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Modelling India's External Sector: Review and Some Empirics

机译:模拟印度的外部部门:回顾和一些经验

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摘要

In the aftermath of the global food and fuel price spikes, and the recent global financial crisis, understanding of external sector behaviour has become crucial. The transmission mechanism of external sector shocks to domestic macroeconomic variables is essential for undertaking relevant policies to mitigate the adverse impact of such shocks. Here an attempt has been made to review the theoretical and empirical issues relating to India's external sector behaviour and to present a suitable analytical framework for macro modelling.
机译:在全球食品和燃料价格飙升以及最近的全球金融危机之后,对外部部门行为的了解变得至关重要。外部部门冲击对国内宏观经济变量的传导机制对于采取相关政策减轻此类冲击的不利影响至关重要。在这里,我们试图回顾与印度的外部部门行为有关的理论和经验问题,并提出合适的宏观模型分析框架。

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