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2023 | OriginalPaper | Chapter

25. The Performance of India’s Merchandise Exports: An Analytical Perspective

Author : Pushpa Trivedi

Published in: India’s Contemporary Macroeconomic Themes

Publisher: Springer Nature Singapore

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Abstract

India’s external sector recovered magnificently from the crisis of 1991, after economic reforms were put in place. However, of late, the health of India’s external sector raises some concerns. In this paper, we focus on the performance of India’s merchandise exports. The assessment of export performance is done in the context of (i) price competitiveness of India’s exports; (ii) level of economic activity in the rest of the world; (iii) composition and diversification of exports; (iv) import intensity and technology embedded in exports; and, (vi) direction of exports. The econometric analysis dealing with the determinants of exports uses quarterly data for the period 1996-97Q1 to 2021-22Q4, as the quarterly GDP data for India for the period prior to this are not available. The paper uses the time-series analysis: Unit Root Tests, Cointegration, and Vector Error Correction methods in the econometric analysis.

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Appendix
Available only for authorised users
Footnotes
1
See World Development Indicators, World Bank.
 
2
Source: Handbook of Statistics of the Indian Economy, Reserve Bank of India.
 
4
Source: Ministry of Statistics and Planning, Government of India.
 
Literature
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Metadata
Title
The Performance of India’s Merchandise Exports: An Analytical Perspective
Author
Pushpa Trivedi
Copyright Year
2023
Publisher
Springer Nature Singapore
DOI
https://doi.org/10.1007/978-981-99-5728-6_25