I. Rajaraman, OECD IMPORTS OF LEATHER - INDIAN PERFORMANCE AND REAL EXCHANGE-RATES OF THE INDIAN RUPEE, Journal of development studies, 29(3), 1993, pp. 541-560
This article reports an econometric investigation of shares by source
in imports of leather and leather manufactures into OECD markets over
the period 1974-87, at four-digit SITC level. The Indian share at each
destination relative to that of other major exporters, taken serially
and independently, is tested for sensitivity to relative price fluctu
ations as measured by the real bilateral exchange rate between the Ind
ian rupee and the currency of the fellow exporter. The pattern of find
ings by product category and destination provides important guidelines
for exchange rate policy and export strategy.