The Changing Pattern of Foreign Trade Specialization in Indian Manufacturing
Posted: 25 Jun 2008
This paper examines the pattern of international trade specialization in Indian manufacturing since the mid-1980s by using data on trade flows. Low-technology sectors still dominate the categories for which India exhibits the largest degree of trade specialization. By contrast, high-technology sectors are prevalent among the categories for which India is import-dependent. Significantly, India has experienced an improvement in the degree of specialization in some of the most dynamic sectors of world trade.
Keywords: India, trade specialization, manufacturing, Lafay index
JEL Classification: F14, O14, O24, O53
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