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A Constant Market Share Analysis of India’s Export Performance

Author

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  • Kulwinder Singh

Abstract

In the light of substantial improvement in export growth and changing internal and external economic environment, this article investigates the major sources of India’s exports performance during the post-liberalization period (1991–2011) by using constant market share model. It is found that growth of India’s exports found to be outstanding as it was remained well above the growth of world exports as well as export growth of the majority of the giant exporters except China during this period. The analysis reveals that export performance was mainly attributed to their competitive strengths in the global export market, however world demand for exports also proved as its important source. It is also emphasized that competiveness of India’s export remained prone to high inconsistencies arising out of changing external environment. Consistently negative composition effect came out as the most disturbing aspect of India’s export performance. On the other hand, market distribution has laid marginally positive impact on export performance. Given the export promotion outward orientation as strategy of development, inconsistent competitiveness and wrong specialization pattern of exports could adversely influence their performance in particular and also have wider implications for the external sector in general.

Suggested Citation

  • Kulwinder Singh, 2014. "A Constant Market Share Analysis of India’s Export Performance," Foreign Trade Review, , vol. 49(2), pages 141-161, May.
    • Handle: RePEc:sae:fortra:v:49:y:2014:i:2:p:141-161
    DOI: 10.1177/0015732514525190
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    References listed on IDEAS

    as
    1. Mukherjee, Sanchita, 2009. "Technology intensity of Indian merchandise exports," MPRA Paper 35694, University Library of Munich, Germany.
    2. Witada Anukoonwattaka & Mia Mikic (ed.), 2011. "India: A New Player in Asian Production Networks?," ARTNeT Books and Research Reports, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number brr9.
    3. Mia Mikic & Witada Anukoonwattaka, 2011. "India: A New Player in Asian Production Networks?," Studies in Trade and Investment 75, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    India’s exports; export performance; competitiveness; world demand;
    All these keywords.

    JEL classification:

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

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