A Comparative Analysis of China's and India's Recent Export Performances

Kaliappa Kalirajan () and Kanhaiya Singh
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Kanhaiya Singh: National Council of Applied Economic Research, Parisila Bhawan, 11, Indraprastha Estate, New Delhi 110 002, India

Asian Economic Papers, 2008, vol. 7, issue 1, pages 1-28

Abstract: Drawing on the convergence theory, one would expect that the export performance of India (a latecomer to integrating with the global economy) would be at least on par with that of China because China's performance has happened as predicted by the theory. This study, using performance measures based on the endogenous growth theory that internalizes the ability to export the maximum possible exports under the determinants of exports including the existing behind the border and beyond the border constraints, shows that India's export performance is still far behind that of China. The implication of this study is that India's reform measures need to be bolstered effectively to catch up and to overtake China. (c) 2008 The Earth Institute at Columbia University and the Massachusetts Institute of Technology.

Date: 2008

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