Economic Studies - Research Publications

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    Changing structure of India�s exports with Africa: Where do the technology-intensive exports stand?
    (Routledge, 2023-07-25T00:00:00) Fayaz, Mohd; Kaur, Sandeep
    The present study is an endeavour to document the pattern of comparative advantage and structural changes of Indian exports with Africa with the help of revealed comparative advantage index and the constant market share model for the period 1980�2021. The results indicate that India possesses a comparative advantage in a large number of export products to markets in Africa. However, most of these exports belong to the category of low-tech and resource-based goods. Considering its abundant labour, it is to be expected for India to have a comparative advantage in these low-skilled and labour-intensive traditional exports. The commodities with maximum advantage in the African market are medicinal and pharmaceutical products followed by sugar, sugar preparations, and honey. In the category of technology-intensive products, India has strengthened its market power only in the export of organic chemicals and dyes, and colouring materials. � 2023 African Journal of Science, Technology, Innovation and Development.
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    India�s Merchandise Exports to Asia: A Constant Market Share Analysis
    (Sage Publications India Pvt. Ltd, 2022-02-08T00:00:00) Fayaz, Mohd; Kaur, Sandeep
    The present study attempts to examine the structural changes in Indian merchandise exports to Asia during the period 1980�2016 by using Constant Market Share (CMS) analysis. The index values of the CMS analysis suggest that India has mostly maintained and strengthened its export market share primarily in resource-based and low tech/labour-intensive products. Major technology-intensive exports include organic chemicals and dyes and colouring materials to all its export destinations in Asia. The market effect result shows a positive impact on India�s export performance which suggests that India has diversified its exports to South Asia, Southeast Asia and West and Central Asia. However, market adaptation effect result shows negative impact in East Asian market which means that India is lacking in adapting the import structure of this market. JEL Codes: F1, F14, F43, L6, O53 � 2022 Indian Institute of Foreign Trade.