Bitan Mondal, Bitan Mondal and Smita Sirohi, Smita Sirohi and Vishal Thorat, Vishal Thorat (2012): Impact of ASEAN-India Free Trade Agreement on Indian Dairy Trade: A Quantitative Approach.
Download (212kB) | Preview
The study attempts a quantitative assessment of the impact of recently signed ASEAN-India FTA (AIFTA) for dairy commodities in India. ASEAN is strategically a potential market in dairy for India and our country already stands as net exporter of dairy products in this region. Partial equilibrium model (SMART model) has been used to simulate the likely impact of dairy exports to and imports from ASEAN countries under the proposed tariff reduction schedule of the AIFTA. The SMART model simulations suggest that AIFTA has generated an additional scope for India to increase its dairy exports to ASEAN countries. On the other hand, tariff elimination from India’s side creates little scope for ASEAN nations to expand their shares. The threat of cheap imports competing with the domestic products in the Indian markets is therefore not alarming. However necessary adjustment assistance may be provided to the dairy product manufacturers to counter the competition in the relevant product lines.
|Item Type:||MPRA Paper|
|Original Title:||Impact of ASEAN-India Free Trade Agreement on Indian Dairy Trade: A Quantitative Approach|
|Keywords:||SMART Model; Dairy Products; AIFTA; Simulation; Export-Import|
|Subjects:||F - International Economics > F1 - Trade > F17 - Trade Forecasting and Simulation|
|Depositing User:||BITAN MONDAL|
|Date Deposited:||23. Aug 2012 10:14|
|Last Modified:||25. Mar 2015 08:44|
Chand, R. (2002), Trade Liberalisation, WTO and Indian Agriculture: Experience and Prospects. Mittal Publications, N.Delhi.
Chen, N., Imbs, J. and Scott, A. (2004). Competition, Globalization and the Decline of Inflation. CEPR Discussion Paper Series No. 4695.
Crawford, J. and Fiorentino, V. (2005). The Changing Landscape of Regional Trade Agreements. Discussion Paper No 8. World Trade Organization, Switzerland.
Crawford, J., Reisman, W.M. and Bisop, R.D. (2005). Foreign Investment Disputes: Cases, Materials and Commentary. Kluwer Law International Publication.
Freund, C. and Ornelus, E. (2010). Regional Trade Agreements. Policy Research Working Paper No 5314. World Bank Development Research Group.
Ghosh, S. and Roy, S. (2011). India ASEAN Free Trade Agreement: Implications for India’s Economy. Deloitte-FICCI White Paper.
Government of India (2012). Economic Survey 2011-12. Ministry of Finance, New Delhi.
Harikumar, S., Saji, T.G. and Kasim, M.C. (2011). ASEAN-India Free Trade Agreement and India’s Trade Competitiveness: An Assessment. In: Globalization vs. Deprivation, Eds: S.Manju and Saralamma. New Delhi: Sonali publications.
Hazra, Pralay (2005). An Analysis of Export Potential of Indian Dairy Products in Asian countries. Unpublished M.Sc. Thesis, Submitted to National Dairy Research Institute, Karnal.
Laird, S and Yeats, A. (1986). The UNCTAD Trade Policy Simulation Model: A Note on the Methodology, Data and Uses. UNCTAD Discussion Paper NO 19, Geneva.
Langley, S., Somwaru, A. and Normile, M. (2003). Trade Liberalization in International Dairy Markets; Estimated Impacts. Economic Research Report Number 16. United States Department of Agriculture. United States.
Markusen, J.R., Melvin, J.R., Kaempher, W.H. and Maskus, K.E. (1994). International Trade: Theory and Evidence. McGraw-Hill Publications, New York.
Pal, P and Dasgupta, M (2009). The ASEAN-India Free Trade Agreement: An Assessment. Economic and Political Weekly, Vol XLIV (38), pp11-15.
Sikdar, C. and Nag, B. (2011). Impact of India-ASEAN Free Trade Agreement: A crosscountry analysis using applied general equilibrium modeling. Asia-Pacific Research and Training Network on Trade Working Paper Series, No 107. United Nations Economic and Social Commission for Asia and the Pacific. Thailand.
Sirohi, S. (2003). WTO and its Impact on Dairy Sector. Lecture Note, Special Training Programme on Dairy Management and Economics for Technical Officers of NABARD held at DES&M Division, N.D.R.I., Karnal.
Smith, A. (1776). The Wealth of Nations. W. Strahan & T. Cadell Publications, London.
Veeramani, C. and Saini, G.K. (2011). Impact of ASEAN-India Preferential Trade Agreement on Plantation Commodities: A Simulation Analysis. Economic and Political Weekly. XLVI (10): 83-92.
Viner, J (1950). The Customs Union Issue. Carnegie Endowment for International peace, New York.
Winters, A. (2004). Trade liberalization and economic performance: an overview. Economic Journal.
Zahniser, S. and Link, J. (2002). Effects of North American Free Trade Agreement on Agriculture and the Rural Economy. Agriculture and Trade Report No 134. United States Department of Agriculture. United States.