Applications of Trade Analytic Tools: Reflections from India's Trade Data

Designed as a practical guide for management graduates, researchers, corporate executives and policy-makers, Applications of Trade Analytic Tools familiarizes the readers with various technical approaches to the analysis of international trade flows, market identification and competitiveness measurement procedures. The book also addresses emerging issues in international trade patterns along with the description of standard trade indices and trade modelling techniques. It aims to enable the readers to adopt modelling and analytical tools as relevant to their research problem. The chapters are closely woven with India’s trade issues at both macro and micro levels. While the macro aspects include the analysis at the country level (i.e., overall trade indices for India involving its trade partners), the product-specific analysis (e.g., competitiveness for individual export items from India at disaggregated level) is conducted in the micro discussions. Content: CHAPTER 1 Introduction: Trade Analytic Tools for Policymaking and Business Decisions Application and Interpretation 1 Biswajit Nag and Debashis Chakraborty PART A: STRUCTURE AND USE OF TRADE DATA AND INDICES CHAPTER 2 India’s Trade Pattern and Opportunities with Central Asian Countries: An Application of Select Trade Indices 19 Debashis Chakraborty and Zaki Hussain CHAPTER 3 Emerging Patterns in Intra-industry Trade: An Analysis of India–EU Trade with Select Sectors 43 Biswajit Nag and Zaki Hussain PART B: SECTOR-BASED TRADE OUTCOME ANALYSIS CHAPTER 4 Export Competitiveness of India’s Leather Products: Application of Select Indices 63 Debashis Chakraborty and Zaki Hussain CHAPTER 5 A Constant Market Share Analysis of India’s Exports to ASEAN Countries 91 Debashis Chakraborty, Triptendu Prakash Ghosh and Zaki Hussain CHAPTER 6 Shift Share Analysis: An Application to the Analysis of Indian Exports 112 Bibek Ray Chaudhuri CHAPTER 7 International Production Networks (IPNs) and Global Value Chains (GVCs) between India and Northeast Asia: An Analysis of Value-added Trade in Selected Industries 125 Biswajit Nag and Jaewook Lee PART C: ASSESSMENT OF OPEN ECONOMY INDICATORS CHAPTER 8 Balance of Payment Analytics: Application of Select Indices 153 Ranajoy Bhattacharyya CHAPTER 9 Exchange Rate Dynamics and Measuring Balance of Payment Implication 171 Ashima Puniani and Jaydeep Mukherjee PART D: TRADE IN SERVICES CHAPTER 10 Measuring Services Trade: Major Challenges in India and the Way Forward 189 Arpita Mukherjee and Tanu M. Goyal CHAPTER 11 Services Trade Restrictiveness Index, Methodology and Application: The Indian Context 207 Hildegunn Kyvik Nordås PART E: TRADE FACILITATION CHAPTER 12 Interpreting Trade Facilitation Indices towards a Smooth Regional Trade in Asia-Pacific 235 Yann Duval, Biswajit Nag and Yuhua Zhang CHAPTER 13 Assessing Linkages between Trade Costs and Trade Flows: Applications of Gravity Model 260 Prabir De and Durairaj Kumarasamy Contents ix PART F: ANALYSIS AND MODELLING OF TRADE BARRIERS CHAPTER 14 Modelling Non-tariff Measures in RTAs 281 Rajan Sudesh Ratna CHAPTER 15 Non-tariff Barriers on Auto-components’ Exports: Application of Select Indices 299 Debashis Chakraborty, Julien Chaisse and Zaki Hussain PART G: PARTIAL AND GENERAL EQUILIBRIUM MODELLING TECHNIQUES CHAPTER 16 Implication of Tariff Reduction through Partial Simulation Using Smart: An Analysis of India’s Import of Passenger Vehicles from Japan and Germany 319 Biswajit Nag and Pratiksha Chaturvedi CHAPTER 17 Gravity Model of International Trade: Understanding the Underlying Dynamics 333 Zaki Hussain and Biswajit Nag CHAPTER 18 Use of Computable General Equilibrium Model in Trade Research: An Application of GTAP Model on India–ASEAN Trade 350 Chandrima Sikdar CHAPTER 19 Advances in Global CGE Modelling and Trade Policy Formulations: Some Issues 371 G.Badri Narayanan CHAPTER 20 Conclusion: Trade Analytic Tools: For Whose Benefits? 389 Debashis Chakraborty and Biswajit Nag