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Examining the decoupling hypothesis for India

Shruthi Jayaram, Ila Patnaik and Ajay Shah ()
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Shruthi Jayaram: National Institute of Public Finance and Policy
Ajay Shah: National Institute of Public Finance and Policy

Working Papers from National Institute of Public Finance and Policy

Abstract: This paper examines the decoupling hypothesis for India. We analyse business cycle synchronisation between India and a set of industrial economies, particularly the United States, over the period 1992 to 2008. The evidence suggests that the Indian business cycle exhibits increasing co-movement with business cycles in industrial economies over this period. Indian business cycle synchronisation is stronger with industrial countries as a whole as opposed to the co-movement found with the US.

Pages: 26
Date: 2009-06
New Economics Papers: this item is included in nep-cwa and nep-mac
Note: Working Paper 61, 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

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Working Paper: Examining the decoupling hypothesis for India (2009) Downloads
Working Paper: Examining the Decoupling Hypothesis for India (2009) Downloads
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