Intra-industry trade in textile industry: the case of India
Intra-industry trade (IIT) plays a pivotal role in Indian textile industry. It is a new phenomenon. Since 1960, this concept has been used by Pieter Verdoorn and Bela Balassa. The aim of this paper is to measure the level of IIT in Indian textile industry. For this purpose, the Grubelâ€“Lloyd index has been calculated. The analysis is based on annual time series data of export and import. The results reveal that during 1990s, the level of IIT in Indian textile industry was higher, whereas since inception of 21st century it went down. It is due to rise in net export.
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Volume (Year): 4 (2012)
Issue (Month): 1/2 ()
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References listed on IDEAS
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- C. Veeramani, 2007. "Industry-Specific Determinants of Intra-Industry Trade in India," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 42(2), pages 211-229, December.
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- Horst Raff & Joachim Wagner, 2009. "Intra-Industry Adjustment to Import Competition: Theory and Application to the German Clothing Industry," Working Paper Series in Economics 144, University of Lüneburg, Institute of Economics.
- Raff, Horst & Wagner, Joachim, 2009. "Intra-industry adjustment to import competition: theory and application to the German clothing industry," Kiel Working Papers 1557, Kiel Institute for the World Economy (IfW).
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- Marius Brulhart & Michael Thorpe, 2000. "Intra-industry trade and adjustment in Malaysia: puzzling evidence," Applied Economics Letters, Taylor & Francis Journals, vol. 7(11), pages 729-733.
- Krugman, Paul R., 1979. "Increasing returns, monopolistic competition, and international trade," Journal of International Economics, Elsevier, vol. 9(4), pages 469-479, November. Full references (including those not matched with items on IDEAS)
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