India's Comparative Advantage in Farm Trade In The Emerging Trade Order
28 Pages Posted: 26 Feb 2016
Date Written: February 26, 2006
The current study analyzes the competitiveness of Indian agriculture in the context of the WTO regime. The efficiency indicators in the context of exportable hypothesis indicate that in the emerging liberalized farm trade order India’s export competitiveness is much better in commercial crops. The results of present study reflect that, at the margin, resources are more efficiently utilized in the cultivation of gram and rapeseed/mustard than in the cultivation of wheat at current levels of technologies and prices, and India has vast export potential if Agreement on Agriculture (AOA) able to remove developed countries trade barriers and to withdraw domestic support to their agriculture. To generate adequate exportable surplus, India must maintain and enhance its production efficiency. The technology upgradation and infrastructure development are key domestic measures for enhancing competitiveness of Indian agriculture.
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