Structuee of India's Trade: Further Explorations on Theme with Natural Resources as an Additional Factor

The celebrated study of Professor Leontief regarding the structural basis of American foreign trade was followed up by a number of similar approaches. In India, Dr. R. Bharadwaj attempted to verify the Heckscher Ohlin law using the input-output technique. In these and other studies, although the importance of natural resources is recognised, no attempt is made to treat this factor explicitly. In this paper, we have attempted to assess the role of natural resources in India's international trade together with labour and capital.