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The study investigated the trade performance of the leather industry in India and examined the relationship between trade performance and economic indicators. Using statistical methods such as Annual Growth Rate, Compound Growth Rate, Multiple Linear Regression, Descriptive Statistics, and the Augmented Dickey-Fuller Test, the analysis reveals that the export growth rate declined, while the import growth rate increased over the specified years. The trade balance showed an upward trend. The analysis confirms that net exports and trade openness are non-stationary at levels but become stationary at first differences. The results of the Multiple Linear Regression indicate a highly significant model fit. The study concludes that trade performance has shown a steady increase over the period and that net exports significantly influence the Net Domestic Product.
Keywords:
Leather Industry, Trade Performance, Export Growth ADF Multiple Linear Regression
Cite Article:
"A STUDY ON TRADE PERFORMANCE OF LEATHER INDUSTRY IN INDIA", International Journal of Science & Engineering Development Research (www.ijrti.org), ISSN:2455-2631, Vol.10, Issue 4, page no.b167-b173, April-2025, Available :http://www.ijrti.org/papers/IJRTI2504121.pdf
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ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator