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The present study is an endeavour to document the pattern of comparative advantage and structural changes of Indian exports with Africa with the help of revealed comparative advantage index and the constant market share model for the period 1980–2021. The results indicate that India possesses a comparative advantage in a large number of export products to markets in Africa. However, most of these exports belong to the category of low-tech and resource-based goods. Considering its abundant labour, it is to be expected for India to have a comparative advantage in these low-skilled and labour-intensive traditional exports. The commodities with maximum advantage in the African market are medicinal and pharmaceutical products followed by sugar, sugar preparations, and honey. In the category of technology-intensive products, India has strengthened its market power only in the export of organic chemicals and dyes, and colouring materials. [ABSTRACT FROM AUTHOR]

This paper investigates all the possible determinants of inflation (weighted average call money rate, food inflation, fuel and power inflation, gross fiscal deficit, trade openness, exchange rate, GDP per capita annual growth rate and world food inflation) and their impact in the long and short run in India. Using yearly data for the period from 1990 to 2016, we have employed bounds testing (ARDL) cointegration approach. Our main findings are that all the selected determinants are cointegrated with inflation in India. The error correction term with negative sign shows high speed towards equilibrium. In the long run exchange rate, world food inflation and money supply significantly contributed to increasing inflation. In the short run except for the weighted average call money rate and GDP per capita annual growth rate, all the variables play a significant role in determining inflation. The study suggests enhancement of production and productivity of agricultural commodities, especially of pulses, and management of exchange rate fluctuation that plays a multilateral role in the price management of an open economy like India. [ABSTRACT FROM AUTHOR]