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Abstract
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Article Information:
Capital Formation and Inflation on Economic Growth in India: A Causality Analysis
V. Srinivasakumar, R. Renganathan and C. Vijayabanu
Corresponding Author: V. Srinivasakumar
Submitted: December 26, 2014
Accepted: February 5, 2015
Published: April 25, 2015 |
Abstract:
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Capital Formation is a prerequisite for economic growth of a country. This study aims at studying the relationship of Capital formation, Inflation (WPI) on economic development in India. The data for analysis on the above variables have been extracted for a period from 1950-51 to 2011-12 from the RBI data warehouse were analyzed using Unit Root, Co integration and Causality tests.
Key words: Capital formation, causality test, cointegration test, Gross Domestic Product (GDP) unit root test, Inflation (WPI), ,
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Abstract
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Cite this Reference:
V. Srinivasakumar, R. Renganathan and C. Vijayabanu, . Capital Formation and Inflation on Economic Growth in India: A Causality Analysis. Research Journal of Applied Sciences, Engineering and Technology, (12): 1148-1152.
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ISSN (Online): 2040-7467
ISSN (Print): 2040-7459 |
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