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  • 标题:Trade Prospective of India against BRCS Economies: An Empirical Evaluation Based on RCA and RID Approaches
  • 本地全文:下载
  • 作者:Nassir Ul Haq Wani ; Nassir Ul Haq Wani ; Jasdeep Kaur Dhami
  • 期刊名称:American Journal of Economics
  • 印刷版ISSN:2166-4951
  • 电子版ISSN:2166-496X
  • 出版年度:2018
  • 卷号:8
  • 期号:1
  • 页码:31-46
  • DOI:10.5923/j.economics.20180801.06
  • 语种:English
  • 出版社:Scientific & Academic Publishing Co.
  • 摘要:In order to capture the possibilities and limits of meaningful alliances among emerging economies, this article sheds light on the prospective of trade of India against BRCS economies by employing Revealed Comparative Advantage (RCA) and Revealed Import Dependence (RID). The study period is covering 22 years from 1995-2016. The individual RCA and RID values have been calculated for the selected 64 commodities by using Leamer’s classification against BRCS economies. Although, the structure of Indo-BRCS trade relation present a changing environ as with each economy the basket of tradable commodities varies like. Using revealed comparative analysis, statistical analysis, and historical analysis and based on the data of BRICS foreign trade, some problems, as well as the achievements of the BRICS in its foreign trade, have come into limelight. The results show that considerable latency exists on the individual country basis. Apart from the existing level of trade, India also needs to focus on trade from emerging countries that are liberalizing their markets for economic growth, which could form the important avenue for its exports.
  • 关键词:BRICS; Trade; RCA and RID
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