Analysis of Indias Current Account (1991-2013)
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The analysis focuses on India's Current Account from 1991 to 2013, highlighting its vulnerability to various economic shocks, including currency devaluation and global crises. It examines key components such as crude oil and gold imports, along with government policies and foreign direct investment. Utilizing correlation matrix analysis, econometric regression models, and Granger causality tests, the study aims to identify the most influential variables affecting the Current Account, shedding light on the factors contributing to the widening deficit.
