Growth and Pattern of Intra-Industry Trade in Manufactures in India`s Overall Trade:A Quantitative Analysis
- Authors
- Gouranga G. Das
- Issue Date
- Jun-2005
- Publisher
- Ashwin Anokha Publications and Distributors
- Keywords
- Intra-industry trade; India s trade pattern; Manufactures trade; Grubel-Lloyd Index
- Citation
- Indian Journal of Economics and Business, v.4, no.1, pp 161 - 184
- Pages
- 24
- Indexed
- FOREIGN
- Journal Title
- Indian Journal of Economics and Business
- Volume
- 4
- Number
- 1
- Start Page
- 161
- End Page
- 184
- URI
- https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/45879
- ISSN
- 0972-5784
- Abstract
- This paper analyses empirical evidences of growing volume of intra-industry trade in India during 1975-1992. Quantitative evidences show that trade in manufactured products has increased with rapid industrialisation leading to genesis of intra-industry trade. Measures of Grubel-Lloyd Intra-industry trade indexes for India s trade with the world, the Asian economies and the developed countries are calculated. It shows that India s intra-industry trade is more with the developed countries than with the developing countries. Also, we observe that burgeoning volume of intra-industry trade is positively associated with (i) per capita GNP; (ii) trade openness; (iii) share of manufacturing exports in total exports.
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