Impact of global growth fluctuations on India: an empirical study

Tiru Jayaraman (tkjayaraman@yahoo.com) and Chee-Keong Choong

MPRA Paper from University Library of Munich, Germany

Abstract: The article examines how growth fluctuations in major trading partner countries of the world have affected the Indian economy since its liberalization from the mid 1990s. This empirical study confirms that domestic output of India was strongly influenced by global shocks. The findings are not surprising as India’s trade and financial integration with the rest of the world has been on the rise.

Keywords: Economic integration; global shock; regional shock; India (search for similar items in EconPapers)
JEL-codes: F15 O24 (search for similar items in EconPapers)
Date: 2011
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