01
Original Article
Open Access
Behaviour of Investors in the Stock Market: Does Age Matter?
Karunanithy Banumathy, Ramachandran Azhagaiah
· pp. 7–16
DOI: 10.17010/aijer/2014/v3i4/55980
Most financial theories are based on the concept that individuals act rationally and consider all available information in the decision-making process. Behavioural finance is the study of the methodical errors made by market participants due to psychological biases. The primary …
Keywords:
Age Difference, Behavioural Finance, Investment Decision, Investors' Behaviour, Saving Objective
02
Original Article
Open Access
Foreign Direct Investment: Governance and Infrastructure - A Study Across Indian States
Pratibha Madan
· pp. 17–31
DOI: 10.17010/aijer/2014/v3i4/55984
This paper ascertained the pattern of FDI distribution across Indian states for the period from 1991-2013. FDI is unevenly distributed in India. The paper further located the factors that effect FDI inflows. An infrastructure and governance index was constructed, and …
Keywords:
FDI, Infrastructure, Governance, Macroeconomic Stability, Political Stability
03
Original Article
Open Access
Financial Sector Development and Economic Growth in an Open Economy Framework: India's Experience
Bishal Chettri, G. Raghavender Raju
· pp. 32–40
DOI: 10.17010/aijer/2014/v3i4/55985
The nexus between financial sector development and economic growth in India was examined using quarterly data for the period from 1996QI-2011Q4. Gross domestic product was used as an indicator of economic growth and financial sector development was measured using aggregate …
Keywords:
Financial Sector Development, Economic Growth, Econometric Modelling, Vector Auto Regression (VAR) Model
04
Original Article
Open Access
Trade Liberalization and its Impact on the Indian Textile Industry's Export Performance Vis-a-Vis other Competing Countries
Nisha Goel, Mukesh Goel
· pp. 41–46
DOI: 10.17010/aijer/2014/v3i4/55990
This paper outlines the effect of phasing out of quotas on textiles trade in 2005 on textile exports from India and its competing countries. Phasing out of quotas led to increased trade in textiles. The paper outlines the trends in …
Keywords:
Phasing Out of Quotas, Trends in Trade, Imports, Textile and Clothing