IMF Working Papers

India's Growth Spillovers to South Asia

By Iyabo Masha, Ding Ding

February 1, 2012

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Iyabo Masha, and Ding Ding. India's Growth Spillovers to South Asia, (USA: International Monetary Fund, 2012) accessed November 21, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

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.

Subject: Balance of payments, Exports, External debt, Foreign direct investment, Imports, International trade, Trade balance

Keywords: Africa, Aggregate FDI outflow, ASEAN-China Free Trade Area, Asia and Pacific, China-ASEAN trade, East Asia, Economy, Exports, Foreign direct investment, Growth linkages, Growth spillover, Imports, India, India's growth, Regional integration, South Asia, South Asian country, Southern Africa, Spillover impact, Spillovers, Trade, Trade balance, Trade restrictiveness, Transformation Europe, WP

Publication Details

  • Pages:

    23

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2012/056

  • Stock No:

    WPIEA2012056

  • ISBN:

    9781463937744

  • ISSN:

    1018-5941