Growth, Imports and Inequality: Explaining the persistently high trade deficit in India*

Dec 31st 2015, Zico Dasgupta and Subhanil Chowdhury
This paper provides an explanation of the asymmetric relationship between the GDP growth rate and the trade deficit and looks at the mechanism through which the trade deficit in India has increased.

This article was originally published in the Economic & Political Weekly, Vol. L No. 48, November 28, 2015.

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