A study on India s trade relationship with SAARC countries

Vadra, Ratna

doi:10.1504/ijicbm.2012.044016

Cited by 2 publications

(2 citation statements)

References 24 publications

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“…Its self-interest, broader objectives of regionalism, the continuous effort of maintaining political stability, and techno diplomacy have shown its interest and involvement towards regionalism (Yhome & Maini, 2017). As India’s outlook towards geographical strong proximity under SAARC, SAARC Preferential Trading Agreement and South Asian Free Trade Area have shown its dominance and improvement in terms of trade with improving the intensity and IIT with partner countries (Jain, 2019; Vadra, 2012). Then, India-ASEAN FTA has shown that it has partially benefited the country due to its resource allocation whereas an increase in imports of intermediate goods has turned the terms of trade negative.…”

Section: Review Of Literaturementioning

confidence: 99%

Growth and Potential of Intra-Industry Trade of India in Agriculture among the BIMSTEC Nations

Bhardwaj

Mahapatra

Dutta

et al. 2023

The Indian Economic Journal

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The unification and development of crawling Asian countries is the burning issue after the declaration of failure of the SAARC (South Asian Association for Regional Cooperation) region. Besides, a small bubble in the ocean of agreements is ‘BIMSTEC’ (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation), which has not been flourishing to date due to the lack of interest of a dominating country like India, whose focus is on other successful regional blocs. However, recent studies have shown that though it starts late but contributing significantly towards the trade among BIMSTEC countries. And, second, almost all the countries have shared similar cultures, languages and levels of per-capita income except Myanmar and Thailand, which will favour the trade among the region. Thus, the main focus of the study is to analyse the revealed comparative advantage of countries in BIMSTEC, their trade competitiveness and contribution made to the country’s growth before and after formation by the region. Under the study, it was observed that the intra-industry trades of India in Agriculture among the BIMSTEC nations have shown very less potential for trade in all 24 agriculture chapters. Thus, economies need to reframe the policies as required and identify the potential products in agricultural-related goods that can significantly improve the trade balance of the countries. JEL Codes: F14, F15, F19, F53

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Section: Review Of Literaturementioning

confidence: 99%

Growth and Potential of Intra-Industry Trade of India in Agriculture among the BIMSTEC Nations

Bhardwaj

Mahapatra

Dutta

et al. 2023

The Indian Economic Journal

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“…Young, Higgins and Levy (2007) have used US country-level data to analyze evidence of beta convergence in the US. Vadra (2012) has studied India’s trade relationship with SAARC countries. The study revealed enormous opportunities of economic integration among SAARC countries.…”

Section: Introductionmentioning

confidence: 99%

Testing Sigma and Unconditional Beta Convergence of GDP for SAARC Countries: Can Inclusion of China further Consolidate the Convergence?

Dey

Neogi

2015

Global Business Review

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The feasibility of economic integration for the South Asian Association for Regional Cooperation (SAARC) (7) and also the possibility of having a greater economic integration including China with South Asian countries have been examined in this article by testing for convergence of gross domestic product (GDP) per capita using sigma and unconditional beta convergence for the period 1970–2011. Empirical results show the convergence of GDP per capita for the specific time period. The formation of economic cooperation among SAARC (7) has accelerated the rate of convergence of GDP per capita. The possibility of a greater economic cooperation has been considered in this article. The article also outlines the proposition whether beta convergence is necessary and sufficient for sigma convergence or not.

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A study on India s trade relationship with SAARC countries

Cited by 2 publications

References 24 publications

Growth and Potential of Intra-Industry Trade of India in Agriculture among the BIMSTEC Nations

Growth and Potential of Intra-Industry Trade of India in Agriculture among the BIMSTEC Nations

Testing Sigma and Unconditional Beta Convergence of GDP for SAARC Countries: Can Inclusion of China further Consolidate the Convergence?

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