Are China and India decoupling from the United States?
After the 2008 global economic crisis, there has been an attention on decoupling conditions between emerging and advanced economies in the economic literature. There have been different conclusions about decoupling. In this study, we analyzed the conditions decoupling China and India from the United...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Economists' Association of Vojvodina
2018-01-01
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Series: | Panoeconomicus |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2018/1452-595X1600026A.pdf |
Summary: | After the 2008 global economic crisis, there has been an attention on decoupling conditions between emerging and advanced economies in the economic literature. There have been different conclusions about decoupling. In this study, we analyzed the conditions decoupling China and India from the United States. We used the autoregressive distributed lag (ARDL) bounds testing approach for the period of 1960-2014. According to the results of the analysis, the U.S. gross domestic product (GDP), export, and import indicators have no long-term relationship with China’s and India’s GDP. |
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ISSN: | 1452-595X 2217-2386 |