ASEANi plus six and Successful FTAs: Can India propel intra-industry trade flows?

Das, Ram Upendra; Rishi, Meenakshi; Dubey, Jay Dev

doi:10.1353/jda.2016.0091

Cited by 2 publications

(1 citation statement)

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“…Panagariya (2018) argued that a bilateral deficit with China can get compensated by a trade surplus with another country and cheap imports are needed to boost the manufacturing sector in India. Similar arguments are proposed by Das et al (2016) who showed that greater intra-industry trade (IIT) with RCEP may be sustainable; by Ahmad et al (2018) who suggested a huge potential for Sino-Indian trade that could benefit both the countries despite China's dominance. Other studies argued that India may not gain much from RCEP, due to tight Intellectual property controls (Bhutani, 2017), lack of service trade liberalization in RCEP which is important for India (Chakraborty et al, 2019).…”

Section: Literature Reviewsupporting

confidence: 52%

Analysis of India’s Competitive Position in RCEP

Ray¹,

Deepika

Narayanan

2021

Vision: The Journal of Business Perspective

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In the context of policy developments surrounding India’s opting out of Regional Comprehensive Economic Partnership (RCEP) and India’s lack of ventures in plurilateral regional trade agreements (RTAs), we attempt to analyse the competitiveness and potential of Indian export items in the RCEP region. Our findings show low export intensity for India with RCEP member countries. Higher revealed comparative advantage (RCA) and duty reduction in partner countries may help India in enhancing exports of only a few commodities. India has high RCA in commodities, for which the tariffs by RCEP countries are already moderate. Considering India’s present trade balance position, tariff structure, non-tariff barriers (NTBs) of partner countries, intellectual property rights (IPR) and export competitiveness of Indian commodities, it appears to us that India had limited options but to opt out of RCEP. While the members of RCEP are still open to accepting India, more needs to be worked out on building competitiveness for Indian commodities and the future strategy for negotiations, if India considers itself to be a part of RCEP in the future. Given its limited participation in regional blocks, India should identify its core areas of interest in goods and services where it can enhance its competitiveness and attain better trade performance using strategic bilateral negotiations and possibly exploit imported inputs to promote higher value-added exports.

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Section: Literature Reviewsupporting

confidence: 52%

Analysis of India’s Competitive Position in RCEP

Ray¹,

Deepika

Narayanan

2021

Vision: The Journal of Business Perspective

View full text Add to dashboard Cite

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Neutralizing Concerns and Mapping the Trade Competitiveness and Potential of Indian Export with RCEP Countries

Jain

2023

Vision: The Journal of Business Perspective

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Much debate has surrounded India’s lack of interest in plurilateral regional trade agreements (RTAs) and its decision to opt out of the regional comprehensive economic partnership (RCEP). Against this backdrop, the article attempt to analyse the competitiveness and potential of Indian export items in the RCEP region. The revealed comparative advantage (RCA) index has been employed to study India’s trade competitiveness among RCEP nations between 2010 and 2019 using the WITS (World Integrated Trade Solutions) 2021 database. The study found that India has a comparative advantage in more than 9 product categories out of 16 studied in the article. The article also revealed India’s competitiveness in intermediate goods with the majority of RCEP countries. The analysis found a trade complementarity between India and the RCEP countries and the possibility of increased economic cooperation. The problem lies in the utilization rate and weak export competitiveness of Indian industries. Before signing a new FTA, it is imperative to improve the export competitiveness of Indian enterprises. Given India’s current trade balance, tariff structure and export competitiveness of Indian commodities, we believe India had little option but to withdraw from the RCEP.

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ASEANi plus six and Successful FTAs: Can India propel intra-industry trade flows?

Cited by 2 publications

References 34 publications

Analysis of India’s Competitive Position in RCEP

Analysis of India’s Competitive Position in RCEP

Neutralizing Concerns and Mapping the Trade Competitiveness and Potential of Indian Export with RCEP Countries

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