India's Growth Spillovers to South Asia

23 Pages Posted: 28 Feb 2012

See all articles by Ding Ding

Ding Ding

International Monetary Fund

Iyabo Masha

International Monetary Fund (IMF)

Date Written: February 2012

Abstract

This study investigates the role of India's economy in explaining the observed growth in South Asia, taking into consideration other sources of growth endogenous to the countries in the region. Since a review of key variables indicates that India's bilateral trade and financial linkages with South Asian countries (SAC) are relatively weak, the paper analyses the spillover effects by focusing on growth more generally with India's growth as an explanatory variable. The results of the panel growth regressions suggest that India's growth has good explanatory power for growth in other SAC after 1995.

Keywords: Spillovers, Growth Linkages, Regional Integration, And South Asia, Economic Growth

JEL Classification: F15, F21, F42, F43, O47

Suggested Citation

Ding, Ding and Masha, Iyabo, India's Growth Spillovers to South Asia (February 2012). IMF Working Paper No. NO.12/56, Available at SSRN: https://ssrn.com/abstract=2012241

Ding Ding

International Monetary Fund ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Iyabo Masha (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

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