Indian Journal of Industrial Relations: Economics & Social Dev.

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Pattern of Trade & Trade Advantage in Transport Equipment Industry in India


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1 Department of Economics, Avinashilingam Institute for Home Science and Higher Education for Women, Coimbatore, India
     

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This paper analyses the pattern of trade and trade advantage in transport equipment during 2000-2014. Tools such as Static Index, Marginal Intra-Industry Trade (MIIT) Index or Dynamic Index, Horizontal and Vertical Intra-industry Index, Revealed Comparative Advantage (RCA) Index, Theoretical Range of the RCA value, Revealed Symmetric Comparative Advantage (RSCA) Index or Product Mapping, Revealed Competitive Advantage Index, Relative Trade Advantage (RTA) Index etc were used. It was found that intra-industry trade was taking place at high level. Higher quality trade was taking place during 2001 and 2009-14 Low quality products were exported in some years. Transport equipment industry had comparative disadvantage throughout the reference period.
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  • Pattern of Trade & Trade Advantage in Transport Equipment Industry in India

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Authors

M. Manonmani
Department of Economics, Avinashilingam Institute for Home Science and Higher Education for Women, Coimbatore, India

Abstract


This paper analyses the pattern of trade and trade advantage in transport equipment during 2000-2014. Tools such as Static Index, Marginal Intra-Industry Trade (MIIT) Index or Dynamic Index, Horizontal and Vertical Intra-industry Index, Revealed Comparative Advantage (RCA) Index, Theoretical Range of the RCA value, Revealed Symmetric Comparative Advantage (RSCA) Index or Product Mapping, Revealed Competitive Advantage Index, Relative Trade Advantage (RTA) Index etc were used. It was found that intra-industry trade was taking place at high level. Higher quality trade was taking place during 2001 and 2009-14 Low quality products were exported in some years. Transport equipment industry had comparative disadvantage throughout the reference period.

References