This is my article published in the
'South Asia Economic Journal'. The abstract and link for this article include the following:
Abstract
This article investigates the role of the
final expenditure components in determining Nepal’s imports from India
using the
Autoregressive Distributed Lag approach based on
the annual data for the period 1975–2011. The results of bounds testing
procedure
show that there exists the cointegration between
Nepal’s imports from India and its determinants: personal consumption
expenditure,
government consumption expenditure, investment,
exports and relative prices. Among the expenditure components, personal
consumption
expenditure is a major determinant of import demand
from India, with its significant positive impact. The government
expenditure
is found to have no significant impact on Nepal’s
imports from India. Gross domestic investment and exports have negative
impact on Nepal’s import demand from India, whereas
the relative prices have positive impact, indicating lack of
substitutes
for Indian imports. Trade liberalization also has
positive impact on Nepal’s import from India.
or the link for this article is:
