Dynamic Connectedness of Indian Business Cycle with G-7 Economies

Zeeshan Nezami Ansari () and Rajendra Narayan Paramanik ()
Additional contact information
Zeeshan Nezami Ansari: GITAM (Deemed to be) University Bengaluru, Department of Economics
Rajendra Narayan Paramanik: IIT Patna

A chapter in Analytical Issues in Growth & Structural Change, Macroeconomy, Security, and Sustainability of India's Economic Development, 2026, pp 119-131 from Springer

Abstract: Abstract This study aims at exploring the business cycle connectedness among G7 countries and India using monthly industrial production data from April 1994 to December 2018. The variance decompostion method of generalized VAR model has been employed to estimate volatility spillover among all countries. Empirical findings suggest that US is net transmitter of volatility whereas Germany is the main recepient of spillover shocks. India is found to be weakly synchronized with G7 natios as far as industrial output based business cycle is concerned.

Keywords: International business cycle; Dynamic volatility connectedness; VAR model (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-981-95-5242-9_7

Ordering information: This item can be ordered from
http://www.springer.com/9789819552429

DOI: 10.1007/978-981-95-5242-9_7

Access Statistics for this chapter

More chapters in India Studies in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().