Export Specialization of India with Top Five Agricultural Economies: An Application of RCA and RSCA
Tawheed Nabi1, Tushinder Preet Kaur2
1Dr.Tawheed Nabi, Mittal School of Business, Lovely Professional University, Phagwara, India.
2Dr. Tushinder Preet Kaur, Mittal School of Business, Lovely Professional University, Phagwara, India.
Manuscript received on September 16, 2019. | Revised Manuscript received on 24 September, 2019. | Manuscript published on October 10, 2019. | PP: 4705-4708 | Volume-8 Issue-12, October 2019. | Retrieval Number: L3586081219/2019©BEIESP | DOI: 10.35940/ijitee.L3586.1081219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The paper attempts to determine Revealed Comparative Advantage (RCA) and Revealed Symmetric Comparative Advantage (RSCA) of Indian agriculture sector with respect to top five agriculture exporting countries viz; USA, UK, UAE, Singapore and China. The study evaluates the structure of comparative advantage from 1995-2017. Data as per the Standard International Trade Classification (SITC-1) is used to compute RCA and RSCA index. The indices reveals the comparative advantage in case of majority of commodities like fish, fish preparations, fruits, vegetables, sugar, sugar preparations, miscellaneous food products, wood, lumber and cork. Increasing world demand for exports trailed by the competitiveness of Indian exports has played an important role in export performance..
Keywords: RCA, RSCA, Export Performance, SITC, Exports, Competitiveness
Scope of the Article: Agricultural Informatics and Communication