English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

This study analyzes the observed behavior of growth cycles and the dynamics of economic fluctuations in terms of entrepreneurial impulse with Indian macroeconomic time series data for more than 60 years. The fluctuations of investment are explained in terms of persistence, volatility, and comovements of the cyclical components. The study observes that the growth cycles of private investment were much more volatile than the growth cycles of public investment and gross domestic product. Investments in India were procyclical, but their growth cycles became acyclical. This study observes that the fluctuations of growth cycle frequencies of private investment appeared even when there were no shocks to gross domestic product. Such investment behavior may be because of the self-fulfilling beliefs of investors. Private investment in India has not been badly affected by the severe balance of payments crises. Rather, a cyclical downturn was seen as an opportunity to invest by the large business houses.

Entrepreneurial Impulse, Investment Behavior, and Economic Fluctuations—A VAR Analysis with Indian Data