Changing scenario of export structures in India and China: A comparative framework of analysis through revealed comparative advantage

This study tries to explore the competitiveness and patterns of trade through Revealed Comparative Advantage for India and China. Closer economic integration and increased factor mobility has greatly influenced the location of factors of production and thereby the dynamics of Comparative Advantage. The study showcases India's developmental efforts that it has made to liberalize its International Trade since 1991. And subsequently, it has been able to increase its competitiveness in the world market. This step is seen as a major restructuring tool of the economy, and as such, its exports reflect India's comparative advantage in the global economy.