqdjsVQTc2DXfkGWXqZpGuLReK30zPDOZZ/YeZaG9jHzROKDMPlqLl2d5ov7bFyi8PA==" autocomplete="off" /><div class="form-group"><label class="control-label" for="login-modal-email-input" style="font-size: 14px;">Email</label><input class="form-control" id="login-modal-email-input" name="login" type="email" /></div><div class="form-group"><label class="control-label" for="login-modal-password-input" style="font-size: 14px;">Password</label><input class="form-control" id="login-modal-password-input" name="password" type="password" /></div><input type="hidden" name="post_login_redirect_url" id="post_login_redirect_url" value="https://www.academia.edu/68927905/Are_exports_and_imports_of_India_s_trading_partners_cointegrated_Evidence_from_Fourier_bootstrap_ARDL_procedure" autocomplete="off" /><div class="checkbox"><label><input type="checkbox" name="remember_me" id="remember_me" value="1" checked="checked" /><small style="font-size: 12px; margin-top: 2px; display: inline-block;">Remember me on this computer</small></label></div><br><input type="submit" name="commit" value="Log In" class="btn btn-primary btn-block btn-lg js-login-submit" data-disable-with="Log In" /></br></form><script>typeof window?.Aedu?.recaptchaManagedForm === 'function' && window.Aedu.recaptchaManagedForm( document.querySelector('.js-login-form'), document.querySelector('.js-login-submit') );</script><small style="font-size: 12px;"><br />or <a data-target="#login-modal-reset-password-container" data-toggle="collapse" href="javascript:void(0)">reset password</a></small><div class="collapse" id="login-modal-reset-password-container"><br /><div class="well margin-0x"><form class="js-password-reset-form" action="https://www.academia.edu/reset_password" accept-charset="UTF-8" method="post"><input name="utf8" type="hidden" value="✓" autocomplete="off" /><input type="hidden" name="authenticity_token" value="l2hNo8PmFbAGIunYJ+BYJJR76r2QTo3JX6F42GU2hTNBNkqlpBE5qMTppWvAfjtcdDdzhxYdL3G2ZhGq6FiBuw==" autocomplete="off" /><p>Enter the email address you signed up with and we'll email you a reset link.</p><div class="form-group"><input class="form-control" name="email" type="email" /></div><input class="btn btn-primary btn-block g-recaptcha js-password-reset-submit" data-sitekey="6Lf3KHUUAAAAACggoMpmGJdQDtiyrjVlvGJ6BbAj" type="submit" value="Email me a link" /></form></div></div><script> require.config({ waitSeconds: 90 })(["https://a.academia-assets.com/assets/collapse-45805421cf446ca5adf7aaa1935b08a3a8d1d9a6cc5d91a62a2a3a00b20b3e6a.js"], function() { // from javascript_helper.rb $("#login-modal-reset-password-container").on("shown.bs.collapse", function() { $(this).find("input[type=email]").focus(); }); }); </script> </div></div></div><div class="modal-footer"><div class="text-center"><small style="font-size: 12px;">Need an account? <a rel="nofollow" href="https://www.academia.edu/signup">Click here to sign up</a></small></div></div></div></div></div></div><script>// If we are on subdomain or non-bootstrapped page, redirect to login page instead of showing modal (function(){ if (typeof $ === 'undefined') return; var host = window.location.hostname; if ((host === $domain || host === "www."+$domain) && (typeof $().modal === 'function')) { $("#nav_log_in").click(function(e) { // Don't follow the link and open the modal e.preventDefault(); $("#login-modal").on('shown.bs.modal', function() { $(this).find("#login-modal-email-input").focus() }).modal('show'); }); } })()</script> <div id="fb-root"></div><script>window.fbAsyncInit = function() { FB.init({ appId: "2369844204", version: "v8.0", status: true, cookie: true, xfbml: true }); // Additional initialization code. if (window.InitFacebook) { // facebook.ts already loaded, set it up. window.InitFacebook(); } else { // Set a flag for facebook.ts to find when it loads. window.academiaAuthReadyFacebook = true; } };</script> <div id="google-root"></div><script>window.loadGoogle = function() { if (window.InitGoogle) { // google.ts already loaded, set it up. window.InitGoogle("331998490334-rsn3chp12mbkiqhl6e7lu2q0mlbu0f1b"); } else { // Set a flag for google.ts to use when it loads. window.GoogleClientID = "331998490334-rsn3chp12mbkiqhl6e7lu2q0mlbu0f1b"; } };</script> <div class="header--container" id="main-header-container"><div class="header--inner-container header--inner-container-ds2"><div class="header-ds2--left-wrapper"><div class="header-ds2--left-wrapper-inner"><a data-main-header-link-target="logo_home" href="https://www.academia.edu/"><img class="hide-on-desktop-redesign" style="height: 24px; width: 24px;" alt="Academia.edu" src="//a.academia-assets.com/images/academia-logo-redesign-2015-A.svg" width="24" height="24" /><img width="145.2" height="18" class="hide-on-mobile-redesign" style="height: 24px;" alt="Academia.edu" src="//a.academia-assets.com/images/academia-logo-redesign-2015.svg" /></a><div class="header--search-container header--search-container-ds2"><form class="js-SiteSearch-form select2-no-default-pills" action="https://www.academia.edu/search" accept-charset="UTF-8" method="get"><input name="utf8" type="hidden" value="✓" autocomplete="off" /><svg style="width: 14px; height: 14px;" aria-hidden="true" focusable="false" data-prefix="fas" data-icon="search" class="header--search-icon svg-inline--fa fa-search fa-w-16" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512"><path fill="currentColor" d="M505 442.7L405.3 343c-4.5-4.5-10.6-7-17-7H372c27.6-35.3 44-79.7 44-128C416 93.1 322.9 0 208 0S0 93.1 0 208s93.1 208 208 208c48.3 0 92.7-16.4 128-44v16.3c0 6.4 2.5 12.5 7 17l99.7 99.7c9.4 9.4 24.6 9.4 33.9 0l28.3-28.3c9.4-9.4 9.4-24.6.1-34zM208 336c-70.7 0-128-57.2-128-128 0-70.7 57.2-128 128-128 70.7 0 128 57.2 128 128 0 70.7-57.2 128-128 128z"></path></svg><input class="header--search-input header--search-input-ds2 js-SiteSearch-form-input" data-main-header-click-target="search_input" name="q" placeholder="Search" type="text" /></form></div></div></div><nav class="header--nav-buttons header--nav-buttons-ds2 js-main-nav"><a class="ds2-5-button ds2-5-button--secondary js-header-login-url header-button-ds2 header-login-ds2 hide-on-mobile-redesign" href="https://www.academia.edu/login" rel="nofollow">Log In</a><a class="ds2-5-button ds2-5-button--secondary header-button-ds2 hide-on-mobile-redesign" href="https://www.academia.edu/signup" rel="nofollow">Sign Up</a><button class="header--hamburger-button header--hamburger-button-ds2 hide-on-desktop-redesign js-header-hamburger-button"><div class="icon-bar"></div><div class="icon-bar" style="margin-top: 4px;"></div><div class="icon-bar" style="margin-top: 4px;"></div></button></nav></div><ul class="header--dropdown-container js-header-dropdown"><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://www.academia.edu/login" rel="nofollow">Log In</a></li><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://www.academia.edu/signup" rel="nofollow">Sign Up</a></li><li class="header--dropdown-row js-header-dropdown-expand-button"><button class="header--dropdown-button">more<svg aria-hidden="true" focusable="false" data-prefix="fas" data-icon="caret-down" class="header--dropdown-button-icon svg-inline--fa fa-caret-down fa-w-10" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512"><path fill="currentColor" d="M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z"></path></svg></button></li><li><ul class="header--expanded-dropdown-container"><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://www.academia.edu/about">About</a></li><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://www.academia.edu/press">Press</a></li><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://medium.com/@academia">Blog</a></li><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://www.academia.edu/documents">Papers</a></li><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://www.academia.edu/terms">Terms</a></li><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://www.academia.edu/privacy">Privacy</a></li><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://www.academia.edu/copyright">Copyright</a></li><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://www.academia.edu/hiring"><svg aria-hidden="true" focusable="false" data-prefix="fas" data-icon="briefcase" class="header--dropdown-row-icon svg-inline--fa fa-briefcase fa-w-16" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512"><path fill="currentColor" d="M320 336c0 8.84-7.16 16-16 16h-96c-8.84 0-16-7.16-16-16v-48H0v144c0 25.6 22.4 48 48 48h416c25.6 0 48-22.4 48-48V288H320v48zm144-208h-80V80c0-25.6-22.4-48-48-48H176c-25.6 0-48 22.4-48 48v48H48c-25.6 0-48 22.4-48 48v80h512v-80c0-25.6-22.4-48-48-48zm-144 0H192V96h128v32z"></path></svg>We're Hiring!</a></li><li class="header--dropdown-row"><a class="header--dropdown-link" href="https://support.academia.edu/"><svg aria-hidden="true" focusable="false" data-prefix="fas" data-icon="question-circle" class="header--dropdown-row-icon svg-inline--fa fa-question-circle fa-w-16" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512"><path fill="currentColor" d="M504 256c0 136.997-111.043 248-248 248S8 392.997 8 256C8 119.083 119.043 8 256 8s248 111.083 248 248zM262.655 90c-54.497 0-89.255 22.957-116.549 63.758-3.536 5.286-2.353 12.415 2.715 16.258l34.699 26.31c5.205 3.947 12.621 3.008 16.665-2.122 17.864-22.658 30.113-35.797 57.303-35.797 20.429 0 45.698 13.148 45.698 32.958 0 14.976-12.363 22.667-32.534 33.976C247.128 238.528 216 254.941 216 296v4c0 6.627 5.373 12 12 12h56c6.627 0 12-5.373 12-12v-1.333c0-28.462 83.186-29.647 83.186-106.667 0-58.002-60.165-102-116.531-102zM256 338c-25.365 0-46 20.635-46 46 0 25.364 20.635 46 46 46s46-20.636 46-46c0-25.365-20.635-46-46-46z"></path></svg>Help Center</a></li><li class="header--dropdown-row js-header-dropdown-collapse-button"><button class="header--dropdown-button">less<svg aria-hidden="true" focusable="false" data-prefix="fas" data-icon="caret-up" class="header--dropdown-button-icon svg-inline--fa fa-caret-up fa-w-10" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 320 512"><path fill="currentColor" d="M288.662 352H31.338c-17.818 0-26.741-21.543-14.142-34.142l128.662-128.662c7.81-7.81 20.474-7.81 28.284 0l128.662 128.662c12.6 12.599 3.676 34.142-14.142 34.142z"></path></svg></button></li></ul></li></ul></div> <script src="//a.academia-assets.com/assets/webpack_bundles/fast_loswp-bundle-5a6217ebba1e3e193cb1032ca4e3bea5eb426dd3928dd536d7bf14b642b1cd3a.js" defer="defer"></script><script>window.loswp = {}; window.loswp.author = 28322663; window.loswp.bulkDownloadFilterCounts = {}; window.loswp.hasDownloadableAttachment = true; window.loswp.hasViewableAttachments = true; // TODO: just use routes for this window.loswp.loginUrl = "https://www.academia.edu/login?post_login_redirect_url=https%3A%2F%2Fwww.academia.edu%2F68927905%2FAre_exports_and_imports_of_India_s_trading_partners_cointegrated_Evidence_from_Fourier_bootstrap_ARDL_procedure%3Fauto%3Ddownload"; window.loswp.translateUrl = "https://www.academia.edu/login?post_login_redirect_url=https%3A%2F%2Fwww.academia.edu%2F68927905%2FAre_exports_and_imports_of_India_s_trading_partners_cointegrated_Evidence_from_Fourier_bootstrap_ARDL_procedure%3Fshow_translation%3Dtrue"; window.loswp.previewableAttachments = [{"id":79225388,"identifier":"Attachment_79225388","shouldShowBulkDownload":false}]; window.loswp.shouldDetectTimezone = true; window.loswp.shouldShowBulkDownload = true; window.loswp.showSignupCaptcha = false window.loswp.willEdgeCache = false; window.loswp.work = {"work":{"id":68927905,"created_at":"2022-01-20T22:37:25.600-08:00","from_world_paper_id":192740240,"updated_at":"2022-06-17T22:07:14.673-07:00","_data":{"abstract":"The paper assesses the long-run relationship between India’s exports and imports with its 21 major trading partners using bootstrap autoregressive distributed lag bounds test procedure with a Fourier function. The study uses monthly data for the period 2014 (Month 01) to 2020 (Month 02). The empirical results show cointegration for 6 countries if imports are used as the dependent variable but not when exports are used as a dependent variable. However, for the remaining countries, no cointegration between exports and imports was found. This indicates that India’s efforts to reduce its bilateral imbalances through trade policies with these countries may not be appropriately targeted. Having established a long-run relationship, the study estimates a disaggregated bilateral import demand function by employing a linear and nonlinear autoregressive distributed lag model to investigate the asymmetric impact of the relative price changes on the import demand of India with her trading partne...","publication_date":"2021,,","publication_name":"Empirical Economics"},"document_type":"paper","pre_hit_view_count_baseline":null,"quality":"high","language":"en","title":"Are exports and imports of India’s trading partners cointegrated? Evidence from Fourier bootstrap ARDL procedure","broadcastable":true,"draft":null,"has_indexable_attachment":true,"indexable":true}}["work"]; window.loswp.workCoauthors = [28322663]; window.loswp.locale = "en"; window.loswp.countryCode = "SG"; window.loswp.cwvAbTestBucket = ""; window.loswp.designVariant = "ds_vanilla"; window.loswp.fullPageMobileSutdModalVariant = "control"; window.loswp.useOptimizedScribd4genScript = false; window.loswp.appleClientId = 'edu.academia.applesignon';</script><script defer="" src="https://accounts.google.com/gsi/client"></script><div class="ds-loswp-container"><div class="ds-work-card--grid-container"><div class="ds-work-card--container js-loswp-work-card"><div class="ds-work-card--cover"><div class="ds-work-cover--wrapper"><div class="ds-work-cover--container"><button class="ds-work-cover--clickable js-swp-download-button" data-signup-modal="{"location":"swp-splash-paper-cover","attachmentId":79225388,"attachmentType":"pdf"}"><img alt="First page of “Are exports and imports of India’s trading partners cointegrated? Evidence from Fourier bootstrap ARDL procedure”" class="ds-work-cover--cover-thumbnail" src="https://0.academia-photos.com/attachment_thumbnails/79225388/mini_magick20220120-5931-1bhbyeh.png?1642747215" /><img alt="PDF Icon" class="ds-work-cover--file-icon" src="//a.academia-assets.com/assets/single_work_splash/adobe.icon-574afd46eb6b03a77a153a647fb47e30546f9215c0ee6a25df597a779717f9ef.svg" /><div class="ds-work-cover--hover-container"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span><p>Download Free PDF</p></div><div class="ds-work-cover--ribbon-container">Download Free PDF</div><div class="ds-work-cover--ribbon-triangle"></div></button></div></div></div><div class="ds-work-card--work-information"><h1 class="ds-work-card--work-title">Are exports and imports of India’s trading partners cointegrated? Evidence from Fourier bootstrap ARDL procedure</h1><div class="ds-work-card--work-authors ds-work-card--detail"><a class="ds-work-card--author js-wsj-grid-card-author ds2-5-body-md ds2-5-body-link" data-author-id="28322663" href="https://singh.academia.edu/ProfNandKumar"><img alt="Profile image of Prof. Nand Kumar" class="ds-work-card--author-avatar" src="https://0.academia-photos.com/28322663/7999657/8960344/s65_nand.kumar.jpg" />Prof. Nand Kumar</a></div><div class="ds-work-card--detail"><p class="ds-work-card--detail ds2-5-body-sm">2021, Empirical Economics</p></div><p class="ds-work-card--work-abstract ds-work-card--detail ds2-5-body-md">The paper assesses the long-run relationship between India’s exports and imports with its 21 major trading partners using bootstrap autoregressive distributed lag bounds test procedure with a Fourier function. The study uses monthly data for the period 2014 (Month 01) to 2020 (Month 02). The empirical results show cointegration for 6 countries if imports are used as the dependent variable but not when exports are used as a dependent variable. However, for the remaining countries, no cointegration between exports and imports was found. This indicates that India’s efforts to reduce its bilateral imbalances through trade policies with these countries may not be appropriately targeted. Having established a long-run relationship, the study estimates a disaggregated bilateral import demand function by employing a linear and nonlinear autoregressive distributed lag model to investigate the asymmetric impact of the relative price changes on the import demand of India with her trading partne...</p><div class="ds-work-card--button-container"><button class="ds2-5-button js-swp-download-button" data-signup-modal="{"location":"continue-reading-button--work-card","attachmentId":79225388,"attachmentType":"pdf","workUrl":"https://www.academia.edu/68927905/Are_exports_and_imports_of_India_s_trading_partners_cointegrated_Evidence_from_Fourier_bootstrap_ARDL_procedure"}">See full PDF</button><button class="ds2-5-button ds2-5-button--secondary js-swp-download-button" data-signup-modal="{"location":"download-pdf-button--work-card","attachmentId":79225388,"attachmentType":"pdf","workUrl":"https://www.academia.edu/68927905/Are_exports_and_imports_of_India_s_trading_partners_cointegrated_Evidence_from_Fourier_bootstrap_ARDL_procedure"}"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span>Download PDF</button></div></div></div></div><div data-auto_select="false" data-client_id="331998490334-rsn3chp12mbkiqhl6e7lu2q0mlbu0f1b" data-doc_id="79225388" data-landing_url="https://www.academia.edu/68927905/Are_exports_and_imports_of_India_s_trading_partners_cointegrated_Evidence_from_Fourier_bootstrap_ARDL_procedure" data-login_uri="https://www.academia.edu/registrations/google_one_tap" data-moment_callback="onGoogleOneTapEvent" id="g_id_onload"></div><div class="ds-top-related-works--grid-container"><div class="ds-related-content--container ds-top-related-works--container"><h2 class="ds-related-content--heading">Related papers</h2><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="0" data-entity-id="67453231" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/67453231/Exports_Dynamics_of_India_A_Cointegration_Analysis">Exports Dynamics of India: A Cointegration Analysis</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="9313822" href="https://independent.academia.edu/JagadishPrasadSahu">Jagadish Prasad Sahu</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2019</p><p class="ds-related-work--abstract ds2-5-body-sm">We examine the dynamics of Indian exports for the period 1980–2015 using the autoregressive distributed lag (ARDL) approach to cointegration. Specifically, we estimate an export demand function to determine the long-run price and income elasticity of Indian exports. Our results reveal that there is a long-run relationship between exports volume, export price and world GDP (a proxy for trade partner’s income). We find that Indian exports are highly sensitive to its price and income of the trade partners in the long-run. However, the income elasticity is found to be much larger than the price elasticity. To be precise, we find that the long-run price elasticity is -2.17 and the income elasticity is 7.17, and both are statistically significant at 1% level. Our findings suggest that Indian exports are more responsive to its trade partner’s income, which explains the slow growth in Indian exports in the recent years owing to the slowdown in world economic activity.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Exports Dynamics of India: A Cointegration Analysis","attachmentId":78264612,"attachmentType":"pdf","work_url":"https://www.academia.edu/67453231/Exports_Dynamics_of_India_A_Cointegration_Analysis","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/67453231/Exports_Dynamics_of_India_A_Cointegration_Analysis"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="1" data-entity-id="1381058" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/1381058/Are_exports_and_imports_cointegrated_in_India_and_China_An_empirical_analysis">Are exports and imports cointegrated in India and China? An empirical analysis</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="543894" href="https://icfaitripura.academia.edu/AviralTiwari">Aviral Tiwari</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Economics Bulletin, 2011</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Are exports and imports cointegrated in India and China? An empirical analysis","attachmentId":8651986,"attachmentType":"pdf","work_url":"https://www.academia.edu/1381058/Are_exports_and_imports_cointegrated_in_India_and_China_An_empirical_analysis","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/1381058/Are_exports_and_imports_cointegrated_in_India_and_China_An_empirical_analysis"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="2" data-entity-id="82266317" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/82266317/Cointegration_and_Causality_Between_Indias_Exports_and_GDP_A_Sample_Period_Robust_Testing_Framework">Cointegration and Causality Between India's Exports and GDP: A Sample Period-Robust Testing Framework</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="12026112" href="https://independent.academia.edu/BesmaHkiriMechergui">Besma Hkiri Mechergui</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2014</p><p class="ds-related-work--abstract ds2-5-body-sm">The long-run impact of export growth on the growth of the entire economy is a key issue for policymakers in emerging countries. There is a vast body of empirical research with respect to this issue, especially addressing the case of India, in which cointegration techniques as well as long-run Granger causality analysis are applied to exports and GDP series. However, results are inconclusive which can be attributed to differences in the choice of econometric approaches, the considered sample period and omitted variable biases. To address these issues, we apply both linear as well as non-parametric cointegration techniques for non-linear functional forms, we apply an innovative bootstrapping procedure to examine the robustness of results with respect to the selection of sample periods, and we include imports as third variable as imports may be the relevant variable with a causal link towards GDP instead of exports. We show that there is linear cointegration between exports and GDP whi...</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Cointegration and Causality Between India's Exports and GDP: A Sample Period-Robust Testing Framework","attachmentId":88029760,"attachmentType":"pdf","work_url":"https://www.academia.edu/82266317/Cointegration_and_Causality_Between_Indias_Exports_and_GDP_A_Sample_Period_Robust_Testing_Framework","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/82266317/Cointegration_and_Causality_Between_Indias_Exports_and_GDP_A_Sample_Period_Robust_Testing_Framework"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="3" data-entity-id="59344903" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/59344903/An_aggregate_import_demand_function_for_India_a_cointegration_analysis">An aggregate import demand function for India: a cointegration analysis</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="66814354" href="https://independent.academia.edu/NasiruddinAhmed4">Nasiruddin Ahmed</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Applied Economics Letters, 2004</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"An aggregate import demand function for India: a cointegration analysis","attachmentId":73316056,"attachmentType":"pdf","work_url":"https://www.academia.edu/59344903/An_aggregate_import_demand_function_for_India_a_cointegration_analysis","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/59344903/An_aggregate_import_demand_function_for_India_a_cointegration_analysis"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="4" data-entity-id="1381066" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/1381066/Indias_trade_with_USA_and_her_trade_balance_An_empirical_analysis">India's trade with USA and her trade balance: An empirical analysis</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="543894" href="https://icfaitripura.academia.edu/AviralTiwari">Aviral Tiwari</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2011</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"India's trade with USA and her trade balance: An empirical analysis","attachmentId":8651993,"attachmentType":"pdf","work_url":"https://www.academia.edu/1381066/Indias_trade_with_USA_and_her_trade_balance_An_empirical_analysis","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/1381066/Indias_trade_with_USA_and_her_trade_balance_An_empirical_analysis"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="5" data-entity-id="46999409" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/46999409/Bilateral_Export_Demand_Function_of_India_An_Empirical_Analysis">Bilateral Export Demand Function of India: An Empirical Analysis</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="30088244" href="https://ibshyderabad.academia.edu/ArunaDash">Aruna Dash</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Theoretical Economics Letters</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Bilateral Export Demand Function of India: An Empirical Analysis","attachmentId":66328836,"attachmentType":"pdf","work_url":"https://www.academia.edu/46999409/Bilateral_Export_Demand_Function_of_India_An_Empirical_Analysis","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/46999409/Bilateral_Export_Demand_Function_of_India_An_Empirical_Analysis"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="6" data-entity-id="90414127" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/90414127/Is_Indias_Trade_Balance_Sensitive_to_Real_Exchange_Rates_A_Bilateral_Trade_Data_Analysis">Is India's Trade Balance Sensitive to Real Exchange Rates? A Bilateral Trade Data Analysis</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="216428169" href="https://independent.academia.edu/VishalMaurya77">Vishal Maurya</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2012</p><p class="ds-related-work--abstract ds2-5-body-sm">India’s considerable current account is characterised by large merchandise trade defi cit even though invisibles account has been in surplus. In this context, this study analysed the effect of real exchange rate on India’s bilateral trade balance with her trading partner countries. This is the fi rst attempt to examine the long-run effects of bilateral real exchange rate on bilateral trade balance of India with her 89 trading partner countries. The study uses Fully Modifi ed Ordinary Least Square (FMOLS) method, a non-parametric heterogeneous panel cointegration technique, for removing the endogeneity problem among regressors. The result shows an existence of a long-run relationship between India’s trade balance and real exchange rate. India’s trade balance would improve with the real depreciation of exchange rate in the long run but deteriorate with the rise of India’s real income. JEL Classifi cation : F31, F41, C33</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Is India's Trade Balance Sensitive to Real Exchange Rates? A Bilateral Trade Data Analysis","attachmentId":93984100,"attachmentType":"pdf","work_url":"https://www.academia.edu/90414127/Is_Indias_Trade_Balance_Sensitive_to_Real_Exchange_Rates_A_Bilateral_Trade_Data_Analysis","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/90414127/Is_Indias_Trade_Balance_Sensitive_to_Real_Exchange_Rates_A_Bilateral_Trade_Data_Analysis"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="7" data-entity-id="66123037" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/66123037/Empirical_Analysis_of_India_s_Foreign_Trade_and_Economic_Growth">Empirical Analysis of India’s Foreign Trade and Economic Growth</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="37762060" href="https://independent.academia.edu/khujansingh">khujan singh</a></div><p class="ds-related-work--metadata ds2-5-body-xs">International Journal of Research -GRANTHAALAYAH</p><p class="ds-related-work--abstract ds2-5-body-sm">The present study is an attempt to examine long run relationship among India’s GDP, Exports and Imports for which yearly time series data from 1995 to 2018 has been collected. Data for India’s GDP has been collected from RBI website and India’s export and import data has been collected form Ministry of Commerce and Industry website. The Augmented Dickey-Fuller unit root test for stationarity found that studied variables become stationary at first order of difference. While, Johnson cointegration test revealed long run cointegration between India’s GDP, exports and imports. The results of VECM Granger causality test exhibited bi-directional relationship between India’s GDP and India’s exports, whereas uni-directional relation has been found between India’s GDP and India’s imports. These results have significant implication for India’s export import policy and to achieve a target of $5 trillion economy till 2024-2025.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Empirical Analysis of India’s Foreign Trade and Economic Growth","attachmentId":77439084,"attachmentType":"pdf","work_url":"https://www.academia.edu/66123037/Empirical_Analysis_of_India_s_Foreign_Trade_and_Economic_Growth","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/66123037/Empirical_Analysis_of_India_s_Foreign_Trade_and_Economic_Growth"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="8" data-entity-id="71489008" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/71489008/Testing_Long_Run_Relationship_between_Exports_and_Imports_Evidence_from_Pakistan">Testing Long Run Relationship between Exports and Imports: Evidence from Pakistan</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="17298640" href="https://independent.academia.edu/MukhtarT">Tahir Mukhtar</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2010</p><p class="ds-related-work--abstract ds2-5-body-sm">Exports and imports together play an integral role in determining the trade balance of a country. In this respect the dynamics of relationship between these variables hold significant importance and attract the researchers for testing the nature of relationship between exports and imports. This study empirically examines the long run relationship between exports and imports for Pakistan using quarterly data for the period 1972-2006. The econometric framework used for analysis is the Johansen Maximum Likelihood cointegration technique, which tests both the existence and the number of cointegration vectors. Results show that there is a long run relationship between exports and imports and the country is not in violation of its international budget constraint. Furthermore, for testing the stability of long run equilibrium relationship and direction of causality, vector error correction model (VECM) technique has been applied. The findings confirm the stability of the long run equilibri...</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Testing Long Run Relationship between Exports and Imports: Evidence from Pakistan","attachmentId":80809399,"attachmentType":"pdf","work_url":"https://www.academia.edu/71489008/Testing_Long_Run_Relationship_between_Exports_and_Imports_Evidence_from_Pakistan","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/71489008/Testing_Long_Run_Relationship_between_Exports_and_Imports_Evidence_from_Pakistan"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="9" data-entity-id="12065279" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/12065279/An_Econometric_Estimation_of_the_Aggregate_Import_Demand_Function_for_India">An Econometric Estimation of the Aggregate Import Demand Function for India</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="30088244" href="https://ibshyderabad.academia.edu/ArunaDash">Aruna Dash</a></div><p class="ds-related-work--abstract ds2-5-body-sm">This study investigates the behavior of the aggregate import demand function for India using the yearly time-series data and by applying the Johansen Juselius multivariate cointegration technique during 1975-2003 up to which the latest data is available. In our empirical analysis of the aggregate import demand function for India, cointegration and error correction techniques have been used. Using macroeconomic variables such as gross domestic product, unit value of import prices, prices of domestically produced goods and foreign exchange reserves, the empirical evidence suggests that there exists a cointegrating relationship among these variables. Our econometric estimates of the aggregate import demand function for India suggest that import demand is dominated by GDP, when compared to the unit value of import price, and foreign exchange reserves.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"An Econometric Estimation of the Aggregate Import Demand Function for India","attachmentId":37389636,"attachmentType":"pdf","work_url":"https://www.academia.edu/12065279/An_Econometric_Estimation_of_the_Aggregate_Import_Demand_Function_for_India","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/12065279/An_Econometric_Estimation_of_the_Aggregate_Import_Demand_Function_for_India"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div></div></div><div class="ds-sticky-ctas--wrapper js-loswp-sticky-ctas hidden"><div class="ds-sticky-ctas--grid-container"><div class="ds-sticky-ctas--container"><button class="ds2-5-button js-swp-download-button" data-signup-modal="{"location":"continue-reading-button--sticky-ctas","attachmentId":79225388,"attachmentType":"pdf","workUrl":null}">See full PDF</button><button class="ds2-5-button ds2-5-button--secondary js-swp-download-button" data-signup-modal="{"location":"download-pdf-button--sticky-ctas","attachmentId":79225388,"attachmentType":"pdf","workUrl":null}"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span>Download PDF</button></div></div></div><div class="ds-below-fold--grid-container"><div class="ds-work--container js-loswp-embedded-document"><div class="attachment_preview" data-attachment="Attachment_79225388" style="display: none"><div class="js-scribd-document-container"><div class="scribd--document-loading js-scribd-document-loader" style="display: block;"><img alt="Loading..." src="//a.academia-assets.com/images/loaders/paper-load.gif" /><p>Loading Preview</p></div></div><div style="text-align: center;"><div class="scribd--no-preview-alert js-preview-unavailable"><p>Sorry, preview is currently unavailable. You can download the paper by clicking the button above.</p></div></div></div></div><div class="ds-sidebar--container js-work-sidebar"><div class="ds-related-content--container"><h2 class="ds-related-content--heading">Related papers</h2><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="0" data-entity-id="4318627" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/4318627/Cointegration_Analysis_of_Exports_and_Imports_The_Case_of_Pakistan_Economy">Cointegration Analysis of Exports and Imports: The Case of Pakistan Economy</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="2391027" href="https://nuaa.academia.edu/SharafatAli">Sharafat Ali</a></div><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Cointegration Analysis of Exports and Imports: The Case of Pakistan Economy","attachmentId":31773941,"attachmentType":"pdf","work_url":"https://www.academia.edu/4318627/Cointegration_Analysis_of_Exports_and_Imports_The_Case_of_Pakistan_Economy","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/4318627/Cointegration_Analysis_of_Exports_and_Imports_The_Case_of_Pakistan_Economy"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="1" data-entity-id="123047320" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/123047320/The_Synergy_among_Exports_Foreign_Direct_Investment_and_Economic_Growth_in_India_Auto_Regressive_Distributed_Lag_Bounds_Testing_Approach">The Synergy among Exports, Foreign Direct Investment and Economic Growth in India: Auto Regressive Distributed Lag Bounds Testing Approach</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="515710" href="https://sohar.academia.edu/VibhaBhandari">Vibha Bhandari</a></div><p class="ds-related-work--metadata ds2-5-body-xs">The Review of Contemporary Scientific and Academic Studies, 2024</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"The Synergy among Exports, Foreign Direct Investment and Economic Growth in India: Auto Regressive Distributed Lag Bounds Testing Approach","attachmentId":117574738,"attachmentType":"pdf","work_url":"https://www.academia.edu/123047320/The_Synergy_among_Exports_Foreign_Direct_Investment_and_Economic_Growth_in_India_Auto_Regressive_Distributed_Lag_Bounds_Testing_Approach","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/123047320/The_Synergy_among_Exports_Foreign_Direct_Investment_and_Economic_Growth_in_India_Auto_Regressive_Distributed_Lag_Bounds_Testing_Approach"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="2" data-entity-id="56960403" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/56960403/Exchange_rate_nonlinearities_in_India_s_exports_to_the_USA">Exchange rate nonlinearities in India’s exports to the USA</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="17470621" href="https://independent.academia.edu/ShekhawatA">Abhishek Shekhawat</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Studies in Economics and Finance</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Exchange rate nonlinearities in India’s exports to the USA","attachmentId":72091236,"attachmentType":"pdf","work_url":"https://www.academia.edu/56960403/Exchange_rate_nonlinearities_in_India_s_exports_to_the_USA","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/56960403/Exchange_rate_nonlinearities_in_India_s_exports_to_the_USA"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="3" data-entity-id="100867010" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/100867010/Asymmetric_response_of_the_US_India_trade_balance_to_exchange_rate_changes_Evidence_from_68_industries">Asymmetric response of the US-India trade balance to exchange rate changes: Evidence from 68 industries</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="267431438" href="https://independent.academia.edu/SujataSaha11">Sujata Saha</a></div><p class="ds-related-work--metadata ds2-5-body-xs">The World Economy, 2017</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Asymmetric response of the US-India trade balance to exchange rate changes: Evidence from 68 industries","attachmentId":101566828,"attachmentType":"pdf","work_url":"https://www.academia.edu/100867010/Asymmetric_response_of_the_US_India_trade_balance_to_exchange_rate_changes_Evidence_from_68_industries","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/100867010/Asymmetric_response_of_the_US_India_trade_balance_to_exchange_rate_changes_Evidence_from_68_industries"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="4" data-entity-id="71830210" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/71830210/Cointegration_test_of_a_long_run_relation_between_the_trade_balance_and_the_terms_of_trade_in_sixteen_countries">Cointegration test of a long-run relation between the trade balance and the terms of trade in sixteen countries</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="63740189" href="https://independent.academia.edu/AugustineArize">Augustine Arize</a></div><p class="ds-related-work--metadata ds2-5-body-xs">The North American Journal of Economics and Finance, 1996</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Cointegration test of a long-run relation between the trade balance and the terms of trade in sixteen countries","attachmentId":81017092,"attachmentType":"pdf","work_url":"https://www.academia.edu/71830210/Cointegration_test_of_a_long_run_relation_between_the_trade_balance_and_the_terms_of_trade_in_sixteen_countries","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/71830210/Cointegration_test_of_a_long_run_relation_between_the_trade_balance_and_the_terms_of_trade_in_sixteen_countries"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="5" data-entity-id="1544916" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/1544916/11_An_Analysis_of_Determinants_of_Balance_of_Trade_in_India">11.An Analysis of Determinants of Balance of Trade in India</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="1020414" href="https://independent.academia.edu/AlexanderDecker">Alexander Decker</a></div><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"11.An Analysis of Determinants of Balance of Trade in India","attachmentId":13095061,"attachmentType":"pdf","work_url":"https://www.academia.edu/1544916/11_An_Analysis_of_Determinants_of_Balance_of_Trade_in_India","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/1544916/11_An_Analysis_of_Determinants_of_Balance_of_Trade_in_India"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="6" data-entity-id="12635348" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/12635348/Exchange_Rate_Relationship_of_India_With_Its_Major_Trading_Partners_A_Joint_Testing_approach">Exchange Rate Relationship of India With Its Major Trading Partners: A Joint Testing approach</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="31605390" href="https://researchrevolution.academia.edu/DrManminderSinghSaluja">Dr. Manminder Singh Saluja</a></div><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Exchange Rate Relationship of India With Its Major Trading Partners: A Joint Testing approach","attachmentId":37754350,"attachmentType":"pdf","work_url":"https://www.academia.edu/12635348/Exchange_Rate_Relationship_of_India_With_Its_Major_Trading_Partners_A_Joint_Testing_approach","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/12635348/Exchange_Rate_Relationship_of_India_With_Its_Major_Trading_Partners_A_Joint_Testing_approach"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="7" data-entity-id="27496657" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/27496657/Exports_and_Imports_Cointegration_Further_Evidence_from_the_ECOWAS">Exports and Imports Cointegration: Further Evidence from the ECOWAS</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="24867722" href="https://independent.academia.edu/SolaOni1">Oluwasola Oni</a><span>, </span><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="13009293" href="https://calebuni.academia.edu/olumuyiwaolamade">Olumuyiwa O Olamade</a></div><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Exports and Imports Cointegration: Further Evidence from the ECOWAS","attachmentId":47753388,"attachmentType":"pdf","work_url":"https://www.academia.edu/27496657/Exports_and_Imports_Cointegration_Further_Evidence_from_the_ECOWAS","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/27496657/Exports_and_Imports_Cointegration_Further_Evidence_from_the_ECOWAS"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="8" data-entity-id="90338218" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/90338218/Determinants_of_the_Trade_Balance_in_India_Evidence_from_a_Post_Liberalisation_Period">Determinants of the Trade Balance in India. Evidence from a Post-Liberalisation Period</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="104306281" href="https://independent.academia.edu/WaseemParray">Waseem Parray</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Studia Universitatis „Vasile Goldis” Arad – Economics Series</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Determinants of the Trade Balance in India. Evidence from a Post-Liberalisation Period","attachmentId":93928737,"attachmentType":"pdf","work_url":"https://www.academia.edu/90338218/Determinants_of_the_Trade_Balance_in_India_Evidence_from_a_Post_Liberalisation_Period","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/90338218/Determinants_of_the_Trade_Balance_in_India_Evidence_from_a_Post_Liberalisation_Period"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-related-work-sidebar-card" data-collection-position="9" data-entity-id="71830232" data-sort-order="default"><a class="ds-related-work--title js-related-work-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/71830232/Imports_and_exports_in_50_countries">Imports and exports in 50 countries</a><div class="ds-related-work--metadata"><a class="js-related-work-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="63740189" href="https://independent.academia.edu/AugustineArize">Augustine Arize</a></div><p class="ds-related-work--metadata ds2-5-body-xs">International Review of Economics & Finance, 2002</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{"location":"wsj-grid-card-download-pdf-modal","work_title":"Imports and exports in 50 countries","attachmentId":81017098,"attachmentType":"pdf","work_url":"https://www.academia.edu/71830232/Imports_and_exports_in_50_countries","alternativeTracking":true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-related-work-grid-card-view-pdf" href="https://www.academia.edu/71830232/Imports_and_exports_in_50_countries"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div></div><div class="ds-related-content--container"><h2 class="ds-related-content--heading">Related topics</h2><div class="ds-research-interests--pills-container"><a class="js-related-research-interest ds-research-interests--pill" data-entity-id="724" href="https://www.academia.edu/Documents/in/Economics">Economics</a><a class="js-related-research-interest ds-research-interests--pill" data-entity-id="14425" href="https://www.academia.edu/Documents/in/Empirical_Economics">Empirical Economics</a></div></div></div></div></div><div class="footer--content"><ul class="footer--main-links hide-on-mobile"><li><a href="https://www.academia.edu/about">About</a></li><li><a href="https://www.academia.edu/press">Press</a></li><li><a rel="nofollow" href="https://medium.com/academia">Blog</a></li><li><a href="https://www.academia.edu/documents">Papers</a></li><li><a href="https://www.academia.edu/topics">Topics</a></li><li><a href="https://www.academia.edu/hiring"><svg style="width: 13px; height: 13px; position: relative; bottom: -1px;" aria-hidden="true" focusable="false" data-prefix="fas" data-icon="briefcase" class="svg-inline--fa fa-briefcase fa-w-16" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512"><path fill="currentColor" d="M320 336c0 8.84-7.16 16-16 16h-96c-8.84 0-16-7.16-16-16v-48H0v144c0 25.6 22.4 48 48 48h416c25.6 0 48-22.4 48-48V288H320v48zm144-208h-80V80c0-25.6-22.4-48-48-48H176c-25.6 0-48 22.4-48 48v48H48c-25.6 0-48 22.4-48 48v80h512v-80c0-25.6-22.4-48-48-48zm-144 0H192V96h128v32z"></path></svg> <strong>We're Hiring!</strong></a></li><li><a href="https://support.academia.edu/"><svg style="width: 12px; height: 12px; position: relative; bottom: -1px;" aria-hidden="true" focusable="false" data-prefix="fas" data-icon="question-circle" class="svg-inline--fa fa-question-circle fa-w-16" role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 512 512"><path fill="currentColor" d="M504 256c0 136.997-111.043 248-248 248S8 392.997 8 256C8 119.083 119.043 8 256 8s248 111.083 248 248zM262.655 90c-54.497 0-89.255 22.957-116.549 63.758-3.536 5.286-2.353 12.415 2.715 16.258l34.699 26.31c5.205 3.947 12.621 3.008 16.665-2.122 17.864-22.658 30.113-35.797 57.303-35.797 20.429 0 45.698 13.148 45.698 32.958 0 14.976-12.363 22.667-32.534 33.976C247.128 238.528 216 254.941 216 296v4c0 6.627 5.373 12 12 12h56c6.627 0 12-5.373 12-12v-1.333c0-28.462 83.186-29.647 83.186-106.667 0-58.002-60.165-102-116.531-102zM256 338c-25.365 0-46 20.635-46 46 0 25.364 20.635 46 46 46s46-20.636 46-46c0-25.365-20.635-46-46-46z"></path></svg> <strong>Help Center</strong></a></li></ul><ul class="footer--research-interests"><li>Find new research papers in:</li><li><a href="https://www.academia.edu/Documents/in/Physics">Physics</a></li><li><a href="https://www.academia.edu/Documents/in/Chemistry">Chemistry</a></li><li><a href="https://www.academia.edu/Documents/in/Biology">Biology</a></li><li><a href="https://www.academia.edu/Documents/in/Health_Sciences">Health Sciences</a></li><li><a href="https://www.academia.edu/Documents/in/Ecology">Ecology</a></li><li><a href="https://www.academia.edu/Documents/in/Earth_Sciences">Earth Sciences</a></li><li><a href="https://www.academia.edu/Documents/in/Cognitive_Science">Cognitive Science</a></li><li><a href="https://www.academia.edu/Documents/in/Mathematics">Mathematics</a></li><li><a href="https://www.academia.edu/Documents/in/Computer_Science">Computer Science</a></li></ul><ul class="footer--legal-links hide-on-mobile"><li><a href="https://www.academia.edu/terms">Terms</a></li><li><a href="https://www.academia.edu/privacy">Privacy</a></li><li><a href="https://www.academia.edu/copyright">Copyright</a></li><li>Academia ©2024</li></ul></div> </body> </html>