000			01776nam a22001817a 4500
999			_c510121 _d510121
008			190725b ||||| |||| 00| 0 eng d
100			_aGhosh, Sunandan _97407
245			_aIndia-China trade: asymmetrical developments and future prospects
260			_c2019
300			_ap.70-93.
520			_aThis article seeks to provide an overview of the evolution and analyses the changing composition of trade between India and China over the period 1983–2017. We find that Chinese exports are almost completely concentrated in manufactures, especially finished equipment goods, whereas Indian exports consist of both agriculture and manufactures and over time have shifted predominantly to intermediate goods. Further, both the countries are exporting those commodities to each other in which they have a revealed comparative advantage, with China’s exports being more diversified. We employ vector error correction estimation and show that China’s exports to India are dependent on India’s household consumption expenditure, while India’ exports to China are correlated to Chinese manufacturing value added. Finally, we calculate the share of each country’s commodity-wise export to the partner in their respective total exports with a view to studying prospects for India–China trade. We conclude that for further trade expansion, diversification is extremely necessary, and Indian exports of inputs to Chinese industries need to change substantially to accommodate the changing nature of China’s industrial structure. - Reproduced.
650			_aInternational trade - China _97408
700			_aAgarwal, Manmohan _97409
700			_aBanerjee, Adrita _97410
773			_aSouth Asia Economic Journal
906			_aInternational trade - India
942			_cAR