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2019
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[Journal:] Economies [ISSN:] 2227-7099 [Volume:] 7 [Issue:] 2 [Article No.:] 47 [Publisher:] MDPI [Place:] Basel [Year:] 2019 [Pages:] 1-17
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MDPI, Basel
Zusammenfassung: 
We analyzed India's export competitiveness in the textiles and clothing (T&C) sector in the United States. The T&C industry is traditionally important for the Indian economy due to its significant contribution to export, employment, and industrial production. However, the competition in the global T&C market intensified after the Multi-Fiber Arrangement phase-out in 2005. Therefore, it is necessary to examine the export competitiveness of India's T&C sector in the U.S., India's largest export destination and one of the world's largest consumers of T&C. In this study, we calculated the comparative advantage of India's T&C based on Revealed Comparative Advantage (RCA), Market Comparative Advantage (MCA), and Comparative Advantage by Countries (CAC). Our analysis shows that India had a comparative advantage in the T&C sector in the U.S. from 1991 to 2017, despite intensified competition in the global market.
Schlagwörter: 
comparative advantage
export
competitiveness
textiles and clothing industry
India
limited liberalization
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