摘要：India adopted a liberal economic regime, particularly in the areas of trade, since 1991. This study seeks to evaluate the impact of liberalization on the country’s industrial growth by analyzing the 1970- 2010 data with the help of cointegration and error correction methods. The empirical results suggest that long-run industrial growth in India is largely explained by its major determinants of the real capital stock, the labour force, real exports, the tariff collection rate and the secondary school enrolment ratio.
