Export Performance Of India Research Articles

Export Performance of India’s Organized Manufacturing Enterprises: Assessment Based on Firm-level Data versus Plant-level data

Export Performance of India’s Organized Manufacturing Enterprises: Assessment Based on Firm-level Data versus Plant-level data

Export Performance of India's Organized Manufacturing Enterprises: Assessment Based on Firm-Level Data Versus Plant-Level Data

Export Performance of India's Organized Manufacturing Enterprises: Assessment Based on Firm-Level Data Versus Plant-Level Data

Export Performance of India: Pre And Post-Recession Analysis

Export Performance of India: Pre And Post-Recession Analysis

Comparative advantage and export performance of India’s rubber sector: an exploratory analysis

During the last 21 year period from 1996–2016, the total value of imports of rubber and rubber products grew at a rate of 17.66% compared to 14.18% growth rate in the value of exports. As a result of higher growth in imports and lower growth in exports, in the last 10 years, external trade in this segment had shown negative balance of trade consistently. In 2016–2017, the country had a negative balance of trade of US$ 414.76 million dollars. The broad objective of the present study is to identify products groups with comparative advantages in the global market. The study used methods such as Revealed Comparative Advantage, Revealed Symmetric Comparative Advantage and concentration ratio to analyse the comparative advantage of all the 17 rubber and rubber product groups (four digit level) under chapter 40 of the harmonised system nomenclature. Data from world integrated trade solution (WITS) during the period 1996–2016 are used for the analysis. Our results showed that despite a comparative disadvantage of the rubber sector at the aggregate level in the world market, the three product groups, viz, reclaimed rubber (HS 4003), inner tubes, of rubber (HS 4013), and hygienic or pharmaceutical articles (including teats) (HS 4014), exhibited comparative advantage consistently throughout the 21 year period. The two major product groups, viz., new pneumatic tyres of rubber (HS 4011) and other articles of vulcanised rubber other than hard rubber (HS 4016), which accounted for 68.68% of the total value of exports from the sector showed varied trends.

Export performance of India and its impact on GDP during post economic-reforms period

Mindfulness is defined as the attentiveness that surfaces through awareness on reason, in the current moment, and non-judgmentally to the recitation of occurrence, instant by instant. It has been found to influence individual’s openness to experience, attention span, and creativity. Studies in the western context, have suggested the influence of mindfulness on several facets of an entrepreneur. The present study tests the influence of demography on the level of mindfulness among entrepreneurs in the Indian context. Data is collected using the survey method, from 114 entrepreneurs in Bengaluru. Snowballing sampling technique is used to conduct the study. The 14 item Freiburg Mindfulness Inventory scale developed by Walach et al. (2006), is used to measure the level of mindfulness among the entrepreneurs. The reliability of the instrument was found to be 0.75, which is acceptable. T- test and ANOVA were employed to test the hypothesized relationships between the study variables. The current research did not find any evidence of demography on the levels of mindfulness among entrepreneurs in the Indian context.The findings of this study reaffirms the limited role of demography on the mindfulness of individuals and suggests that mindfulness can be developed using mindfulness improvement techniques irrespective of their demography. The study was cross-sectional, so the inferences about causality are limited. Future studies can collect data at different points in the career of an entrepreneur and compare the same.

Impact of exchange rates on exports from India’s sub-national economies

Purpose The purpose of this paper is to examine the impact of real effective exchange rates (REER), both in terms of levels and volatility, on the export performance of India’s sub-national economies, given the recent slowdown in India’s exports. Design/methodology/approach India’s export distribution is highly asymmetric, with 90 percent of India’s exports concentrated in 11 sub-national economies. Exploiting this concentration, this paper constructs a panel data set using available data between 2002 and 2014 to understand the relationship between REER and exports from the top exporting cluster. Moreover, the paper constructs a sub-national competitiveness index to capture the supply capacity of the states. Findings The empirical findings of this paper reveal that a higher REER volatility deters exports and movements in REER do not matter as much as volatility. The most significant finding of the paper is that state competitiveness is the most crucial factor affecting trade. Therefore, policy makers at the state level must lay more emphasis on the supply side such as addressing logistical bottlenecks to help revive exports growth. Originality/value This study makes a departure from the plethora of extant aggregate-level studies by examining the relationship between REER and exports at the sub-national level for India. Considering the highly skewed distribution of India’s exports, the study provides important insights into the exporting patterns and determinants that are at play at the sub-national level.

Analysis of factors affecting the performance of exports in India

Exports is the engine of economic growth of the country that introduce new technologies, stimulate demand, encourage savings and accumulates capital. Further the performance of this sector it depends on factors both in domestic and international. Hence both domestic and international economic policies have a bearing on the overall export performance of India. In this regard, present study has carried out to determine the factors which influence the export performance of India. The outcomes of the study are the Inflation Rate, Real Effective Exchange Rate (REER) and Foreign Direct Investment (FDI) were negative related with value of Export.

Depreciating Currency for Economic Health: A Myth or Reality?

Economists across India including the Chief Economic Advisor (CEA) to the Government of India (GOI), Arvind Subramanian believe that interest rate cut would push up exports and improve the economic health of the country. Arvind pleaded to bring real effective exchange rate (REER) of rupee to its original level for making it competitive. He liked the Governor of the Reserve Bank of India (RBI) to follow the prescribed line. On the other hand the RBI Governor, Raghuram Rajan was in favor of fighting inflation. This paper aims to analyze if depreciation of Indian currency would increase exports and improve India’s trade balance. This article tries to compile the historical data on movement of Indian currency against the US dollar from 1913 to September 9, 2015. It also compiles data on export and import performance of India since 1991 to 2008. The data finds that the currency was depreciated by 765 times in the last 100 years. Even during April, 2014 to September 2015, Indian rupee got depreciated by over 10 per cent. But, export performance of India has been in the negative zone for the 10th month in a row. This paper would like India’s policy makers to take a holistic view of the economy and to toe into scientifically prescribed path rather than depreciating currency to revive Indian Economy.

RMG Trading Scenario in India and Other Major Countries-Comparative Performance & Issues

The article studies the ready-made garments (RMG) export performance of India and its competitors in respectof the major import destinations. India is in a position to increase its market share in ready-to-wear garmentexport to USA after the removal of Quotas. The impact of abolishing of quota system and economic crisis onexports of ready to wear garments to its major markets in post quota regime has been examined. The detailedanalysis of recession hit markets brings out the winners and strugglers in the market. This research paper makesa critical appraisal of the prevailing issues affecting the RMG export import trend.Approach of the Study: The study has been carried on in two phases, the first phase was exploratory researchand the second phase was primary research.Limitation: The research is carried out on the exports of ready-to-wear garments only. The study will not giveany detail of the fabric exports from India. The research is based on a questionnaire survey of ready-to-weargarment exporters in New Delhi, India.

Impact of Foreign Direct Investment on Export Performance in India

In a globalizing world, export success can serve as a measure for the competitiveness of a country’s industries and lead to faster growth. Recently, a much optimistic view on the role of Foreign Direct Investment (FDI) on export performance in the host country has evolved. The Government of India moved in this direction in mid- 1991 which has increased the FDI inflow into India. Viewing the increasing trend of FDI inflows into India, this study explores the impact of FDI inflows on the export performance of India. This study finds that the impact of FDI inflows on export performance is significantly positive. The study also suggests that the policy regarding domestic efforts to enhance manufacturing exports needs reassessment in line with the FDI policy framework in order to reap maximum and long-term benefits.a

India's Trade Competitiveness and Exchange Rate Policy

There is a general view that the export performance of India is unsatisfactory because of its low competitiveness, but no systematic attempt has been made to validate this view. India needs a 12 per cent compound annual growth rate for exports during 2002–07 to reach 1 per cent of world exports of US$ 80.5 trillion. The Indian government has made serious efforts to reform trade policies to make exports more competitive globally. An attempt has been made in this article to measure India's trade competitiveness and examine the role of the exchange rate policy in trade competitiveness. The results indicate that when nominal and real exchange rates appreciate, export price competitiveness (Relative Export Price [REP]) improves, but the competitiveness of profitability (Relative Profitability of Exports and Profitability of Exports Index) deteriorates.

A Comparative Analysis of China's and India's Recent Export Performances

Drawing on the convergence theory, one would expect that the export performance of India (a latecomer to integrating with the global economy) would be at least on par with that of China because China's performance has happened as predicted by the theory. This study, using performance measures based on the endogenous growth theory that internalizes the ability to export the maximum possible exports under the determinants of exports including the existing behind the border and beyond the border constraints, shows that India's export performance is still far behind that of China. The implication of this study is that India's reform measures need to be bolstered effectively to catch up and to overtake China.

Impact of Foreign Direct Investment on the Export Performance of India, China and Malaysia

Foreign direct investment (FDI) has grown in importance for developing countries in recent decades. Global FDI almost quadrupled between 1995 and 2000. The share of developing countries in global flows reached a peak of 39.6 per cent in 1996 before sharply declining due to the Asian crisis in 1997. Amongst the developing countries, China had the largest share of FDI inflows amounting to 17 percent in 2000 while Malaysia and India had relatively lower shares at 2.3 percent and 1 percent respectively. Malaysia, which has a much lower GDP than that of India, receives a higher inflow of FDI. As such, it is worth comparing the influence of FDI inflows on the export performance of these three countries. The time period of the study is from 1991 to 1999. The regression model used here shows exports as a function of FDI, GDP, imports and other qualitative characteristics and has been estimated as a log-log model after testing for the correct functional form. The results indicate that FDI does not influence the exports of India, China and Malaysia. It is GDP and imports that influence their exports.

India's Textiles & Clothing Trade

In this paper we examine the textiles and clothing export performance of India and China during the ATC and post-MFA period, with focus on the two leading consumer markets, viz. the European Union (EU) and USA. We evaluate the proposition that in comparison with China, India has not been able to gain significantly in these markets from the quota-removal on textiles and clothing, and that India has continued to be a smaller player in the world market for textiles and clothing as compared to China. Further, we analyze the implications of the trade trends of the US and EU textiles and clothing markets for the future textiles and clothing export success of India. Besides, we explore the possible strategic options available to India to become a major player in the leading export markets of textiles and clothing despite the competition and competitors. The results reported in the paper support our proposition that India&s gains in textiles and clothing trade in the ATC and post-MFA era have not been commensurate with its hopes. The paper suggests various reasons for this unsatisfactory outcome and outlines some measures to ensure better gains for India in future.