IDEAS home Printed from https://ideas.repec.org/a/asi/aeafrj/v13y2023i6p379-392id4785.html
   My bibliography  Save this article

India's bilateral trade agreements and export competitiveness of agricultural commodities

Author

Listed:
  • Krishnakumar Nanu Bandolkar
  • Sudarsan P K

Abstract

Regional Trade Agreements (RTAs) are important as they can create an economic impact on international businesses and influence global economic policies. The key objective of this study is to understand whether India's agricultural export competitiveness with its partners has improved after the creation of these Regional Trade Agreements. The study applies the Revealed Comparative Advantage (RCA) index to gauge the export competitiveness of India with its RTA partners. The data has been analyzed for products in the agriculture category – Animals (product codes (PCs) 01 to 05), Vegetables (PCs 06 to 15), and Food Products (PCs 16 to 24) – based on the Harmonized System (HS2) classification. Out of 164 cases of agricultural export competitiveness, 84 cases have shown statistically significant changes after the formation of the studied RTAs. Among these 84 cases, 31 have shown improvement in the RCA, and 53 have shown a deterioration of the RCA. Considering India's agricultural export competitiveness, the India–Thailand Free Trade Agreement (FTA) is the most beneficial, while the India–Singapore Comprehensive Economic Cooperation Agreement (CECA) and the India–Sri Lanka FTA can be treated as highly disadvantageous bilateral agreements. The results have trade policy implications for India and other developing nations that are in the process of negotiating for more RTAs.

Suggested Citation

  • Krishnakumar Nanu Bandolkar & Sudarsan P K, 2023. "India's bilateral trade agreements and export competitiveness of agricultural commodities," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 13(6), pages 379-392.
    • Handle: RePEc:asi:aeafrj:v:13:y:2023:i:6:p:379-392:id:4785
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5002/article/view/4785/7600
    Download Restriction: no
    File URL: https://archive.aessweb.com/index.php/5002/article/view/4785/7762
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:asi:aeafrj:v:13:y:2023:i:6:p:379-392:id:4785. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5002/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.