Climbing up India’s Manufacturing Export Ladder: How Competitive are Intermediate Goods?
Deb Kusum Das and
Neha Gupta ()
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Deb Kusum Das: Indian Council for Research on International Economic Relations (ICRIER)
Neha Gupta: Indian Council for Research on International Economic Relations (ICRIER)
Indian Council for Research on International Economic Relations (ICRIER) Working Paper from Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India
Abstract:
The rising trade in intermediate goods accounts for almost two-thirds of world's trade (MGI, 2019). India's export share for intermediate goods in its total exports has increased from 31.18% in 2011 to 32.52% in 2016. Moreover, India's overall share in world merchandise exports has itself increased from 0.6% in 1993 to 0.8% in 2003 to 1.7% in 2016 (WTO, 2017), which endorse immense potentials for moving up manufacturing export ladder. So far, literature has widely studied the usefulness of imported inputs that feed into manufacturing exports, but focus is required for assessing the capacity as intermediate exporter. Recent ‘Make in India' initiative boosts of making India competitive in exporting of manufactured products.
Keywords: Intermediate Inputs; Potential Export Markets; Competitiveness; Unit Costs; Product-market Combinations (search for similar items in EconPapers)
Pages: 41 page
Date: 2019-04
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