Macroeconomic Policy Trade-offs: Fuel Price Dynamics and Industrial Production Growth in India
Shivam Agarwal & Rachna Mujoo · Asian Journal of Economics, Business and Accounting · 2025
This research investigates the complex interplay between fuel inflation, industrial production growth, and overall inflation in India, given the economy's high dependence on fuel imports. Using monthly time-series data from April 2012 to December 2023 for Crude Oil Price (COP) in...