An Analysis of India's Trade Intensity with UAE

Krishn Awatar Goyal; Abdul Vajid

doi:10.26703/JCT.v13i1-3

Authors

Dr. Krishn Awatar Goyal Associate Professor, Department of Business Finance and Economics, FCMS, Jai Narain Vyas University, Jodhpur
Abdul Vajid UGC JRF (MANF), Research Scholar, Department of Business Finance & Economics, FCMS, Jai Narayan Vyas University, Jodhpur

DOI:

https://doi.org/10.26703/JCT.v13i1-3

Keywords:

Trade Intensity, India-UAE Trade, Foreign Trade

Abstract

Today no nation in the world is fully self-reliant on its own resources. All the nations of the world are somehow interdependent on others, because every nation has its own natural resources, climate, geographical conditions and sources of energy. International interdependence is the main feature of today's global economy. Trading links between India and UAE have existed since ancient times. Indo-UAE trade has grown enormously in recent years. Many statistical trade indices are available to measure trade between two countries. One of them is the trade intensity index. The trade intensity index appears in two forms, the export intensity index and import intensity index. A few studies have done to explore intricacies of the trade relationship between the two countries. Under such scenario this paper investigates the major trends of bilateral trade and explores issues associated with trade intensity. An attempt is made here to examine the India's Trade Intensity with UAE for the period from 2006 to 2016. The paper also suggests measures to enhance trade intensity between India and UAE. Time series data have been used to measure Trade Intensity Index (TII). The findings of the study reveal that India's trade with UAE is more intense in comparison with its other trading partners.
Classification-JEL : F13, F15, N15, N55

Downloads

Download data is not yet available.

Metrics

Metrics Loading ...

References

UAE-India bilateral trade to grow by 6% per year, says official, The National, Sarah Townsend, Nov. 08 2017.

K.A. Goyal & A. Vajid 2017, “Revealed Comparative Advantage of India's Rice Export with selected countries (A Case Study), Pacific Business Review International, Vol 9, Issue 9, March 2017 PP 51-56.

K.A. Goyal & A. Vajid 2016, “An Analysis of Bilateral Trade between India and UAE”, Pacific Business Review International, Vol 1, Issue 2, July 2016 PP 94-100.

Sundar Raj P & Ambrose B 2014, “A Brief Analysis of India-Japan Bilateral Trade: A Trade Intensity Approach”, International Journal of Economics, Commerce and Management Vol 2, Issue 2, 2014, PP 1-7.

Beretta, S. and R. T. Lenti. 2012. 'India and China: Trading with the World and Each Other', Economic & Political Weekly, Vol. 47, No. 44, 35–43.

Sayeeda Bano 2010, “India-New Zealand Trade And Trade Potential : Recent Experience And Future Opportunities” 51st New Zealand Association Of Economists (Nzae) Annual Conference University Of Auckland Business School On 30 June - 2 July 2010.

Wu, Y. and Z. Zhou. 2006. ‘Changing bilateral trade between China and India’, Journal of Asian Economics, Vol. 17, No. 3, 509–18.