International Journal of Multidisciplinary Research and Development

International Journal of Multidisciplinary Research and Development


International Journal of Multidisciplinary Research and Development
International Journal of Multidisciplinary Research and Development
Vol. 1, Issue 1 (2014)

Revealed comparative advantage of India’s export trade in services: An analysis


Naveen Sood

As a matter of fact the growth of Indian Economy is attributable to the dynamism shown by service sector and this sector has been the star performer. The share of service sector in GDP has increased from 17.2% in 1951 to 59% in 2013. Now the cause of the concern is that can growth of service sector sustain without diversifying Indias services export basket? The present paper attempts to evaluate the growth and performance of Indias export trade in services as well as comparative advantage in services at sub sector. Since the study is descriptive in nature therefore in order to achieve the objective of the paper the data have been collected and compiled from various secondary sources. The data have been analyzed by using the technique of revealed comparative advantage and growth rate. The study finds that Indias average share of world exports of services was high during post reform period. India enjoys a comparative advantage in exports of communication services and is a leading exporter among the top five exporters in the world in 2005. India has also shown RCA in IT industry but however the RCA in case of computer and information services has been declining.
Pages : 78-81