Dynamics Between Sustainable Economic Development and Macro-Economic Variables: Indian Evidence

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Regression analysis reveals declining GDP trends in India with links to other macro-economic variables.

Economic growth (GDP) is forecasted to decline, indicating a worrying trend for India's economy.
Key findings include long-run equilibrium relationships among GDP, GCI, GCNI, and others over a 22-year period.
Utilizing multiple regression analysis, the study explores connections between macro-economic variables and sustainability trends in India during 2001-2022. The implications suggest that diminishing economic growth could negatively impact the performance of associated macro-economic indicators.

Subrata Roy (2024) studied this question.

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