Open AccessRevealed Comparative Advantage of India and China
Author(s) -
Sahil Ravgotra Sahil Ravgotra
Publication year - 2017
Publication title -
international journal of economics commerce and research
Language(s) - English
Resource type - Journals
eISSN - 2319-4472
pISSN - 2250-0006
DOI - 10.24247/ijecraug20173
Subject(s) - china , comparative advantage , geography , business , international trade , archaeology
Since India and China have abundance of Labor and l ess physical capital, India’s and China’s calculate d Revealed Comparative Advantage (RCA) Index says tha t both the countries have comparative advantage in textiles and metal products compared to the world market. Both t e countries are developing rapidly and physical ca pit l is accumulating, so an increase in the RCA Index of ad vanced high technology and medium high technology p roducts has been seen.
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