Performance of Global Trade of Indian Silk in Post-Liberalization Era

Author: Halagundegowda G. R.*, Kumaresan P., Sathish Gowda C.S., Mohan Kumar T. L., Muttanna and Gulzar Ahmad Khan

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Abstract

This paper examines the growth, instability and concentration of major silk goods exported from India. The time series data on export earnings of Indian silk goods from 1990-91 to 2020-21 were used for computation of growth, instability and concentration. The study period was divided into two parts representing pre-liberalization (1990-2004) and post-liberalization (2005-2020) periods in global T&C trade. The results indicate that the natural silk yarn, raw silk, fabrics and made ups, readymade garments recorded positive growth rates during the pre-liberalization period. But the growth of majority of silk goods turned to negative during the post-liberalization period. Silk wastes had the highest instability in export earnings followed by natural silk yarn and raw silk. The finished goods such as fabrics and made-ups, readymade garments and silk carpets had relatively less instability in the export earnings during the pre-liberalization period. The aggregate instability index for the po

Keywords

Growth, Instability, Concentration, Hefindhal index, Herschman index, Diversity Measures.