India’s Trade in Agro-Processed Products: Revealed Comparative Advantage and Its Determinants

Jain, Ankur; Kannan, Elumalai

doi:10.1007/978-981-15-9468-7_12

Cited by 6 publications

(6 citation statements)

References 9 publications

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“…It is possible for a country to register high RC Aij even if share of exports is rather small for the country (Leromain & Orefice, 2014). Strictly speaking, high RCAij reflects potential but actual volume of export to j th country from the i th country is not high (Jain, 2020). An increase of say X % in export of a commodity changes the country’s share (SC) in world export (SW) and the RCA index.…”

Section: Literature Surveymentioning

confidence: 99%

Assessing Direction of India’s Exports: A Dynamic Framework

Chakrabartty,

Sinha

2024

Journal of Asian Economic Integration

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Decision on trade policies with emphasis on bilateral trade relationships needs knowledge about the direction of exports of the exporting country along with associated changes like degree of specialisation, etc. The direction of export for a product or sector can be taken as a set consisting of destination countries (DCs) and corresponding export potentiality. The set reflects the direction, composition and value of trade potentials and helps to decide export-boosting measures of several sectors, focusing on a country. The paper suggests the use of ratio and geometrically aggregated revealed comparative advantage (RCA) values for individual and combined sector growth (positive or negative), respectively. This approach overcomes the static properties of RCA and shift-share analysis typically used to reveal the patterns of trade direction. The pattern is investigated by geometric aggregation of ratios of RCA at the current period over the base period for each sector. The index follows log-normal distribution and shows fluctuations of RCA for a product/sector across time. Such curves of fluctuations for different countries may facilitate meaningful inter-country comparisons. Second, this paper suggests the use of bilateral RCA to determine the direction of India’s exports for a particular sector, enabling the determination of its potential markets. JEL Classification: F1, F4

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Section: Literature Surveymentioning

confidence: 99%

Assessing Direction of India’s Exports: A Dynamic Framework

Chakrabartty,

Sinha

2024

Journal of Asian Economic Integration

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“…However, they are necessary to increase agricultural efficiency, especially in the current agricultural scenario. Hence, investments in the agricultural sectors, especially by the private sector, can help to modernize farm operations (Shaikh and Gachande 2015, Rao et al 2006, Jain and Kannan 2021. Supply chain and market linkages: Traditional supply networks in agricultural sector are exploitive for the farmers (Jain and Kannan 2021).…”

Section: India's Farmers Conditionmentioning

confidence: 99%

“…Hence, investments in the agricultural sectors, especially by the private sector, can help to modernize farm operations (Shaikh and Gachande 2015, Rao et al 2006, Jain and Kannan 2021. Supply chain and market linkages: Traditional supply networks in agricultural sector are exploitive for the farmers (Jain and Kannan 2021). Strategies are required to integrate small and marginal farmers to the modern agricultural supply chain.…”

Section: India's Farmers Conditionmentioning

confidence: 99%

Indian Farmer and Government Initiatives: Policies, Gaps and Way Forward

2022

IJE

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In India, the government continues to implement various programs and policies yearned at increasing agricultural production by facilitating the sale of its products and providing tax relief to Indian farmers. However, most farmers cannot benefit from such plans/policies due to a lack of understanding and are prone to misinformation and scepticism. Farmers are well aware of the risks posed by climate variability and adverse weather conditions. They are unsure which crop to grow due to changes in soil structure caused by unpredictable weather conditions. These are just some of the problems facing Indian farmers. Extensive research has been waged on the importance of farmers to the nation, how they contribute to the national gross domestic product, why they commit suicide, and how beneficial efforts and programs affect them. In this review article, mainly discuss the government's agricultural and production policies, Indian farmers' conditions, government initiatives to alleviate the problem of farmers, advances in sustainable agriculture technology, policies and suggestions on the development of farmers.

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“…A high value of normalRnormalCnormalAij may not imply high export from i th to j th country. For example, RCA of India with Australia for hides and skin between 2018 and 2020 was 6.40, but the commodity constituted only 2.35% of India’s exports to Australia in 2018 (Jain, 2020).…”

Section: Introductionmentioning

confidence: 99%

Constructing Aggregated Revealed Comparative Advantage Index of a Country

Chakrabartty

2023

Journal of Asian Economic Integration

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The measures of revealed comparative advantage (RCA) with multiplicative specification and dependency on world trade of export items are incomparable across time and places. Intra-country comparisons by Balassa RCA and its variants are problematic, calling for a method of aggregating RCA of all sectors of a country reflecting the overall export potential of the country. Overall RCA of a country ([Formula: see text]) is necessary to know the country’s RCA of all the export items as a function of trade flows relative to a point of reference, that is, a base period. The article proposes geometric aggregation of the ratio of RCA at the current period over the base period for each sector to get [Formula: see text] by a continuous, monotonically increasing function of time, satisfying time-reversal test, formation of chain indices and generates time-series data. Progress path of [Formula: see text] and similar path of jth sector may help policymakers to decide on appropriate action for the economy and individual sectors. Distribution of [Formula: see text] will approach lognormal. Knowledge of distributions of [Formula: see text] for different countries helps to have a better inter-country comparison. The similarity of two RCA curves may be evaluated by similarity measures. An empirical illustration of the proposed method is given. JEL Codes: C43, F14

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India’s Trade in Agro-Processed Products: Revealed Comparative Advantage and Its Determinants

Cited by 6 publications

References 9 publications

Assessing Direction of India’s Exports: A Dynamic Framework

Assessing Direction of India’s Exports: A Dynamic Framework

Indian Farmer and Government Initiatives: Policies, Gaps and Way Forward

Constructing Aggregated Revealed Comparative Advantage Index of a Country

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