Abstract
The study aims to examine the export performance and potential, comparative advantage and direction of tradeof Indian marine products and its possible impact on Indian economy. The secondary data required for the study werecompiled from various sources likeTrade Mapand Marine Products Export Development Authority for the period of2002-03 to 2021-22.The Revealed Symmetric Comparative Advantage (RSCA) index and Markov Chain techniquesrespectively were used to assess the export competitiveness and direction of change in export of Indian marine products.Theresults of the study revealed that, the RSCA index was around 0.60 in 2002-03 which was highest value till date and reducedto 0.17 during 2009-10. Further it has been observed from the Markov Chain technique that, USA was identified as one ofthe most loyal importer and Middle East countries and ‘Others’ were identified as unstable importers of Indian marineproducts
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.