IDEAS home Printed from https://ideas.repec.org/p/shf/wpaper/2004004.html
   My bibliography  Save this paper

The Indian Economy Since Liberalisation: the Structure and Composition of Exports and Industrial Transformation (1980 – 2000)

Author

Listed:
  • Abhijit Sharma
  • Michael Dietrich

    (Department of Economics, The University of Sheffield)

Abstract

This paper assesses empirically structural change in the Indian manufacturing based export sector, based on an analysis of 143 industries / product groupings (mainly manufacturing industries). Trade indices such as Balassa´s revealed comparative advantage (RCA) index, and other variants commonly employed in the literature are used in our analysis. Regression analysis on the RSCA indices is used to further analyse structural change. Thereafter, the stability of the RCA indices is examined, as well as the process of their intertemporal evolution. Three technology categories (high technology, medium technology and low technology) are examined individually and SITC product codes are used as proxies for export industries, in order to look at industry movements within each of these groups. This analysis enables us to assess the export performance of Indian industries in the selected product-industry groupings in detail and evaluate the prospects for growth of particular Indian industrial groupings.

Suggested Citation

  • Abhijit Sharma & Michael Dietrich, 2004. "The Indian Economy Since Liberalisation: the Structure and Composition of Exports and Industrial Transformation (1980 – 2000)," Working Papers 2004004, The University of Sheffield, Department of Economics, revised May 2004.
    • Handle: RePEc:shf:wpaper:2004004
    as

    Download full text from publisher

    File URL: http://www.shef.ac.uk/content/1/c6/03/91/71/SERP2004004.pdf
    File Function: First version, 2004
    Download Restriction: no
    File URL: http://www.shef.ac.uk/content/1/c6/03/91/71/SERP2004004.pdf
    File Function: Revised version, 2004
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Ronald Findlay, 1995. "Factor Proportions, Trade, and Growth," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262061759, April.
    2. Hoekman, Bernard & Djankov, Simeon, 1997. "Determinants of the Export Structure of Countries in Central and Eastern Europe," The World Bank Economic Review, World Bank, vol. 11(3), pages 471-487, September.
    3. Ferto, Imre & Hubbard, Lionel J., 2003. "The Dynamics Of Agri-Food Trade Patterns - The Hungarian Case," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25851, International Association of Agricultural Economists.
    4. Balassa, Bela, 1979. "The Changing Pattern of Comparative Advantage in Manufactured Goods," The Review of Economics and Statistics, MIT Press, vol. 61(2), pages 259-266, May.
    5. repec:bla:reviec:v:8:y:2000:i:3:p:373-96 is not listed on IDEAS
    6. Deardorff, Alan V, 1974. "Factor Proportions and Comparative Advantage in the Long Run: Comment," Journal of Political Economy, University of Chicago Press, vol. 82(4), pages 829-833, July/Aug..
    7. Krugman, Paul, 1987. "The narrow moving band, the Dutch disease, and the competitive consequences of Mrs. Thatcher : Notes on trade in the presence of dynamic scale economies," Journal of Development Economics, Elsevier, vol. 27(1-2), pages 41-55, October.
    8. Sanjaya Lall, 2001. "Competitiveness, Technology and Skills," Books, Edward Elgar Publishing, number 2298.
    9. Drabicki, John Z. & Takayama, Akira, 1979. "An antinomy in the theory of comparative advantage," Journal of International Economics, Elsevier, vol. 9(2), pages 211-223, May.
    10. Jeroen Hinloopen & Charles Marrewijk, 2001. "On the empirical distribution of the Balassa index," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 137(1), pages 1-35, March.
    11. Giovanni Dosi, 1984. "Technical Change and Industrial Transformation," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-17521-5, December.
    12. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    13. Findlay, Ronald, 1970. "Factor Proportions and Comparative Advantage in the Long Run," Journal of Political Economy, University of Chicago Press, vol. 78(1), pages 27-34, Jan.-Feb..
    14. Ballance, Robert H & Forstner, Helmut & Murray, Tracy, 1987. "Consistency Tests of Alternative Measures of Comparative Advantage," The Review of Economics and Statistics, MIT Press, vol. 69(1), pages 157-161, February.
    15. Imre Fertö & L. J. Hubbard, 2003. "Revealed Comparative Advantage and Competitiveness in Hungarian Agri–Food Sectors," The World Economy, Wiley Blackwell, vol. 26(2), pages 247-259, February.
    16. Pavitt, Keith, 1984. "Sectoral patterns of technical change: Towards a taxonomy and a theory," Research Policy, Elsevier, vol. 13(6), pages 343-373, December.
    17. Andrea Brasili & Paolo Epifani & Rodolfo Helg, 1999. "On the dynamics of trade patterns," LIUC Papers in Economics 61, Cattaneo University (LIUC).
    18. James Proudman & Stephen Redding, 2000. "Evolving Patterns of International Trade," Review of International Economics, Wiley Blackwell, vol. 8(3), pages 373-396, August.
    19. Bent Dalum & Keld Laursen & Gert Villumsen, 1998. "Structural Change in OECD Export Specialisation Patterns: de-specialisation and 'stickiness'," International Review of Applied Economics, Taylor & Francis Journals, vol. 12(3), pages 423-443.
    20. Serafino Marchese & Francisco Simone, 1989. "Monotonicity of indices of “Revealed“ comparative advantage: Empirical evidence on Hillman’s condition," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 125(1), pages 158-167, March.
    21. Arye Hillman, 1980. "Observations on the relation between “revealed comparative advantage” and comparative advantage as indicated by pre-trade relative prices," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 116(2), pages 315-321, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amita Batra, 2007. "Structure of Comparative Advantage of China and India: Global and Regional Dynamics," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 15(6), pages 69-86, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fertő, Imre & Hubbard, Lionel J., 2005. "Az agrárkereskedelem dinamikája - A csatlakozó országok esete [The dynamics of agri-food trade patterns - the accession countries case]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 24-38.
    2. Štefan Bojnec & Imre Fertő, 2008. "European Enlargement and Agro‐Food Trade," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 56(4), pages 563-579, December.
    3. Ferto, Imre & Hubbard, Lionel J., 2003. "The Dynamics Of Agri-Food Trade Patterns - The Hungarian Case," 2003 Annual Meeting, August 16-22, 2003, Durban, South Africa 25851, International Association of Agricultural Economists.
    4. Beňo, Michal, 2021. "E-working: Country Versus Culture Dimension," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    5. Raphaël Chiappini, 2014. "Persistence vs. mobility in industrial and technological specialisations: evidence from 11 Euro area countries," Journal of Evolutionary Economics, Springer, vol. 24(1), pages 159-187, January.
    6. Nendissa, Doppy Roy & Anindita, Ratya & Khoiriyah, Nikmatul & Sa’diyah, Ana Arifatus, 2021. "Consumption and Beef Price Changes on Demand in East Nusa Tenggara, Indonesia," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    7. Widarjono, Agus & Mumpuni Ruchba, Sarastri, 2021. "Demand for Meat in Indonesia: Censored AIDS Model," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    8. Redding, Stephen, 2002. "Specialization dynamics," Journal of International Economics, Elsevier, vol. 58(2), pages 299-334, December.
    9. Kudryashova, Ekaterina & Casetti, Michele, 2021. "The Internet of Things - the Nearest Future of Viticulture," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    10. Cima, Elizabeth Giron & Freire da Rocha-Junior, Weimar & Uribe-Opazo, Miguel Angel & Dalposso, Gustavo Henrique, 2021. "Modifiable Areal Unit Problem (MAUP): Analysis of Agriculture of the State of Paraná-Brazil," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    11. Látečková, Anna & Trnková, Michaela, 2021. "Cloud Computing in Agricultural Enterprises in Slovakia," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    12. Imre Ferto, 2007. "The Dynamics of Trade in Central and Eastern European Countries," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 5(1), pages 5-23.
    13. Darmawan, Dwi Putra & Arisena, Gede Mekse Korri & Utami, Ni Wayan Febriana & Krisnandika, Anak Agung Keswari, 2021. "The Dynamics of the Social Network of Urban Farmers in Subak Sembung Denpasar," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    14. Zdráhal, Ivo & Hrabálek, Martin & Kadlec, Petr & Krpec, Oldřich, 2021. "Brazil's Comparative Advantages and Specialization Dynamics in Agri-food Trade," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 13(2), June.
    15. Andrea Brasili & Paolo Epifani & Rodolfo Helg, 1999. "On the dynamics of trade patterns," LIUC Papers in Economics 61, Cattaneo University (LIUC).
    16. Mohammad Sharif Karimi & Mehran Malekshahian, 2018. "Ricardian Comparative Advantage: Impact of Specialization on the Exportation of Products in ASEAN Countries," Annals of Economics and Finance, Society for AEF, vol. 19(2), pages 473-522, November.
    17. João Amador & Sónia Cabral & José Maria, 2011. "A Simple Cross-Country Index of Trade Specialization," Open Economies Review, Springer, vol. 22(3), pages 447-461, July.
    18. Ufuk Gunes Bebek, 2011. "Stability, Specialisation and Divergence in Export Patterns for EU15," Studies in Economics 1122, School of Economics, University of Kent.
    19. repec:kap:iaecre:v:16:y:2010:i:3:p:311-324 is not listed on IDEAS
    20. Silvia Dal Bianco, 2016. "Going clubbing in the eighties: convergence in manufacturing sectors at a glance," Empirical Economics, Springer, vol. 50(2), pages 623-659, March.
    21. Viet V. Hoang, 2019. "Investigating the evolution of agricultural trade specialization in transition economies: A case study from Vietnam," The International Trade Journal, Taylor & Francis Journals, vol. 33(4), pages 361-378, July.

    More about this item

    Keywords

    India; revealed comparative advantage; manufacturing exports; industrial transformation;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L6 - Industrial Organization - - Industry Studies: Manufacturing

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:shf:wpaper:2004004. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mike Crabtree (email available below). General contact details of provider: https://edirc.repec.org/data/desheuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.