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The Indian Economy Since Liberalisation: the Structure and Composition of Exports and Industrial Transformation (1980 – 2000)

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Author Info
Abhijit Sharma
Michael Dietrich () (Department of Economics, The University of Sheffield)

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Abstract

This paper assesses empirically structural change in the Indian manufacturing based export sector, based on an analysis of 143 industries / product groupings (mainly manufacturing industries). Trade indices such as Balassa´s revealed comparative advantage (RCA) index, and other variants commonly employed in the literature are used in our analysis. Regression analysis on the RSCA indices is used to further analyse structural change. Thereafter, the stability of the RCA indices is examined, as well as the process of their intertemporal evolution. Three technology categories (high technology, medium technology and low technology) are examined individually and SITC product codes are used as proxies for export industries, in order to look at industry movements within each of these groups. This analysis enables us to assess the export performance of Indian industries in the selected product-industry groupings in detail and evaluate the prospects for growth of particular Indian industrial groupings.

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File URL: http://www.shef.ac.uk/content/1/c6/03/91/71/SERP2004004.pdf
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Publisher Info
Paper provided by The University of Sheffield, Department of Economics in its series Working Papers with number 2004004.

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Length: 43 pages
Date of creation: May 2004
Date of revision: May 2004
Handle: RePEc:shf:wpaper:2004004

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Related research
Keywords: India; revealed comparative advantage; manufacturing exports; industrial transformation;

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Find related papers by JEL classification:
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
L6 - Industrial Organization - - Industry Studies: Manufacturing

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  2. Ferto, Imre & Hubbard, L.J., 2003. "The Dynamics Of Agri-Food Trade Patterns - The Hungarian Case," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25851, International Association of Agricultural Economists. [Downloadable!]
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  6. Imre Fert– & L. J. Hubbard, 2003. "Revealed Comparative Advantage and Competitiveness in Hungarian Agri-Food Sectors," The World Economy, Blackwell Publishing, vol. 26(2), pages 247-259, 02. [Downloadable!] (restricted)
  7. Andrea Brasili & Paolo Epifani & Rodolfo Helg, 2000. "On the Dynamics of Trade Patterns," CESPRI Working Papers 115, CESPRI, Centre for Research on Innovation and Internationalisation, Universita' Bocconi, Milano, Italy, revised Jul 2000. [Downloadable!]
    Other versions:
  8. Findlay, Ronald, 1970. "Factor Proportions and Comparative Advantage in the Long Run," Journal of Political Economy, University of Chicago Press, vol. 78(1), pages 27-34, Jan.-Feb.. [Downloadable!] (restricted)
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  13. Dalum, Bent & Laursen, Keld & Villumsen, Gert, 1998. "Structural Change in OECD Export Specialisation Patterns: De-Specialisation and 'Stickiness.'," International Review of Applied Economics, Taylor and Francis Journals, vol. 12(3), pages 423-43, September.
  14. Drabicki, John Z. & Takayama, Akira, 1979. "An antinomy in the theory of comparative advantage," Journal of International Economics, Elsevier, vol. 9(2), pages 211-223, May. [Downloadable!] (restricted)
  15. Arye Hillman, 1980. "Observations on the relation between “revealed comparative advantage” and comparative advantage as indicated by pre-trade relative prices," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 116(2), pages 315-321, June. [Downloadable!] (restricted)
  16. Sutcliffe, C M S & Sinclair, M T, 1980. "The Measurement of Seasonality within the Tourist Industry: An Application to Tourist Arrivals in Spain," Applied Economics, Taylor and Francis Journals, vol. 12(4), pages 429-41, December.
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    Other versions:
  18. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July. [Downloadable!] (restricted)
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