Record Details

Foreign Trade and Its Effects on Nepalese Economic Development

Journal of Nepalese Business Studies

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Field Value
 
Title Foreign Trade and Its Effects on Nepalese Economic Development
 
Creator Sharma, Om; Prithivi Narayan Campus
Bhand, Rajendra; Freelance Researcher
 
Subject Economics
 
Description Having with the objectives of understanding the effects of foreign trade on the economic development process of Nepal, this paper attempts to deal the role and the impact of export and import along with many other pertinent factors. The determining factors that have been considered along with export are capital stock, labor force, average propensity to save (APS), relative price index (RPI), ratio of government development expenditure to GDP. Moreover, GDP, PCI, and growth rate of GDP are the assumed development indices. These macro variables are introduced through the application of various econometric models. The empirical results have been estimated by applying annual data for the period of 1974/'75 to 2002/'03. The different models in linear and log-linear forms have justified that exports growth leads to economic growth. Therefore, the policy of adequate investment in export-oriented industries that embody a 'proper mix' of export promotion and import substitutions is suggested.

Journal of Nepalese Business Studies Vol.2(1) 2005 pp.13-32
 
Publisher Faculty of Management Prithivi Narayan Campus
 
Date 2006-09-13
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Format application/pdf
 
Identifier https://www.nepjol.info/index.php/JNBS/article/view/51
10.3126/jnbs.v2i1.51
 
Source Journal of Nepalese Business Studies; Vol 2, No 1 (2005); 13-32
2350-8795
 
Language eng
 
Relation https://www.nepjol.info/index.php/JNBS/article/view/51/481
 
Coverage Nepal