Abstract

http://ssrn.com/abstract=1881523
 


 



Global Financial and Economic Crisis: Implications for Trade and Industrial Restructuring in South Asia


Prabir De


Research and Information System for Developing Countries (RIS)

Chiranjib Neogi


Indian Statistical Institute, New Delhi - Economic Research Unit

July 8, 2011

ADBI Working Paper No. 294

Abstract:     
This study investigates the impact of global crisis shocks on India's trade and industry. The authors use panel data modeling and vector autoregression techniques to understand the dynamic effects of global crisis shocks on Indian industry and trade. Changes in trade composition are positively associated with changes in manufacturing composition in India, controlling for other variables. However, there is no strong indication that Indian industry has been severely harmed by the fall in demand in crisis-affected advanced economies such as the United States, the European Union, and Japan, holding other things constant.

Number of Pages in PDF File: 78

Keywords: India Trade Industry, Indian Industry, India Manufacturing Sector, India External Trade, Global Economic Crisis

JEL Classification: F02, F13, F17, F42, F47, L6, L7

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Date posted: July 14, 2011  

Suggested Citation

De, Prabir and Neogi, Chiranjib, Global Financial and Economic Crisis: Implications for Trade and Industrial Restructuring in South Asia (July 8, 2011). ADBI Working Paper No. 294. Available at SSRN: http://ssrn.com/abstract=1881523 or http://dx.doi.org/10.2139/ssrn.1881523

Contact Information

Prabir De (Contact Author)
Research and Information System for Developing Countries (RIS) ( email )
India Habitat Centre, Zone 4B, 4th floor
Lodhi Road
New Delhi, Delhi 110003
India
+91-11-24682177 (Phone)
+91-11-2468 2173 (Fax)
HOME PAGE: http://www.ris.org.in
Chiranjib Neogi
Indian Statistical Institute, New Delhi - Economic Research Unit
203 B. T. Road
Calcutta, 700 035
India
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