Export Determinants of Total Leather and Leather Products – Regional Analysis

This study differs in the period of study and the coverage of terms. The study covers the period before reform from 1980-81 to 1990-91 and, after the reform from 1991-92 to 2004-05, which is an extension of the previous studies, and the whole period from 1980-81 to 2004-05. Regarding the coverage of terms, it focuses on several key factors in analyzing determinants of India's export of leather and leather products, empirically through the application of regression, to economic regions, viz. High Income OECD Countries, Europe and Central Asia, Latin America and the Caribbean, Middle East and North Africa, South Asia, Sub-Saharan Africa, Other High Income Countries, and East Asia and the Pacific regions. World demand significantly affects total exports of leather and leather products to all the economic regions except Europe and Central Asia, and South Asia. The variables, domestic demand, export promotion policy, India's relative price, the import of leather, allied products and machinery, assume significant importance to select regions. The influence of post-reform period significantly differs from pre-reform and is favourable in the case of export to Middle East and North Africa; and South Asia.