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Identifying Markets and Forecasting Export Prospects for India’s Marine Products

Author

Listed:
  • Ram Singh

    (Professor & Head (MDPs), Indian Institute of Foreign Trade, New Delhi)

  • Areej Aftab Siddiqui

    (Assistant Professor, Indian Institute of Foreign Trade, New Delhi)

Abstract

The marine sector in India holds tremendous potential for growth, export expansion and employment generation primarily due to India’s competitive advantage in the production of marine products. In the present paper, an attempt has been made to identify the key destinations for India’s marine export using trade analytical tools like Revealed Comparative Advantage and Import Intensity Index. ARIMA forecasting is applied to map the export potential of selected marine products to specific destinations. The paper also provides suggestions to exporters and the policymakers on tapping the future export potential of marine products in selected countries.

Suggested Citation

  • Ram Singh & Areej Aftab Siddiqui, 2021. "Identifying Markets and Forecasting Export Prospects for India’s Marine Products," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 20(1), pages 57-72, June.
    • Handle: RePEc:ijb:journl:v:20:y:2021:i:1:p:57-72
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    References listed on IDEAS

    as
    1. Paul, Ranjit Kumar & Panwar, Sanjeev & Sarkar, Susheel Kumar & Kumar, Anil & Singh, K.N. & Farooqi, Samir & Choudhary, Vipin Kumar, 2013. "Modelling and Forecasting of Meat Exports from India," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 26(2).
    2. Rahul Anand & Ms. Kalpana Kochhar & Mr. Saurabh Mishra, 2015. "Make in India: Which Exports Can Drive the Next Wave of Growth?," IMF Working Papers 2015/119, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Marine Sector; India; Export Forecasting; Revealed Comparative Advantage; Import Intensity; ARIMAt;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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