The dynamics of India – ASEAN trade with special reference to manufactured exports and their technological composition

India’s trade with Southeast Asia received a significant impetus in the early 1990s, with the launching of Look East Policy, after which the partners have been trading intensively and extensively. The study at hand examines the trend and composition of trade from 1992 to 2019, wherein the compositio...

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Main Authors: Nikhat KHALID, Saba ISMAIL
Format: Article
Language:English
Published: General Association of Economists from Romania 2022-03-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1586.pdf
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author Nikhat KHALID
Saba ISMAIL
author_facet Nikhat KHALID
Saba ISMAIL
author_sort Nikhat KHALID
collection DOAJ
description India’s trade with Southeast Asia received a significant impetus in the early 1990s, with the launching of Look East Policy, after which the partners have been trading intensively and extensively. The study at hand examines the trend and composition of trade from 1992 to 2019, wherein the composition at both, aggregate and disaggregate level at 1, 2 and 3 digit SITC classification has been studied. The study further lays emphasis on technological composition and sophistication in bilateral trade, wherein trade has been studied in terms of the category of technology at the aggregate and disaggregated embodied technology level. The percentage growth in trade between India and ASEAN is found to be promising; with a two digit growth in export and import from 1992 to 2019. Results elucidate a statistically intense trade relationship between the partners, with export and import intensity indices persistently > 1. India’s exports to ASEAN are found to be highly concentrated in the resource based category, while ASEAN’s exports to India are a lot more diversified, having significant exports from the resource-based, high-technology, and medium-technology categories.
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spelling doaj.art-17a1f91f5b46417cb05a9de3f0476abb2022-12-21T21:10:32ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292022-03-01XXIX116117218418678The dynamics of India – ASEAN trade with special reference to manufactured exports and their technological compositionNikhat KHALID0Saba ISMAIL1 Jamia Millia Islamia, New Delhi, India Jamia Millia Islamia, New Delhi, India India’s trade with Southeast Asia received a significant impetus in the early 1990s, with the launching of Look East Policy, after which the partners have been trading intensively and extensively. The study at hand examines the trend and composition of trade from 1992 to 2019, wherein the composition at both, aggregate and disaggregate level at 1, 2 and 3 digit SITC classification has been studied. The study further lays emphasis on technological composition and sophistication in bilateral trade, wherein trade has been studied in terms of the category of technology at the aggregate and disaggregated embodied technology level. The percentage growth in trade between India and ASEAN is found to be promising; with a two digit growth in export and import from 1992 to 2019. Results elucidate a statistically intense trade relationship between the partners, with export and import intensity indices persistently > 1. India’s exports to ASEAN are found to be highly concentrated in the resource based category, while ASEAN’s exports to India are a lot more diversified, having significant exports from the resource-based, high-technology, and medium-technology categories. http://store.ectap.ro/articole/1586.pdf aseanlook east policyforeign trademanufactured export
spellingShingle Nikhat KHALID
Saba ISMAIL
The dynamics of India – ASEAN trade with special reference to manufactured exports and their technological composition
Theoretical and Applied Economics
asean
look east policy
foreign trade
manufactured export
title The dynamics of India – ASEAN trade with special reference to manufactured exports and their technological composition
title_full The dynamics of India – ASEAN trade with special reference to manufactured exports and their technological composition
title_fullStr The dynamics of India – ASEAN trade with special reference to manufactured exports and their technological composition
title_full_unstemmed The dynamics of India – ASEAN trade with special reference to manufactured exports and their technological composition
title_short The dynamics of India – ASEAN trade with special reference to manufactured exports and their technological composition
title_sort dynamics of india asean trade with special reference to manufactured exports and their technological composition
topic asean
look east policy
foreign trade
manufactured export
url http://store.ectap.ro/articole/1586.pdf
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