Study reveals how exports and prices impact India's import demand
The article examines how different factors influence India's import demand from 1995 to 2017. They used linear and non-linear models to analyze the data. The linear model showed that capital formation, exports, and prices affect imports positively in both short and long terms. Consumption expenditure only affects imports in the long term. The non-linear model revealed that price changes can have both positive and negative effects on imports over time.