TIE AMONG DOMESTIC INVESTMENT, EXPORTS AND ECONOMIC GROWTH: EMPIRICAL ANALYSIS FROM INDIA
The contribution of this paper is investigating the relationship between domestic investment, exports and economic growth in India. To attempt this purpose annual data was collected for the period 1960 – 2017 and was tested by using cointegration analysis and vector error correction model. Empirical analyses show that there is no relationship between exports domestic investment and economic in the long run. However, only exports cause economic growth in the short run. These results provide on evidence that domestic investment and exports are not seen as source of economic growth in India during this considerable period and bear a lot of issues and inappropriate economic strategy.