Review of Professional Management- A Journal of New Delhi Institute of Management

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A Gravity Model Estimation of India's Export Potential to the GCC States


Affiliations
1 Department of Economics, University College of Social Sciences, MLSU, Udaipur, India
2 IILM, Greater Noida, India
 

India and the GCC states have long shared cordial relations both in the economic as well as political front. The paper estimates India's export potential to 83 trading partners of India (spread across 10 Regional Trading Agreements). The first part of the paper discusses the origin and geo-economic strength of the Gulf Cooperation Council (GCC) and its relation with India. GCC comprises of six states including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The second part of the paper presents the gravity model predictors and makes a literature review of the usage of this model. The augmented form of this model as used in this study along with the findings of this paper as per the model estimates have been presented in the third part of this paper. The focus of the analysis is on ascertaining India's export potential to the GCC states.

Keywords

GCC, Gravity Model, India's Export Potential.
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  • A Gravity Model Estimation of India's Export Potential to the GCC States

Abstract Views: 638  |  PDF Views: 178

Authors

Faisal Ahmed
Department of Economics, University College of Social Sciences, MLSU, Udaipur, India
Anju Kohli
Department of Economics, University College of Social Sciences, MLSU, Udaipur, India
Prabhat Pankaj
IILM, Greater Noida, India

Abstract


India and the GCC states have long shared cordial relations both in the economic as well as political front. The paper estimates India's export potential to 83 trading partners of India (spread across 10 Regional Trading Agreements). The first part of the paper discusses the origin and geo-economic strength of the Gulf Cooperation Council (GCC) and its relation with India. GCC comprises of six states including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. The second part of the paper presents the gravity model predictors and makes a literature review of the usage of this model. The augmented form of this model as used in this study along with the findings of this paper as per the model estimates have been presented in the third part of this paper. The focus of the analysis is on ascertaining India's export potential to the GCC states.

Keywords


GCC, Gravity Model, India's Export Potential.



DOI: https://doi.org/10.20968/rpm%2F2009%2Fv7%2Fi1%2F100893