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Determinants of India's Manufactured Exports to South and North: A Gravity Model Analysis

Author

Listed:
  • Suresh K G

    (IBS Business School, Dehradun, India.)

  • Neeraj Aswal

    (Faculty of Science and Technology, ICFAI University, Dehradun, India.)

Abstract

We have analysed the determinants of India's manufactured exports to its southern (developing countries) and northern (developed countries) markets. We employed an augmented gravity model to examine the determinants of India's exports. The analysis shows that India's exports to south and north is explained by the new trade theory variables like total GDP, GDP similarity and the difference in percapita income as an indicator of Heckschor-Ohlin theory of trade. However the distance is more negatively affecting India's exports to north than the southern market as the proximity to southern market is helping India's exports to grow in south.

Suggested Citation

  • Suresh K G & Neeraj Aswal, 2014. "Determinants of India's Manufactured Exports to South and North: A Gravity Model Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 4(1), pages 144-151.
    • Handle: RePEc:eco:journ1:2014-01-14
    as

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    Cited by:

    1. Degirmenci N. & Yakıcı Ayan T., 2019. "Gravity Approach for Determinants of Exports," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 102-111.
    2. Mabeta, Joshua, 2015. "Determinants of Non-Traditional Agricultural Exports Growth in Zambia: A Case of Cotton and Tobacco," Research Theses 243450, Collaborative Masters Program in Agricultural and Applied Economics.

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    More about this item

    Keywords

    South-South trade; South-North trade; Gravity model;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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