Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Measuring Structural Changes and Concentration of India’s Manufactured Goods Export Since 1991


Affiliations
1 Department of Economics, Panjab University, Chandigarh 160014, Punjab, India
     

   Subscribe/Renew Journal


This examines the manufactured goods export of India during the period 1991-1992 to 2013-2014. It measures their growth, structure and concentration. Their concentration is measured with the help of Concentration Ratio (CR), Hirschman-Herfindahl Index (HHI) and Comprehensive Concentration Index (CCI). It shows that there has been a gradual shift in them from labour-intensive sectors like textile and textile products, leather and manufactures and handicrafts(excluding handmade carpets) to capital and skill intensive items like engineering goods, chemicals and related products, and gems and jewellery.
Subscription Login to verify subscription
User
Notifications
Font Size

  • Aggarwal, M.R. (1982), Export Earning Instability and Economic Development in Less Developed Country: A Statistical Verification, Indian Economic Journal, 29(3): 60-70.

  • Banik, N. (2001), An Anaylsis of India's Exports During the 1990's, Economic and Political Weekly, 36(44): 4222-4230.

  • Bannock, G., R.E. Baxter and E. Davis (1992), The Penguin Dictionary of Economics, Penguin Book Ltd., London, England.

  • Barthwal, R. (2011), Industrial Economics: An Introductory Textbook, New Age Third Revised Edition.

  • Burange, L. and J.C. Sheetal (2008), India's Revealed Comparative Advantage in Merchandise Trade, Artha Vijnana, L(4): 332-363.

  • Chenery, H.B. (1979), Structural Change and Development Policy, World Bank, Oxford University Press

  • Desai, P.N. (2013), Export Innovation System: Changing Structure of India's Tecnology Intensive Exports, Institutions and Economies, 5(3): 21-52.

  • Dikshit, P. (2002), Dynamics of Indian Export Trade, Deep and Deep Publication Pvt. Ltd., New Delhi.

  • Erlat, G. and O.A. Kyuz (2001), Country Concentration of Turkish Exports and Import Over Time, Economic Web Institute.

  • Francis, S. (2015), India's Manufacting Sector Export Performanc : A Focus on Missing Domestic Intersectoral Linkages, Working paper 182, Institute of Stdies in Industrial Development, New Delhi.

  • Goulet, D. (1971), The Cruel Choice: A New Concept on the Theory of Development, Atheneum: New York.

  • Government of India (Various Issues), Economic Survey.

  • Harikumar, A. (2014), Changing Phases of India's International Trade Before and After Liberalization Period, International Journal of Application or Innovation in Engineering and Management, 3(3): 72-76.

  • Kaur, N. (1993), Indian Exports: An Analysis of Instability and Performance, Ph.D. Thesis, Unpublished, Punjabi University, Patiala.

  • Kavoussi, R.M. (1984), Export Expansion and Economic Growth: Further Emperical Evidence,Journal of Development Economics, 14(1): 241-250.

  • Krishna, G.D. and R. Kumar (2015), Indian Exports: Loss of Global Competitiveness, Economic and Political Weekly, L(3): 20-23.

  • Kumar, R.P. (2007), Has the Fuel Run Out of Indian Exports, Business Standard, February 26.

  • Kumaresan, P., S. Indumati and C. Kamble (2010), Performance of Indian Silk Goods Exports: A Constant Market Share Analysis, Indian Journal of Economics, 6C(360): 239-251.

  • Mahesha, M. (2013), Performance of Indian Manufacturing Industries During Reform Period: An Empirical Investigation, The Indian Journal of Economics, 13C(371): 445-463.

  • Maity, S. (2013), India's Leather and Manufactures Exports in the Scenario of WTO: An analysis Trend and Structural Shifts, Managing Global Transitions,11(3): 261-281.

  • Malhotra, N. and Meenu (n.d.), Measuring Structural Changes and Concentration of India's Imports, in S. Ahmed, and S. Ashraf (Eds.), International Trade in Emerging Economies, pp. 248-268.

  • Mani, S. (2000), Exports of High Tecnology Products from Developing Countries: Is It Real or a Statistical Artifact, Disussion Paper Series,Institute for New Technologies, The United Nations University.

  • Manjappa, H. and V. Ishwar (1998), Import Led Growth Led Export: A New Trade Development Model for Developing Countries, The Indian Economic Journal, 45(3): 100-118.

  • Marconi, N., C. Reis and E. Araujo (2013), The Role of Manufacturing Exports in the Economic Development of Middle Income Countries, www.boeckler.de.

  • Meenu, M.N. (2011), Dynamics of India's Imports (1stEd.), Discovery Publishing House Pvt. Ltd., India

  • Moon, B.E. (1998), Exports, Outward Oriented Development and Economic Growth, Political Research Quarterly, 51(1): 7-37.

  • Mukherjee, S.M. (2012), Overview of India's Export Performance: Trends and Drivers, Working Paper No. 363, Indian Institute of Management, Banglore.

  • Narayanaswamy, K. and J. Joseph (2013), A Comparative Study on Export Performance of Indian Textile and Clothing Industry with Special Reference to United States: A Post A.T.C Analysis, Indian Journal of Research PARIPEX, 3(4): 235-238.

  • Padhan, P.C. (2004), Export and Economic Growth: An Empirical Analysis for India, Artha Vijnana, 46(1-2): 179-190.

  • Padhi, S.P. (2013), Manufacturing Exports and Policy Formulations, Foreign Trade Review, 48(2): 267-273.

  • ---------- (2015), An Evaluation of Indian Manufacturing Exports Performance, Foreign Trade Review, 50(1): 41-52.

  • Pandian, A.S., M. Prabu and B.J. Varathan (2013), Changing Dimensions of Export of Leather and Leather Products in India- A Markov Chain Analysis, Indian Journal of Applied Research, 3(2): 69-70.

  • Patra, M.D. (1992), The Structure of India's Imports, R.B.I. Occational Papers, 13(2): 81-105.

  • Prakash, S. and R. Panigrahi (2011), Economic Slowdown and Indian Exports, Indian Journal of Economics, 12C(364): 179-197.

  • Ram, R. (1987), Exports and Economic in Developing Countries from Time-series and Crosssectional Data, Economic Development and Cultural Change, 36(1): 51-72.

  • Sahni, P. (2014), Trends In India's Exports: A Comparative Study of Pre and Post Reform Period, ISOR Journal of Economics and Finance (ISOR-JEF), 3(2): 8-18.

  • Salvatore, D. (2007), International Economics (8th Edition), Pashupati Printers Pvt. Ltd, New Delhi.

  • Samen, S. (2010), A Primer on Export Diversification: Key Concepts, Theoretical Underpinnings and Empirical Evidence, Growth and Crisis Unit, World Bank Institute.

  • Sathe, D. (1997), Import Intensity of India's Exports: Some Fresh Evidence, Economic and Political Weekly, 32(8): M-31 - M-44.

  • Satheesha, B. and C. Yadu (2015), Structural Changes and Growth Pattern of Indian Industries in the Post Reform Era, The Asian Economic Review, 57(1): 91-104.

  • Sau, R. (1983), Structural Adjustment in the Indian Economy: IMF Model of Import-Pushed Growth, Economic and Political Weekly, 18(19, 20 & 21): 779-788, May.

  • Sen, A. (1983), Development: Which Way Now?, Economic Journal, 93(372): 745-762, December.

  • Sufaira, C. (2015), Trade Openness and Performance of Manufacturing Sector in India, The Asian Economic Review, 57(1): 83-90.

  • Thirlwall, A. (2003), Growth and Development With Special Reference to Developing Economies (7th Edition Ed.), Palgrave Macmillan.

  • Todaro, M.P. (2007), Economic Development (8th Edition), Pearson Education.

  • Veeramani, C. (2007), Sources of India's Export Growth in Pre- and Post- Reform Periods, Economic and Political Weekly, 42 (25): 2419-2427.

  • www.ibef.org.

  • www.rbi.org.in.


Abstract Views: 642

PDF Views: 1




  • Measuring Structural Changes and Concentration of India’s Manufactured Goods Export Since 1991

Abstract Views: 642  |  PDF Views: 1

Authors

Meenu
Department of Economics, Panjab University, Chandigarh 160014, Punjab, India
Sita Bisht
Department of Economics, Panjab University, Chandigarh 160014, Punjab, India

Abstract


This examines the manufactured goods export of India during the period 1991-1992 to 2013-2014. It measures their growth, structure and concentration. Their concentration is measured with the help of Concentration Ratio (CR), Hirschman-Herfindahl Index (HHI) and Comprehensive Concentration Index (CCI). It shows that there has been a gradual shift in them from labour-intensive sectors like textile and textile products, leather and manufactures and handicrafts(excluding handmade carpets) to capital and skill intensive items like engineering goods, chemicals and related products, and gems and jewellery.

References





DOI: https://doi.org/10.21648/arthavij%2F2018%2Fv60%2Fi3%2F176172