Tiwari, Aviral Kumar; Arouri, Mohamed; Teulon, Frédéric - In: Economics Bulletin 34 (2014) 2, pp. 663-680
This paper studies the lead–lag relationship between oil prices and trade balance for India by using monthly data covering the period from January 1980 to December 2011 and the post current account convertibility era (from August 1994 to December 2011). To analyse the issue, we adopt the...