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An Evaluation of Indian Manufacturing Exports Performance

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  • Satya Prasad Padhi

Abstract

The article, following Young (1928), maintains that the incentives to the growth of firms that is based on providing incentives for further scope of division of labour and narrow specializations in intermediate goods is the best way to promote exports, which would be associated with greater dynamism of the manufacturing sector. It adopts an empirical framework to highlight the conditions that indicate such incidence of dynamism, which could permit both higher wages to more skilled labour force and higher returns to the firms. It shows that there is a slowing down of such dynamism, which can explain the decreasing share of manufacturing exports to total exports in recent times, which is also an indicator of lack of greater dynamism of the manufacturing sector.

Suggested Citation

  • Satya Prasad Padhi, 2015. "An Evaluation of Indian Manufacturing Exports Performance," Foreign Trade Review, , vol. 50(1), pages 41-52, February.
    • Handle: RePEc:sae:fortra:v:50:y:2015:i:1:p:41-52
    DOI: 10.1177/0015732514558141
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    References listed on IDEAS

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    More about this item

    Keywords

    Manufacturing exports; division of labour; external economies;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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