Growth and volatility: A study of relationship with selected macroeconomic variables of India
By: Ghosh, Parimal and Adhikary, Maniklal
.
Material type: 
BookPublisher: Artha Vijanan Description: 63(4), Dec, 2021: p.398-413.Subject(s): GDP growth, Growth volatility, ARCH, GARCH, EGARCH mean models
In:
Artha VijananSummary: It is very important to understand the trade-off between growth and volatility of a particular economy as stabilisation policy is very much dependent on it. This paper attempts to examine the relationship between growth and volatility of GDP as well as of its components - consumption, investment, government expenditure and export. Second, we have examined the effect of GDP growth volatility on components of GDP. Using ARCH, GARCH, EGARCH mean models we have found that growth and volatility are negatively related for GDP and consumption while this relationship is positive for investment. Volatility of GDP growth rate negatively affects consumption.- Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
|
Indian Institute of Public Administration | 63(4), Dec, 2021: p.398-413 | Available | AR126637 |
It is very important to understand the trade-off between growth and volatility of a particular economy as stabilisation policy is very much dependent on it. This paper attempts to examine the relationship between growth and volatility of GDP as well as of its components - consumption, investment, government expenditure and export. Second, we have examined the effect of GDP growth volatility on components of GDP. Using ARCH, GARCH, EGARCH mean models we have found that growth and volatility are negatively related for GDP and consumption while this relationship is positive for investment. Volatility of GDP growth rate negatively affects consumption.- Reproduced
There are no comments for this item.