1Ph.D. Scholar, Department of Economics, Islamic University of Science and Technology, Awantipora, J&K. Email: saiedhusyn17@gmail.com
2Assistant Professor, Department of Economics, Islamic University of Science and Technology, Awantipora, J&K. Email: khanjavideco@gmail.com
3Assistant Professor, Department of Economics, Islamic University of Science and Technology, Awantipora, J&K. Email: showkateco@gmail.com, respectively
Online published on 4 August, 2022.
This study analyses the dynamic export competitiveness of India and China with respect to their automotive manufactured products in the world market. Dynamic Revealed Comparative Advantage (RCA) has been utilised in three different phases during 2001–18 at the HS 6-digit level classification of commodities. The study found that out of the total 67 automotive products, India increased the number of automotive products in a better competitive dynamic position of ‘rising star’ from 14 to 23 from the first phase to the last. As for China, it slided from 18 to 15 automotive products in this competitive position during the same period. Therefore, India has taken a lead in shifting more of its automotive products in the competitive position in the world market than its Chinese counterpart. However, when it comes to the pattern of responsiveness shown by the automotive products to the demand fluctuations of the world, China took a lead better than India during the study period. The study also found that both India and China shared almost the same number of products that are comparatively in an unfavourable dynamic position of export competitiveness, which needs to be guarded to make them competitive in the world market.
Export competitiveness, India, China, Manufacturing, Automotive products, RCA