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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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