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Has India achieved its potential in merchandise exports?
Journal of the Asia Pacific Economy ( IF 1.325 ) Pub Date : 2021-06-28 , DOI: 10.1080/13547860.2021.1915546
Raghuvir Kelkar 1 , Kaliappa Kalirajan 2
Affiliation  

Abstract

Recently Varghese (2018 Varghese, P. 2018. “An Indian Economic Strategy to 2035: Report to the Australian Government Department of Foreign Affairs and Trade.” Department of Foreign Affairs and Trade-Government of Australia. Accessed August 12, 2020. https://www.dfat.gov.au/geo/india/ies/overview.html [Google Scholar]), in his report to the Department of Foreign Affairs and Trade of the Commonwealth of Australia, remarked that till 2035 India will be in the list of top three economies and will be in Asia’s top three trading partners for Australia. In this context, the research questions addressed in this paper are: What is the current efficiency level of India in exporting its merchandises; What constraints does India have to overcome to improve its export efficiency; and Has the governance structure of the ‘majority government’ played an effective role in rigorous opening up to improve its export efficiency. The empirical analysis covering the period 2001 to 2019 indicates that on average India’s export efficiency with its trading partners worked out to be about 80%. The empirical analysis has identified human capital, physical capital, and ‘majority government’ as important factors contributing to improvement in India’s export efficiency.



中文翻译:

印度在商品出口方面是否发挥了潜力?

摘要

最近 Varghese ( 2018 Varghese, P. 2018 年。“到 2035 年的印度经济战略:提交给澳大利亚政府外交和贸易部的报告。” 澳大利亚外交和贸易政府部。2020 年 8 月 12 日访问。https://www.dfat.gov.au/geo/india/ies/overview.html [谷歌学术]) 在提交给澳大利亚联邦外交和贸易部的报告中表示,到 2035 年,印度将跻身前三大经济体之列,并将成为澳大利亚在亚洲的前三大贸易伙伴。在此背景下,本文的研究问题是:印度目前出口商品的效率水平如何?印度需要克服哪些限制来提高出口效率?“多数政府”的治理结构是否在严格开放以提高出口效率方面发挥了有效作用。涵盖 2001 年至 2019 年期间的实证分析表明,印度与其贸易伙伴的平均出口效率约为 80%。实证分析确定了人力资本、物质资本、

更新日期:2021-06-28
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