ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Shruthi JayaramSubscribe to Shruthi Jayaram

Examining the Decoupling Hypothesis for India

This paper examines the decoupling hypothesis for India. It analyses 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.
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