International Journal of Social Science & Economic Research
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Title:
ANALYSIS OF INDIA'S PRINCIPAL COMMODITIES OF EXPORTS: SOME OBSERVATIONS

Authors:
Dr. K. Shanmugan

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Dr. K. Shanmugan
Associate Professor, Department of Business Economics, Faculty of Commerce, The Maharaja Sayajirao University of Baroda, Vadodara, Gujarat.

MLA 8
Shanmugan, Dr. K. "ANALYSIS OF INDIA'S PRINCIPAL COMMODITIES OF EXPORTS: SOME OBSERVATIONS." Int. j. of Social Science and Economic Research, vol. 3, no. 10, Oct. 2018, pp. 5528-5544, ijsser.org/more2018.php?id=386. Accessed Oct. 2018.
APA
Shanmugan, D. (2018, October). ANALYSIS OF INDIA'S PRINCIPAL COMMODITIES OF EXPORTS: SOME OBSERVATIONS. Int. j. of Social Science and Economic Research, 3(10), 5528-5544. Retrieved from ijsser.org/more2018.php?id=386
Chicago
Shanmugan, Dr. K. "ANALYSIS OF INDIA'S PRINCIPAL COMMODITIES OF EXPORTS: SOME OBSERVATIONS." Int. j. of Social Science and Economic Research 3, no. 10 (October 2018), 5528-5544. Accessed October, 2018. ijsser.org/more2018.php?id=386.

References
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[3]. Dawe, D. (1996). A new look at the effects of export instability on investment and growth. World Development, 24(12), 1905-1914.
[4]. Feder, G. (1982). On Exports and Economic Growth. Journal of Development Economics, 12 (1), 59-73.
[5]. Ghatak S., Utkulu U. (1996). Trade Liberalisation and Economic Development: The Asian Experience - Turkey, Malaysia and India. In: Balasubramanyam V.N., Greenaway D. (eds), Trade and Development. Palgrave Macmillan, London.
[6]. Joshi, V. & Little, I. M. D. (1994), India: Macroeconomics and Political Economy, 1964- 1991, ed. 1, World Bank.
[7]. Macbean, A. (Ed.). (1966). Export Instability and Economic Development. London: Routledge.
[8]. Nayyar, D. (2017). Economic Liberalisation in India: Then and Now. Economic and Political Weekly, 52 (2), 41-48.

Abstract:
Exports do indicate the comparative and competitive advantages of a country and in some exceptional cases they also imply the most superior dominance in the level playing ground of international competitiveness. India has been promoting its exports essentially for foreign exchange earnings, expansion in the industrial activities, reaping the benefits of markets, increasing the degree of investment by reallocation of resources, promoting infrastructural investments through export earnings, pushing the growth process, etc. This study has chosen the sample period from 1991-92 up to 2016-17 and, for the purpose of comparison and also to understand some structural shift, the study period is classified into various sub-periods as 1991- 92 to 1997-98, 1998-99 to 2004-05, 2005-06 to 2011-12 and 2012-13 to 2016-17. It was found that Agriculture sector has wide scope for exports but disappointingly our analysis suggests that the performance of agriculture exports is not satisfactory. This cannot be misread. Decline in agriculture exports for some of the year can be partly attributed to domestic demand for agro products and price disadvantage in the international market. Export of marine and dairy products could be another big area of advantage. Indian fishery products have an enormous scope to expand its production and also the market opportunities but logistics and transportation seem to be the impediments. This issue can be solved by proper trans-national logistic networks and proper processing of final products. Some of the items need to be improved in terms of its percentage share in total exports while making proper policies for consistent growth.