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Review Literature

4482 words - 18 pages

2. LITERATURE REVIEW.

In the context of India’s tea export, there exists vast literatures .But for this study we have included some of the important empirical works which are matched with our objectives.

Chand and Tiwari,(1991),analyzead growth and instability of India’s export and import of agricultural commodities. Jaganathan , (1992) , in his paper examined the instabilities of export earnings of selected groups and selected commodities and all the commodities from the period 1974-75 to 1989-1990. Pal , (1992) , analyzed the magnitude , causes and effects of instability of agricultural export earnings of India for the period 1979 to 1989.Subramaniam , (1995) , analyzed the ...view middle of the document...

South Asian watch on Trade (2006) analyzed that in Nepal, tea had potential to benefit large segments of rural population and lift them out of poverty and stagnation. Shinoj and Mathur , (2008) , in their paper identified that the recent developments in the international trade scenario and corresponding alterations in India’s foreign trade policies has depicted for reaching implications for India’s agricultural sector and agricultural exports in particular . The study also revealed that India had been able to maintain its comparative advantage , but several others such as tea , coffee , spices , etc., had been negatively affected by trade openness policy . Wong ,(2006) ,proclaimed that the existence of a positive and significant effect of trade openness on the productivity of manufacturing industries in export - oriented industries in the years after trade reforms curve implemented, but decreasing productivity after 2000 .Yucel, (2009), examined the causal relationship between trade openness and economic growth (GDP) for the Turkish economy . The findings of his study showed that while trade openness has a positive effect , financial development has a negative effect on growth. Vander and Wall (2008) examined the sustainability issue in the tea sector for six leading tea producing countries in the world,viz ,India ,Srilanka , Vietnam , Indonesia , Kenya and Malawi .This study is based on an extensive field study of civil society organization in these countries . A considerable number of studies have attempted to explain empirically the relationship between trade openness and government expenditure. Rodrik , (1998), Adsera and Boix , (2000), and Albertos , (2002), proclaimed that existence of positive linkage between trade openness and government spending is due to high compensation hypothesis where as Alesina and Spolaore ,(1997), Alesina et al (1997) , Frankel and Romer (1999) , and Bretschger and Hettich , (2002) , indicated that government size and trade openness are interrelated with country size . Smaller countries tend to have higher trade shares than the larger countries as the same amount of trade flows represents a different shares of GDP . Alkan , et al .,(2009) in their paper investigated the importance of tea sector all over the world among major producer. Nagoor (2009) examined the performance of India’s tea exports and identified the underlying factors . The study also looked at tea exports and production response in major tea exporting countries under WTO regime . Nagoor and kumar , (2010) in their paper investigated that with the signing of the Free Trade Agreement with the Association of South East Asian nations , there are apprehensions that the consequent reduction in import tariffs will adversely affect the Indian tea industry . Adhikary and Maity, (2010) computed instability indices of various sections of export for 1966 - 1967 to 1986...

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