Prospects of India–GCC Trade Relations

Alam, Imran; Ahmed, Shahid

doi:10.1177/0015732516663318

Cited by 4 publications

(7 citation statements)

References 4 publications

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“…The PBT estimation equation used by Mukherji (2005) was named Indicative Trading Potential by Helmers & Pasteels (2006). In addition, Bano et al (2013), Alam (2017), Taneja et al (2020) and Li and & Li (2020) used PBT for international trade potential analysis. The idea of PBT is to evaluate the supply-demand capabilities of the supplying countries under optimal conditions.…”

Section: Data Data Sources and Methodologymentioning

confidence: 99%

“…Kojima (1964) analysed the trade patterns of industrialised nations using the trade intensity index, which is divided into export intensity and import intensity. This trade intensity index is prevalent in trade analysis from the Kojima has developed index use (Alam, 2017; Marukawa, 2021; Raghurampatruni et al, 2021; Sawhney & Kiran, 2019). In Ricardo’s theory of comparative advantage, measurements are attainable if product-wise cost data is available for testing.…”

Section: Review Of Literaturementioning

confidence: 99%

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India’s Export Potential to Southern African Customs Union

Yadav,

Singh

2023

Insight on Africa

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The Southern African Customs Union (SACU) is a prominent economic association of the African continent. SACU comprises five southern African countries: South Africa, Botswana, Namibia, Lesotho, and Eswatini. The overall value of India’s trade with SACU increased from $1,477.52 million in 2001 to $1,0941.24 million in 2020, an almost sixfold increase. The export increased almost tenfold between 2001 and 2020, from US$ 343.49 million to US$ 3,760.94 million. In order to increase India’s trade with SACU, the Indian-SACU PTA negotiations are now ongoing. This article examines India’s export potential to SACU nations using the revealed comparative advantage index, the revealed import dependency index, and the Potential bilateral trade equation. The study shows India has trade potential with all SACU member states. Still, it has only utilised this potential with South Africa. India has not taken advantage of the vast potential of exporting its goods to SACU countries except South Africa. The trade intensity index indicates that India’s export and import intensities with SACU have increased over time.

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Section: Data Data Sources and Methodologymentioning

confidence: 99%

Section: Review Of Literaturementioning

confidence: 99%

India’s Export Potential to Southern African Customs Union

Yadav,

Singh

2023

Insight on Africa

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“…However, the findings of the study also showed that there is a great degree of the comparative advantage and that there is growth in IIT for several product groups. Alam and Ahmed (2017) empirically investigated India's trade relations with the Gulf Cooperation Council (GCC) from 2001 to 2014. The analysis was carried out at the HS 2-digit level using various trade indices.…”

Section: India's Trade Relations With Australiamentioning

confidence: 99%

An Analysis of India's Revealed Comparative Advantage in Merchandise Trade with Australia

Mustafa

Sharma²

2023

GES

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India's export sector has considerably improved since 1991 economic and trade reforms. It has gained momentum after the signing of various trade agreements with several countries. India and Australia started free trade agreement (FTA) negotiations over a decade ago in 2011 and finally concluded a landmark Economic Cooperation and Trade Agreement (ECTA) on 2nd April 2022. This study examines India's trade relations with Australia using the revealed comparative advantage (RCA) index and trade intensity index (TII) for exports and imports, to determine the patterns of exports and areas of specialisation of the two countries. The findings suggest that the bilateral trade between India and Australia has not strengthened. However, India enjoys a comparative advantage in several product groups, which fall into the category of primary goods, low-technology manufacturers, and manufactured goods as well. Overall, the RCA is much higher for India's exports than that for Australia's exports to India. The study finds that India has trade potential in several product groups with Australia and efforts should be made to bring greater benefits from the trade agreement for both countries in the years to come.

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“…Sahib and Kari (2012) stress the important role of Saudi Arabia in terms of regional trade but find that economic integration with non‐GCC countries has been stronger in the last few years than among GCC members. Hence, GCC states have mainly looked for their trade partners outside of the Gulf region, in an effort to improve economic growth outcomes (Akhtar & Rouis, 2010; Alam & Ahmed, 2017).…”

Section: Underlying Determinants Of Gcc Trade Patternsmentioning

confidence: 99%

“…Another driving force behind GCC trading patterns (particularly Asian exports to the region) has been the strong immigration flows from South East Asia (Karayil, 2016). Hence, trade relations with countries like India and the Philippines are strengthening (Alam & Ahmed, 2017).…”

Section: Underlying Determinants Of Gcc Trade Patternsmentioning

confidence: 99%