ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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India s Exports of Capital Goods-An Evaluation

This paper evaluates the recent performance of India's capital goods exports and finds that it is not impressive in comparative terms. The authors also analyse the determinants of capital goods exports using econometric techniques and develop an equilibrium model of simultaneous equations. Export demand is found to be inelastic, but supply is elastic with respect to prices. The econometric model is also used to assess the impact of recent government policies on capital goods exports.
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