INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
India has developed many international trade relations with major world economies over the last 15 years. The European Union is a major trading partner of India. India is about to enter into an agreement for free trade (FTA) with the European Union(EU), It is necessary to examine the sectoral competitiveness of India in relation to its trade partner EU- 27. This paper examines the revealed comparative advantage (RCA) in the EU-27 as a sectoral comparative analysis for the study period 1994 to 2020. This analysis has used Balassa’s index of RCA. According to this empirical analysis, the study found that India has revealed comparative advantages in 22 products and revealed comparative disadvantages in 43 products out of 65 products with EU-27.
Keywords:
Comparative advantage, Competitiveness, FTA, and EU-27
Cite Article:
"Revealed Comparative Advantage & Competitiveness in India and European Union (EU) -27: An Empirical Analysis", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 11, page no.b474-b483, November-2022, Available :http://www.ijnrd.org/papers/IJNRD2211154.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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