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    Tariff Liberalization and Trade Specialization in India

    Alessandrini, Michele; Fattouh, Bassam; Ferrarini, Benno; Scaramozzino, Pasquale | November 2009
    Abstract
    Since the early 1990s, India has embarked on economic reforms that have progressively opened up the country to international trade. This paper analyzes the effects of reform on India’s trading structure from 1990 to 2006. It computes comparative advantage indicators on the basis of disaggregated trade flow data, and assesses the effects of trade liberalization on the evolution of India’s pattern of trade specialization. From dynamic panel regression analysis, evidence is found that those industries where import tariffs have been reduced the most have experienced the highest increase in specialization. Moreover, the analysis shows that trade liberalization has helped India improve its comparative advantage in industries with medium- to high-technology content, as well as in some of the industries enjoying the most robust growth in global demand.
    Citation
    Alessandrini, Michele; Fattouh, Bassam; Ferrarini, Benno; Scaramozzino, Pasquale. 2009. Tariff Liberalization and Trade Specialization in India. © Asian Development Bank. http://hdl.handle.net/11540/1837. License: CC BY 3.0 IGO.
    ISSN
    1655-5252
    Keywords
    Trade Facilitation
    Trade
    Economic integration
    Regional Economic Integration
    Free Trade
    Trade Agreements
    Trade Policy
    Economic Development
    Economics
    International Economics
    Economic planning
    Economic structure
    Growth policy
    Trade relations
    Trade policy
    Trade policy
    Economic development
    Regional economics
    Economic forecasting
    Economic development projects
    Success in business
    Business
    Free trade
    Business
    Economics
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    Citable URI
    http://hdl.handle.net/11540/1837
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    Author
    Alessandrini, Michele
    Fattouh, Bassam
    Ferrarini, Benno
    Scaramozzino, Pasquale
    Theme
    Trade
    Economics
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise