Year: 2026
Type: article
Abstract: We examine the decoupling hypothesis for India from the G7 during 1996Q2–2024Q3. Using the correlation coefficient, Euclidean distance-based decoupling index, and OLS regression, we find: (1) evidence of incomplete decoupling; (2) India cannot be completely decoupled from the G7; (3) India shows strong coupling with Canada and the US; (4) the decoupling hypothesis is rejected except for Italy; and (5) decoupling has increased in the aftermath of the GFC.
Source: Asian Economics Letters
DOI: 10.46557/001c.155414
Author: Rakesh Padhan
Institution: Indian Institute of Technology Roorkee
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W7131098554