 Has South Asia Benefited from the Growth of Asian Emerging Economies?Rashmi Banga () Global Journal of Emerging Market Economies, 2014, vol. 6, issue 3, 205-232 Abstract: India and China are two Asian emerging economies with the unprecedented growth. In the context of slowdown in North since 2008, many have argued that the emerging economies can be drivers of growth of South. However, not much empirical evidence is available to support this argument. This article estimates the growth linkages between the South Asia and its economies, and the two Asian emerging economies in terms of cointegration and causation in their growth rates. Both short-term and long-term relationships are tested for the period 1970–2009. The tests for structural breaks are also undertaken. The results show that there is a long-term relationship as well as short-term relationship between China’s growth and growth South Asia (excluding India). In the post-structural break period, that is, post-1985, the relationship is found to be two way, with China also benefitting from growth of South Asia. India, on the other hand, seems to have limited integration with the region. The only relationship that is found between India’s growth and that of other countries’ growth in the region is with Bangladesh and Bhutan. Keywords: South Asia; emerging economies; economic growth (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:sae:emeeco:v:6:y:2014:i:3:p:205-232 Access Statistics for this article More articles in Global Journal of Emerging Market Economies from Emerging Markets Forum |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.