Economics

Determinants of International Trade: Nepalese Perspectives

B. P. Aryal

This article by Bibhu Prasad Aryal delves into the economic factors that shape Nepal's international trade, revealing striking insights from regression analysis on imports and exports. Discover how GDP, remittances, and exchange rates interplay in this critical analysis for enhancing Nepal's trade dynamics and resilience.

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Playback language: English

Index

Abstract

This article analyzes economic determinants influencing Nepal's international trade. Using annual data (July 1975-July 2023), regression analysis on import and export models reveals that for imports, real GDP and India's CPI have significant positive effects, while remittances have a negative effect. For exports, India's CPI shows a significant negative effect, while the exchange rate and real GDP have positive effects. Policy recommendations are made based on these findings to enhance Nepal's trade dynamics and economic resilience.

Publisher

New Perspective: Journal of Business and Economics

Published On

Sep 10, 2024

Authors

Bibhu Prasad Aryal

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