International Reserves Accumulation and Economic Growth: Evidence from India
In: International Journal of Engineering and Management Research, Band 5, Heft 2
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In: International Journal of Engineering and Management Research, Band 5, Heft 2
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In: International Research Journal of Business and Management, Band VIII, Heft 6
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In: International Journal of Business Management & Social Sciences (IJBMSS), Forthcoming
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In: International Journal of Management Focus, Jan-March, 2014
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In: Revista de economia política: Brazilian journal of political economy, Band 37, Heft 3, S. 605-614
ISSN: 1809-4538
ABSTRACT This study investigated the impact of economic growth on Brazilian international reserves holdings in the context of Error Correction Mechanism using data over the 1980-2014 period. The results reveal that economic growth is highly significant. From the estimation of our model, we argue that economic growth and international reserves have positive long run relationship. Error correction estimates validated our model for error correction term is negative and statistically significant. Besides, our model suggested that economic growth has short run relationship too. The speed of adjustment is more than 40% which indicated that error correction term corrects previous year disequilibrium at the rate of 40.4%.
In: Brazilian journal of political economy: Revista de economia política, Band 37, Heft 3, S. 605-614
ISSN: 0101-3157
World Affairs Online
In: Environmental science and pollution research: ESPR, Band 26, Heft 26, S. 26939-26946
ISSN: 1614-7499