Export Competitiveness of Indian Spirits: The Method of Revealed Comparative Advantage (RCA) with Special Reference to Wine
Journal of Contemporary Issues in Business and Government,
2022, Volume 28, Issue 3, Pages 592-595
10.47750/cibg.2022.28.03.044
Abstract
In this research paper, wine's export competitiveness is analyzed. Indian vineyards are thefastest-growing agricultural sector in the country, with the seventh-highest productivity. India
has a comparative advantage in agriculture and expanding agro-based exports can
significantly increase agricultural returns and employment. A REVEALED COMPARATIVE
ADVANTAGE study framework is used in order to assess the structural transformation in
India's share of the global export market in terms of competitiveness and structural
repercussions during 2001-to 2021. The REVEALED COMPARATIVE ADVANTAGE
Approach is extensively used to empirically evaluate a country's export performance. With
the technique used, the process of benchmarking International and Intra-national exports is
made much easier. In a multitude of contexts, the key competencies can be used to model
industrial export competitiveness. Using the REVEALED COMPARATIVE ADVANTAGE
METHOD, this paper attempts to determine a region's export potential.
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