About the book

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