India's Growth Spillovers to South Asia

Author/Editor: Iyabo Masha ; Ding Ding
Publication Date: February 01, 2012
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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.
Series: Working Paper No. 12/56
Subject(s): Economic growth | Spillovers

Author's Keyword(s): Spillovers | growth linkages | regional integration | and South Asia.
Publication Date: February 01, 2012
ISBN/ISSN: 9781463937744/1018-5941 Format: Paper
Stock No: WPIEA2012056 Pages: 23
US$18.00 (Academic Rate:
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