Exports of Services: Indian Experience in Perspective

Barry Eichengreen and Poonam Gupta

Working Papers from National Institute of Public Finance and Policy

Abstract: We survey India's experience with exporting services. We show that the country's experience is unique in that modern tradable services are a significantly larger share of GDP than in other countries at comparable levels of economic development. This has not always been the case, however; India's out-performance is limited to recent years. Policy initiatives, from trade reform to liberalization of domestic industrial and service sectors, were important for jump-starting the process. Panel and country-specific regressions for a cross section of countries point to the importance of a range of additional factors: overall economic development, communications infrastructure, access to foreign technology, and spillovers between the merchandise and service exports. Importantly, however, these factors, jointly or individually, do not wipe out the significance of a dummy variable for India. India, evidently, is a significant outlier as an exporter of services, and even more so as the period proceeds.

Pages: 32
Date: 2012-03
New Economics Papers: this item is included in nep-his
Note: Working Paper 102, 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.nipfp.org.in/newweb/sites/default/files/wp_2012_102.pdf (application/pdf)

Related works:
Journal Article: Exports of services: Indian experience in perspective (2013)
Working Paper: Exports of Services: Indian Experience in Perspective (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:npf:wpaper:12/102

Access Statistics for this paper

More papers in Working Papers from National Institute of Public Finance and Policy
Bibliographic data for series maintained by S.Siva Chidambaram (siva.chidambaram@nipfp.org.in this e-mail address is bad, please contact repec@repec.org).