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Trade Costs Between India and ASEAN: A Gravity Framework

In: Trade, Investment and Economic Growth

Author

Listed:
  • D. Nagraj

    (Symbiosis International (Deemed University))

  • I. Ghosh

    (Symbiosis International (Deemed University))

Abstract

The study attempts to determine the challenges arising in trade between India and ASEAN, and various factors that contribute to trade costs. The Novy approach to the gravity model of trade has been employed to understand the possible sources of trade costs. The findings show that trade volumes between India and its ASEAN trading partners have increased over the years, as well as the trade gap. The econometric results show that among the variables considered, shipping connectivity and distance are the major factors contributing to trade costs.

Suggested Citation

  • D. Nagraj & I. Ghosh, 2021. "Trade Costs Between India and ASEAN: A Gravity Framework," Springer Books, in: Pooja Lakhanpal & Jaydeep Mukherjee & Biswajit Nag & Divya Tuteja (ed.), Trade, Investment and Economic Growth, chapter 0, pages 73-90, Springer.
    • Handle: RePEc:spr:sprchp:978-981-33-6973-3_5
    DOI: 10.1007/978-981-33-6973-3_5
    as

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