imprint:
Washington, D.C: International Monetary Fund, 2015 Online-Ausg.
Published in:IMF Working Papers: Working Paper No. 15 / 161
Extent:
Online-Ressource (16 p)
Language:
English
ISBN:
1513548670;
9781513548678
Type of reproduction:
Online-Ausg.
Origination:
Footnote:
Description:
This paper estimates the short-term and long-run price and income elasticity of Indian exports, and investigates the role of supply-side bottlenecks in shaping India’s export demand relationship. We use disaggregated export volume data for 45 Indian industries over the period 1990-2013, as well as industry-specific international relative prices, for estimation. Our results indicate that Indian exports are sensitive to international relative-price competitiveness, world demand, and energy shortages. In addition, binding supply-side constraints (notably energy shortages) dampen price responsiveness in the short-term