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Abstract
The whole purpose of this part of my research is to quantify the degree of value transformation taking place domestically between imports and exports due to India’s GVC integration in the manufacturing sector. The consideration of using gross imports & exports data to draw a quantitative inference about India’s GVC potential leads to a different conceptualisation of the existing production process regarding knowledge, learning, and upgrading. Traditional trade theories assume that the whole production process of a product is taken place in one country and is marketed in another. However, the notion of GVC trade is different – quantifying how much of India’s export value is contributed by imports and how much India is adding value to exports. The basic concept is "import to export" or I2E.
Supplementary materials
Title
What? Why? How?
Description
Learning perspective postulates that the knowledge content of a country cannot be found at the intensive margin. Because knowledge grows not by accumulating more of the same but by adding new and different elements to existing capabilities. It is this evolutionary and combinatorial process that drives many economic phenomena.
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