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Reciprocation of Indian States on Trade Relation
Abstract
In the past few years, it is being observed that there is a wake-up call for creating one economic India, one market place with free movement of goods and people. Again, for creating one economic India, the needs of creating one economic India, it needs to preserve sovereignty for the Indian states. However, it is very pertinent to ask how much internal integration India has achieved through trade between states within India. Under such brief backdrop, the author has tried, as an initial attempt, to apply social network analysis (SNA) for studying empirically reciprocation/cohesiveness of Indian states using the data on inter-firm and intra-firm trade flows between states for the financial year 2015-2016. On the basis of reciprocity counts for weighted social networks on inter-states trade relation, the standardized reciprocity measures have been adopted for the chapter. The outcomes of the chapter seem to offer important implications for understanding cooperation and integration on inter-states trade interactions and to exhibit the equilibrium and circularity of inter-state trade flows.
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