India's Trade Linkage with Asean: An Econometric Study

Sarkar, Amal

doi:10.1177/0015732515090102

Cited by 2 publications

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References 11 publications

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“…There exist a lot of studies on Indo-ASEAN economic relations (Ambatkar 2000, Asher et al 2005, Baru 2001, Cheow 2005, Kumar 2005, Kumar et al 2006 andVishwanathan 2008). However till now, very few modelling exercises have been done for analyzing the trade flows between India and ASEAN (Sarkar 2009). Section II highlights the major commodities in India's export basket to ASEAN while the theoretical framework of the model has been analyzed in Section III.…”

Section: Introductionmentioning

confidence: 99%

Price Competitiveness of India's Exports to Asean

Sarkar¹

2010

Foreign Trade Review

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India emphasized the look east policy since early nineties. As a part of its export promotion strategy, it is essential to know the key determinants of export of these products to ASEAN. In this direction, the present paper has made an attempt to find the main determinants of India's exports of the major commodity groups to ASEAN. The top ten commodity groups, which have been found in this study, are gems & jewellery, machinery & instruments, dyes & intermediates, primary & semi-finished iron & steel, oil meal, drugs/pharmaceuticals & fine chemicals, transport equipment, electronic goods, inorganic/organic/agro-based chemicals, and manufactures of metals in recent years. Among these items, gems & jewellery, machinery & instruments, dyes & intermediates and transport equipment have registered higher growth in last five years. To explore the determinants, an export demand function has been formulated at the commodity level. As regards to results, it has performed very well in terms of sign and significance of the explanatory variables. It can be said that all the commodities under study, except oil-meal, are not only price competitive in the ASEAN market but also very much elastic in demand. These elasticities are indicative of the fact that real devaluation of Indian rupee against dollar has high impact on India's export of these products to ASEAN market. Further, economic growth in ASEAN region would also be helpful for expanding India's exports of these products to that region. This study reveals valuable insight for policymakers in formulating either a commercial or exchange rate policy.

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Section: Introductionmentioning

confidence: 99%

Price Competitiveness of India's Exports to Asean

Sarkar¹

2010

Foreign Trade Review

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Effect of Trade and Industrialisation on Environmental Sustainability: The Case of African Countries

Edeme,

Israel,

Emeka

et al. 2024

Foreign Trade Review

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This study explores the effect of trade and industrialisation on environmental sustainability in Africa. To achieve the study objective, the pooled mean group estimation strategy was employed on data from 1990 to 2019 for 38 selected African countries. Findings are indicative that trade has a negative and significant effect on ecological footprint in the long run. It is iemplied that trade enhancement has the tendency to enhance environmental sustainability in African countries. In addition, industrialisation has a positive and significant effect on ecological footprint. Implied is that industrialisation dampens environmental sustainability in African countries. Similarly, foreign direct investment inflows into African countries exert a positive but insignificant effect on ecological footprint. The result further depicts that economic growth positively and significantly impacts ecological footprints in African countries. Also, renewable energy consumption has a negative and significant effects on ecological footprint, suggesting that the adoption of renewable energy plays a crucial role in enhancing environmental sustainability in African countries. The short-run result reveals no significant relationship between trade, industrialisation, foreign direct investment and ecological footprints. Population growth has a positive effect on ecological footprint, albeit not a statistically significant effect. Furthermore, the result depicts that renewable energy consumption has a negative and significant effect on ecological footprints in African countries. On the strength of the findings, we recommend the stimulation of domestic trade and the strengthening of industrial policies to ensure environmental sustainability in African countries. JEL Codes: C33, F14, F18, R11

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India's Trade Linkage with Asean: An Econometric Study

Cited by 2 publications

References 11 publications

Price Competitiveness of India's Exports to Asean

Price Competitiveness of India's Exports to Asean

Effect of Trade and Industrialisation on Environmental Sustainability: The Case of African Countries

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