Examining the decoupling hypothesis for India

Shruthi Jayaram, Ila Patnaik and Ajay Shah
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Shruthi Jayaram: NIPFP

Trade Working Papers from East Asian Bureau of Economic Research

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.

Keywords: Business cycles; synchronisation; decoupling; trade; dynamic correlation (search for similar items in EconPapers)
JEL-codes: E32 F15 F41 (search for similar items in EconPapers)
Date: 2009-01
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Citations: View citations in EconPapers (12)

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