The WTO Trade Policy Review of India, 1998

Panagariya, Arvind

doi:10.1111/1467-9701.00233

Cited by 16 publications

(7 citation statements)

References 2 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Among the wide-range structural reforms, the New Trade Policy (1991) removed restrictions on the import of almost all consumer goods, promoted exports by reducing the import duty of capital goods and subsequently the average tariff rate was reduced from 125 per cent in 1991 to 50 per cent in 1995, among others. In 1990-1991, the highest tariff rate in India stood at a staggeringly high 355 per cent (Panagariya, 1999). For a more detailed discussion, see Joshi and Little (1996).…”

Section: Appendix Amentioning

confidence: 99%

Country-Specific Determinants of Intra-Industry Trade in India

Bagchi

Bhattacharyya

2019

Foreign Trade Review

View full text Add to dashboard Cite

A distinctive feature of India’s trade liberalization has been a significant rise in the magnitude of intra-industry trade (IIT). India’s total IIT is substantially large with high and upper-middle-income group countries and dominated by low vertical IIT. Particularly during the second phase of economic reforms, magnitude of India’s vertical IIT with high-income group of countries had increased; while there had been a marginal decline in horizontal IIT. This article identifies some of the determinants of India’s total IIT as well as vertical and horizontal IIT with her major trading partners from 1990 to 2014. The convergence in the level of economic development between India and her trading partner(s) positively influences total IIT and its two broad forms. Similarity in relative factor endowments and regional trade agreement through South Asian Free Trade Area (SAFTA) is found to promote horizontal IIT. Having a large market size, the distortionary impact of tariff has not been able to dampen the magnitude of India’s IIT. Relative depreciation of trading partner’s real exchange rate enhances India’s imports and inhibits the growth of total and vertical IIT. Geographical distance adversely affects all forms of IIT. JEL Codes: C23, F14

show abstract

Section: Appendix Amentioning

confidence: 99%

Country-Specific Determinants of Intra-Industry Trade in India

Bagchi

Bhattacharyya

2019

Foreign Trade Review

View full text Add to dashboard Cite

show abstract

“…First, it is undoubtedly one of the countries in the world with the highest trade barriers. Indeed, in his review of the World Trade Organization's Trade Policy Review of India in 1998, Panagariya (1999) warned that "a reader unfamiliar with India's past is bound to wonder how a trade-policy regime such as the one about to be described can be characterized as having undergone serious reforms". 8 The average tariff was around 35 percent in 1997-1998.…”

Section: I ' T Pmentioning

confidence: 99%

Las tarifas endógenas en un modelo de agencia común: Un nuevo enfoque empírico aplicado a la India

Cadot¹,

Dutoit

Grether

et al. 2013

REyE

View full text Add to dashboard Cite

En este trabajo se propone un nuevo método para testear el modelo de Grossman-Helpman sobre protección endógena y la formación de grupos de interés (lobbies), que no requiere de datos respecto a la formación de los grupos de interés o de sus contribuciones. Identifica a las industrias políticamente organizadas a partir de datos de producción y comercio que son de acceso común, así como las estimaciones de los parámetros estructurales del modelo. Aplicado a la India, produce resultados que son cualitativamente consistentes con las predicciones del modelo, y que parecen cuantitativamente más plausibles que las estimaciones para los EE.UU obtenidas por métodos alternativos. Nuestras estimaciones implican que la importancia que el gobierno de la India asigna a las contribuciones de los sectores políticamente organizados es una tercera parte de la importancia que le asigna al bienestar social (bruto), muy por encima de las estimaciones existentes para los Estados Unidos.

show abstract

“…From 1991 onwards, licensing was abolished for most industries, quantitative restrictions were removed for a number of capital and intermediate goods imports and foreign direct investment was partially liberalised while a reduction in tariffs was phased in (see Balasubramanyam, 2003). This year also saw the beginning of a currency realignment which led to the unification of dual exchange rates in 1993 and the establishment of current account convertibility in 1994 (Panagariya, 1999; Jha, 2000; Balasubramanyam, 2003). Against the background of these reforms, India is classed as an open economy in Sachs and Warner (1995) from 1994 onwards and further reforms have taken place since.…”

Section: India's Economic Reforms: a Brief Overviewmentioning

confidence: 99%

The Gendered Burden of Liberalisation: The Impact of India's Economic Reforms on Its Female Agricultural Labour

Garikipati¹,

Pfaffenzeller²

2010

J of Intl Development

View full text Add to dashboard Cite

India has experienced unprecedented growth in the last two decades-a development largely attributed to economic reforms initiated in the early 1990s. India's approach to liberalisation has been commended for its gradual implementation and its sympathy for poor rural workers. Studies examining the relevance of this claim generally use national survey data, which are seriously limited. So far little effort has been focussed on understanding what reforms actually mean for the rural poor using primary data. In this paper, we use data from a household survey carried out in the villages of Andhra Pradesh. We ask what impact India's reforms have had on its female agricultural labour-who are arguably among its poorest. Specifically, we investigate the impact of three developments considered fundamental to India's economic transformation: a sectoral shift in favour of industry, credit market reforms and poverty alleviation strategies. We argue that despite having a beneficial impact overall, economic reforms have resulted in further marginalising rural women into badly paid and socially debasing waged work.

show abstract

The WTO Trade Policy Review of India, 1998

Cited by 16 publications

References 2 publications

Country-Specific Determinants of Intra-Industry Trade in India

Country-Specific Determinants of Intra-Industry Trade in India

Las tarifas endógenas en un modelo de agencia común: Un nuevo enfoque empírico aplicado a la India

The Gendered Burden of Liberalisation: The Impact of India's Economic Reforms on Its Female Agricultural Labour

Contact Info

Product

Resources

About