Asian Review of Social Sciences (ARSS)
Trade Competitiveness of Indian Wheat during Post-Reform Period
Author : Sonu Madan and Rajni SharmaVolume 7 No.2 July-September 2018 pp 25-32
Abstract
The present study analyses trade competitiveness of wheat export of India for the time period 1991 to 2016 using Nominal Protection Coefficient (NPC), temporal behaviour of NPC and Constant Market Share Analysis. The results revealed that Indian wheat has not been competitive in a regular manner under both exportable and importable hypothesis. Indian wheat has been found to be competitive under importable and exportable hypothesis during the period 1991-92 to 2000-01 & during 2011-12 to 2015-2016, but not competitive during 2001-02 to 2010-11. Constant Market Share Analysis suggests that export growth of wheat is attributed only to world trade effect or growth in the size of world trade and market distribution effect or concentration of Indian wheat exports in the market, which are relatively growing. So far as, export competitiveness of Indian wheat is concerned, the analysis reveals that there is competitive disadvantage in the wheat exports as compared to rest of world.
Keywords
Trade Competitiveness, Indian Wheat, Nominal Protection Coefficient, Competitive Advantage
Full Text:
References
[1] Abler, D.G., & Sukhatme, V. (1996). Indian Agricultural Price Policy Revisited. The Economics of Agriculture, 2.
Essays on Agricultural Policy in Honor of D. Gale Johnson, eds. by J.M. Antle, and D.A. Sumner, Chicago: University of Chicago Press.
[2] Abler, D. G., & Sukhatme, V. (1998). The determinants of wheat and rice policies: A political economy model for India. Journal of Economic Development, 23(1), 195-215.
[3] Ahluwalia, M. S. (2002). Economic reforms in India since 1991: Has gradualism worked?. Journal of Economic perspectives, 16(3), 67-88.
[4] Ahmadi‐Esfahani, F. Z. (2006). Constant market shares analysis: uses, limitations and prospects. Australian Journal of Agricultural and Resource Economics, 50(4), 510-526.
[5] Bandhu, Y. (2009). Trade competitiveness, subsidies and barriers to trade: implication for Indian agriculture. UNCTAD (India) TRRCB Programme, University of Allahabad.
[6] Bhalla, G. S. (2004). Globalisation and Indian Agriculture. In: Krishna, K.L. and Kapila, U.(ed.). Readings in Indian Agriculture and Industry: New Delhi: Academic Foundation: 273-297.
[7] Gill, S. S., & Brar, J. S. (1996). Global Market and Competitiveness of Indian Agriculture: Some Issues. Economic and Political Weekly, 31(32), 2167-2177.
[8] Gulati, A., Hanson, J., & Pursell, G. (1990). Effective incentives in India‟s Agriculture, New Delhi: New Delhi Resident Mission and Country Economic Department, The World Bank (Policy Planning and Research Working Paper WPS 332).
[9] Gulati, A., & A. Sharma. (1997). Freeing Trade in Agriculture: Implications for Resource Use Efficiency and Cropping Pattern Changes. Economic and Political Weekly, 32(52), A155-A164. [10] Gulati, A., & Kelley, T. (1999). Trade liberalization and Indian agriculture: Cropping Pattern Changes and Efficiency Gains in Semi-Arid Tropics. New Delhi: Oxford University Press.
[11] Singh, K. (2011). Economic Reforms, WTO and India‟s Exports: An Analysis [PhD thesis]. Patiala: Punjabi University, Economics Department, Faculty of Social Sciences.
[12] Ichikawa, H. (1996). Constant-Market share analysis and open regionalism. The View of Economic and Technology Coopération in APEC. IDE APEC Study Center. Institute of Development Economies. Japan External Trade Organisatio Kaur, A. (2010). Competitiveness of India‟s Manufactured Exports [PhD thesis]. Amritsar: Guru Nanak Dev University, Economics and Business, Punjab School of Economics.
[13] Leelavathi, C., Reddy, V. K., & Naidu, V. B. (2014). An econometric analysis of agricultural trade in rice crop of Andhra Pradesh. Journal of International Academic Research for Multidisciplinary, 2(5), 597-608.
[14] Mohanty, S., Fang, C. & Chaudhary, J. (2002). Assessing the Competitiveness of Indian Cotton Production: A Policy Analysis Matrix Approach. Iowa: Iowa State University (Card Working paper 02-WP-301)
[15] Ohlan, R. (2008). WTO and India‟s Agriculture [PhD thesis]. Kurukshetra: Kurukshetra University, Department of Economics, Faculty of Social Sciences.
[16] Pursell, G., & Gupta, A. (1997). Trade Policies and Incentives in Indian Agriculture: Methodology, Background Statistics and Protection and Incentive Indicators, 1965-95. New Delhi: Policy Research Working Paper Series 1953, The World Bank (Background Paper No.1).
[17] Skriner, E. (2009). Competitiveness and specialisation of the Austrian export sector: A constant-market-shares analysis. Wien: Reihe Ökonomie/Economics Series, Institute für Höhere Studien (IHS)(Working Paper No. 235)
[18] Tyszynski, H. (1951). World Trade in Manufactured Commodities (1899 – 1950). The Manchester School of Economics and Social Studies, 33(3), 272-304.