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Estimating Export Potential of India to Southeast Asian Countries: Panel Gravity Model Approach

Estimating Export Potential of India to Southeast Asian Countries: Panel Gravity Model Approach
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Author(s): Ayberk Şeker (Bursa Technical University, Turkey)
Copyright: 2022
Pages: 23
Source title: Evaluating Trade and Economic Relations Between India and Southeast Asia
Source Author(s)/Editor(s): Anita Medhekar (Central Queensland University, Australia) and Harpreet Kaur (Central Queensland University, Australia)
DOI: 10.4018/978-1-7998-5774-7.ch002

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Abstract

It is crucial to estimate the export potential of countries in order to determine new export markets and increase their share of export markets. The chapter aims to determine the potential Southeast Asian export market for India by comparing the potential export level with the actual export from India to Southeast Asian countries. The frequency of the variables is annual and belongs to the period between 1996 and 2018. As a result of the analyses, it has been determined that Indian exports to Myanmar, Vietnam, and Singapore are slightly above its export potential, while its exports to Indonesia, Malaysia, and the Philippines are far above its export potential. In addition to this, it is determined that India has a high export potential to Brunei, Cambodia, and Thailand amongst Southeast Asian countries.

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