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Growth and Pattern of Intra-Industry Trade in Manufactures in Inida's Overall Trade:A Quantitative Analysis

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  • Das, Gouranga G.

Abstract

This paper analyses empirical evidences of growing volume of Intra-industry trade in India during 1975-1992. Quantitative evidences show that trade in manufactured products has increased with rapid industrialisation leading to genesis of intra-industry trade. Measures of Grubel-Lloyd Intra-industry trade indexes for India’s trade with the world, the Asian economies and the developed countries are calculated. It shows that India’s intra-industry trade is more with the developed countries than with the developing countries. Also, we observe that burgeoning volume of intra-industry trade is positively associated with (i) per capita GNP; (ii) trade openness; (iii) share of manufacturing exports in total exports.

Suggested Citation

  • Das, Gouranga G., 2003. "Growth and Pattern of Intra-Industry Trade in Manufactures in Inida's Overall Trade:A Quantitative Analysis," MPRA Paper 37919, University Library of Munich, Germany, revised 2005.
  • Handle: RePEc:pra:mprapa:37919
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    References listed on IDEAS

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    Cited by:

    1. Sawyer, William C. & Sprinkle, Richard L. & Tochkov, Kiril, 2010. "Patterns and determinants of intra-industry trade in Asia," Journal of Asian Economics, Elsevier, vol. 21(5), pages 485-493, October.

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    More about this item

    Keywords

    Intra-industry trade; India's trade pattern; Manufactures trade; trade openness; development; Grubel-Lloyd index;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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