Growth, Instability and Demand Elasticity of Indian Fish Exports

Abstract

Fisheries sector plays a catalyst role in the Indian economy by making significant contributions to the national income, exports, food, nutritional security and employment generation. The present study estimates Compound Annual Growth Rates (CAGR), Coefficient of Variation (CV) and Cuddy Della Valle (CDV) to analyse the growth and instability trends in production and export of fish from India. The study also makes use of double log multiple regression analysis to estimate the demand elasticity of US market forIndian shrimp, which is a major constituent in Indian fishery export basket.