Trade Integration and Export Aspiration: Evidence from India’s Trade in Goods with BRICS Countries

نویسندگان

چکیده

The purpose of this study was to examine the dynamics trade between India and BRICS countries as well gauge relative strength Indian exports those nations. integration patterns among were also analyzed. To quantify extent which India’s correspond needs its counterparts, a novel export aspiration index constructed. has been employed pattern with other members. Further, gravity model analyze fundamentals India–BRICS trade. in individual shows diverse pattern. However, these improved, although marginally long run. Such empirical evidence substantiates that within counterparts improved over time. Moreover, indicates similar corroborates presence inter-industry Added conventional variables model, outward multilateral resistance inward significantly promote Hence, will increase substantially if commodity composition is diversified by including more commodities baskets changing conditions economies.

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ژورنال

عنوان ژورنال: Organizations and markets in emerging economies

سال: 2022

ISSN: ['2029-4581', '2345-0037']

DOI: https://doi.org/10.15388/omee.2022.13.90