Comparative Advantage of India in Agricultural Exports vis-a-vis Asia: A Post-reforms Analysis
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Recent developments in the international trade scenario and corresponding alterations in India’s foreign
trade policies have depicted far reaching implications for India’s agricultural sector in general and
agricultural exports in particular. The present study has ascertained the changes in comparative
advantage status of India’s major agricultural exports vis-a-vis other Asian players during the post-reforms
period (1991-2004). It has been found that in exports of certain commodities like cashew and
oil meals, India has been able to maintain its comparative advantage, but several others like tea,
coffee, spices, marine products, etc. have been negatively affected. India has been found losing out its
comparative advantage in export of some of the agricultural commodities to other Asian competitors
during the period after economic reforms.