India's Trade Competitiveness and Exchange Rate Policy

Bhatt, P.R.

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dc.contributor.author	Bhatt, P.R.
dc.date.accessioned	2015-04-10T09:24:19Z
dc.date.available	2015-04-10T09:24:19Z
dc.date.issued	2008
dc.identifier.uri	http://hdl.handle.net/2259/314
dc.description	The Journal of Applied Economic Research 2 : 3 (2008) : 247–264 SAGE Publications Los Angeles/London/New Delhi/Singapor e DOI: 10.1177/097380100800200302	en_US
dc.description.abstract	There is a general view that the export performance of India is unsatisfactory because of its low competitiveness, but no systematic attempt has been made to validate this view. India needs a 12 per cent compound annual growth rate for exports during 2002–07 to reach 1 per cent of world exports of USS 80 .5 trillion. The Indian government has made serious efforts to reform trade policies to make exports more competitive globally. An attempt has been made in this article to measure India's trade competitiveness and examine the role of the exchange rate policy in trade competitiveness . The results indicate that when nominal and real exchange rates appreciate, export price competitiveness (Relative Export Price [REP]) improves, but the competitiveness ofprofitability (Relative Profitability of Exports and Profitability of Exports Index) deteriorates.	en_US
dc.language.iso	en	en_US
dc.publisher	The Journal of Applied Economic Research	en_US
dc.subject	Competitiveness	en_US
dc.subject	Nominal and Real Effective Exchange Rates	en_US
dc.subject	Price Index JEL Classification	en_US
dc.title	India's Trade Competitiveness and Exchange Rate Policy	en_US
dc.type	Article	en_US