Growth and Pattern of Intra-Industry Trade in Manufactures in Inida's Overall Trade:A Quantitative Analysis
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.
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| Length: | |
| Date of creation: | 2003 |
| Date of revision: | 2005 |
| Publication status: | Published in Indian Journal of Economics and Business 1.4(2005): pp. 161-184 |
| Handle: | RePEc:pra:mprapa:37919 |
| Contact details of provider: | Postal: Ludwigstraße 33, D-80539 Munich, Germany Phone: +49-(0)89-2180-2459 Fax: +49-(0)89-2180-992459 Web page: https://mpra.ub.uni-muenchen.de More information through EDIRC
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References listed on IDEAS
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