Revealed comparative advantage: An analysis for India and China

This paper is the first to attempt a systematic evaluation of the similarities of the patterns of revealed comparative advantage for India and China in the global market. The study is timely as India has made an extensive effort to liberalize its international trade since 1991 and the consequent increase in competitive pressures and technology transfers, is expected to have led to a restructuring of the economy such that the composition of exports reflects India’s comparative advantage in the global economy.