A Comparative Analysis of China's and India's Recent Export Performances
The implication of this study is that India's reform measures need to be bolstered effectively to catch up and to overtake China.
Asian Economic Papers
Winter 2008, Vol. 7, No. 1, Pages 1-28
Posted Online February 14, 2008.
(doi:10.1162/asep.2008.7.1.1)
A Comparative Analysis of China's and India's Recent Export Performances*
Kaliappa Kalirajan
Foundation for Advanced Studies on International Development and National Graduate Institute for Policy Studies, 7-22-1 Roppongi, Minato-ku, Tokyo 106-8677, Japan, kpkalirajan@yahoo.com
Kanhaiya Singh
National Council of Applied Economic Research, Parisila Bhawan, 11, Indraprastha Estate, New Delhi 110 002, India
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.
This paper is available for free download. To read this paper, please click on the link below:
Media Contact
More Information:
http://www.mitpressjournals.org/doi/abs/10.1162/asep.2008.7.1.1All latest news from the category: Studies and Analyses
innovations-report maintains a wealth of in-depth studies and analyses from a variety of subject areas including business and finance, medicine and pharmacology, ecology and the environment, energy, communications and media, transportation, work, family and leisure.
Newest articles
New theory reveals the shape of a single photon
A new theory, that explains how light and matter interact at the quantum level has enabled researchers to define for the first time the precise shape of a single photon….
Perovskite research boosts solar cell efficiency and product life
An international team led by the University of Surrey with Imperial College London have identified a strategy to improve both the performance and stability for solar cells made out of…
Neuroscientists discover how the brain slows anxious breathing
Salk scientists identify brain circuit used to consciously slow breathing and confirm this reduces anxiety and negative emotions. Deep breath in, slow breath out… Isn’t it odd that we can…