International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Since Year 2012 | Open Access | Double Blind Reviewed

ISSN: 2319-7064




Downloads: 143

Research Paper | Economics | India | Volume 3 Issue 10, October 2014


Macro-Economic Determinants of Balance of Payment in India

Dr. Anupreet Kaur Mavi | Dr. Nishi Sharma


Abstract: This study investigates the impact of balance of payment on certain macro-economic variables like GDP, inflation, net exports, exchange rate etc in India between 1981 and 2013, using correlation and regression. It was found that all the variables except balance of payment, exhibited non-stationary. The results also indicate that balance of payment fluctuations in India could be caused by the balance of trade, exchange rate movement, inflation, industrial production and Gross Domestic Product (GDP). We concluded that balance of payment is significantly affected by all the above mentioned parameters but for exchange rate for which the impact turned out to be statistically insignificant


Keywords: Macro Economic Determinants, Balance Of Payment, India, Gdp, Exchange Rate


Edition: Volume 3 Issue 10, October 2014,


Pages: 1703 - 1708


How to Cite this Article?

Dr. Anupreet Kaur Mavi, Dr. Nishi Sharma, "Macro-Economic Determinants of Balance of Payment in India", International Journal of Science and Research (IJSR), Volume 3 Issue 10, October 2014, pp. 1703-1708, https://www.ijsr.net/get_abstract.php?paper_id=OCT14629

How to Share this Article?






Similar Articles with Keyword 'Balance Of Payment'

Downloads: 128

Research Paper, Economics, Bangladesh, Volume 2 Issue 1, January 2013

Pages: 31 - 35

Export Policy of the Government of Bangladesh: An Impact and Evaluation on Economy

Alak Kumar Saha [2]

Share this Article

Downloads: 139

Research Paper, Economics, Iraq, Volume 6 Issue 8, August 2017

Pages: 527 - 534

Analysis of the Relationship between the Energy Achieved for Iraqi Ports and Economic Factors Affecting them 1998?2012 (Ports of Umm Qasr and Khor Al-Zubair Case Study)

Dr. Sawsan Ali Mahmood | Dr. Manahel Mustafa

Share this Article


Top