Export Competitiveness of India’s Textiles and Clothing Sector in the United States
Misu Kim
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Misu Kim: Institute of Indian Studies, Hankuk University of Foreign Studies, 107, Imun-ro, Dongdaemun-gu, Seoul 02450, Korea
Economies, 2019, vol. 7, issue 2, 1-17
Abstract:
We analyzed India’s export competitiveness in the textiles and clothing (T&C) sector in the United States. The T&C industry is traditionally important for the Indian economy due to its significant contribution to export, employment, and industrial production. However, the competition in the global T&C market intensified after the Multi-Fiber Arrangement phase-out in 2005. Therefore, it is necessary to examine the export competitiveness of India’s T&C sector in the U.S., India’s largest export destination and one of the world’s largest consumers of T&C. In this study, we calculated the comparative advantage of India’s T&C based on Revealed Comparative Advantage (RCA), Market Comparative Advantage (MCA), and Comparative Advantage by Countries (CAC). Our analysis shows that India had a comparative advantage in the T&C sector in the U.S. from 1991 to 2017, despite intensified competition in the global market.
Keywords: comparative advantage; export; competitiveness; textiles and clothing industry; India; limited liberalization (search for similar items in EconPapers)
JEL-codes: E F I J O Q (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jecomi:v:7:y:2019:i:2:p:47-:d:232213
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