Are China and India Decoupling from the United States?

  • Kıvanç Halil Arıç Cumhuriyet University, Faculty of Economics and Administrative Sciences, Department of International Trade and Logistics, Turkey
  • Serkan Taştan Cumhuriyet University, Faculty of Economics and Administrative Sciences, Department of International Trade and Logistics, Turkey

Abstract

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.


Key words: Decoupling, China, India, United States, ARDL bounds testing.
JEL: C01, E32, F42.


Posle globalne ekonomske krize 2008. godine, pažnja je usmerena na uslove razdvajanja između ekonomija u razvoju i naprednih ekonomija u ekonomskoj literaturi. Postoje različiti zaključci o razdvajanju. U ovom radu analiziramo uslove koji razdvajaju Kinu i Indiju od Sjedinjenih Država. Koristili smo autoregresivni distribuirani lag (ARDL) pristup testiranja ograničenja za period 1960-2014. Prema rezultatima analize, indikatori Američkog bruto domaćeg proizvoda (GDP), izvoza i uvoza nemaju dugoročne odnose sa GDP-om Kine i Indije.


Ključne reči: Razdvajanje, Kina, Indija, Sjedinjene Države, ARDL testiranje ograničenja.

How to Cite
Halil Arıç K., & Taştan S. (2018). Are China and India Decoupling from the United States? Panoeconomicus, 65(1), 65-78. doi:10.2298/PAN150410026A
Section
Original scientific paper