Export Performance and Comparative Advantage of India in Healthcare Merchandise Export

Oberoi, Sumit; Kansra, Pooja; Yadav, Rohit

doi:10.1007/978-981-15-0751-9_123

Cited by 1 publication

(2 citation statements)

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“…Whereas, ASEAN economies are whopping buyer of service retail. In recent literature Oberoi et al 14 "India ought to work on formulating innovative export preferment strategies to achieve sustainable comparative advantage at industry and sector level as whole. Thus, export elevation blueprint is the need of an hour to survive in such a competitive international market for both old-school and new-fangled exporters".…”

Section: Literature Reviewmentioning

confidence: 99%

“…Amid 48 Asian nations, India's pharmaceutical segment perceived an essential restructuring in mounting income and occupational opportunities. 14 India's holds competitiveness and comparative advantage in its large pool of highly qualified medical specialists in comparison to its peer Asian. Quite the reverse, ASEAN partners such as Malaysia, Singapore and Thailand are giving India a stiff competition in healthcare sector.…”

Section: Rational Of the Studymentioning

confidence: 99%

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India’s Incipient Comparative Advantage and Trade Specialization in Pharmaceutical Sector in Comparison to ASEAN

Oberoi¹,

Kansra²

2022

IJPER

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Introduction:Today the whole world is looking towards the rising role of Asian nations in the world trade. Amid 48 Asian nations, India's pharmaceutical segment observed a crucial restructuring in mounting income and occupational opportunities. Aim/ Objectives: Therefore, the present study aims at measuring comparative advantage and trade specialization between India and selected ASEAN economies at harmonized standard 4-digit level of product categorization. Materials and Methods: Statistical indexes meticulously assess the secondary data by performing revealed comparative advantage (RCA) index and Lafay index. Results: Outcomes lucidly elucidate that India embraces comparative advantage and trade-specialization for pharmaceutical sectors viz. 'Bulk Medicines', 'Inputs Specific to Pharmaceutical Industry' and 'Medical technology equipment". Conclusion: Thus, the results advocates that industrial progressions, technical innovation, product sophistication and commodity diversification in pharmaceutical sector is a pre-requisite for India to clinch trade superiority.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Rational Of the Studymentioning

confidence: 99%