Interpreting Trade Statistics in Regulated and Deregulated Markets - An Analytical Exercise Based on Indian Experience

Amit K. Biswas and Sugata Marjit

No 331070, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: Trade statistics reported through the official sources may not provide the right information because a regulated system does not induce truthful revelation. Hence, policy prescriptions or evaluations based on official statistics can be misleading. We adopt the well-known methodology of utilising partner country statistics to reflect on the consequences of devaluations of Indian rupee in 1960s and 1990s on exports, imports and Balance of Trade. First tractable analytical results are developed and then attempts are made to match them with the empirical evidence.

Keywords: International Relations/Trade; International Development (search for similar items in EconPapers)
Pages: 23
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331070

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