Mamoon, Dawood and Paracha, Sohail and Mughal, Hammad and Ayesha, Anam (2011): Pakistan's trade competitiveness & complementarities in South Asia.
Download (695Kb) | Preview
Over the past decade Pakistan remained involved in two major trade agreements with in the South Asia (Pakistan & Sri-Lanka FTA and SAFTA). It is meaningful from an operational and policy perspective to evaluate Pakistan's trade performance in South Asia against its objectives of greater trade integration and suggest policy interventions to improve its effectiveness. In order to achieve this objective, current study evaluates the Pakistan’s overall and chapter-wise trade performance with SAARC major SAARC economies for the last seven years (2003-09). This study has been disaggregated into two parts: In the first part of the study, an assessment of trade performance of SAARC members is carried out with respect to the rest of the world. Pakistan's trade performance vis-à-vis other SAARC members is the focus of this part. In the second part Pakistan’s trade performance in South Asia has been analyzed and policy interventions have been suggested to improve its effectiveness. Certain trade indicators like Trade Complementarity Index (TCI), Trade Specialization Index (TSI), Grubel Lloyd Index (GLI), Revealed Comparative Analysis (RCA), Bilateral Revealed Comparative Analysis BRCAs and Revealed Market Access (RMA) have been employed to achieve the above objectives.
|Item Type:||MPRA Paper|
|Original Title:||Pakistan's trade competitiveness & complementarities in South Asia|
|Keywords:||International Trade, Regionalism|
|Subjects:||F - International Economics > F1 - Trade > F15 - Economic Integration
F - International Economics > F0 - General
|Depositing User:||Dawood Mamoon|
|Date Deposited:||09. Jun 2011 12:58|
|Last Modified:||21. Feb 2013 09:32|
Baysan, T., Panagariya, A., and Pitigala,N. 2006, ‘Preferential Trading in South Asia’, World Bank Policy Research Working Paper 3813. Washington DC: The World Bank.
Das, D. K. 2007, ‘South Asian Free Trade Agreement: Prospects of Shallow Regional Integration’, CSGR Working Paper 218/07.Coventry, University of Warwick.
Derosa, Dean A. and Govindan, Kumaresan 1996, ‘Agriculture, Trade, and Regionalism in South Asia’, Journal of Asian Economics, 7 (2), pp. 293-316.
Dhungel, D. 2004, ‘South Asian Association for Regional Cooperation (SAARC): Prospect for Development’, The Pakistan Development Review, 43 (4 Part II): 933-941.
Jhamb, S. 2006, ‘India’s Regional Trading Agreements’, South Asian Journal, 11(January-March 2006).
Krueger, Rossana Cecilia, Valerie Thomas, Tristan To (2004), ‘Impacts of the South Asia Free Trade Agreement’, Policy Analysis Workshop, Public Affairs 869, Spring 2004.
Kumar, Saini 2007, ’Economic Co operation in South Asia: The Dilemma of SAFTA and Beyond’, Working Paper No. 2007-017, Indira Gandhi Institute of Development Research, Mumbai, October.
Mehta, S. P., and Kumar, P. 2004, ‘RTAs and South Asia: Option in the Wake of Cancun Fiasco’. ASARC Working Paper 2004-11, Canberra, The Australian National University.
Newfarmer, R., and Pierola, M. D. 2007, ‘SAFTA: Promise and Pitfalls of Preferential Trade Agreements, In the Challenges and Potential of Pakistan-India Trade, edited by Z. F. Naqvi and P. Schuler, Washington DC: The World Bank.
Pigato, M., C. Farah, K. Itakura, K. Jun, W. Martin, K. Murrell and T.G. Srinivasan 1997, ‘South Asia’s Integration into the World Economy’, World Bank, Washington DC.
Pitigala, Nihal 2005,’What Does Regional Trade in South Asia Reveal about Future Trade Liberalization?’ Policy Research Working Paper No. 3497, Washington DC: The World Bank, February.
Rahman, M., Shadat,W. B. and Das N. C. 2006, ‘Trade Potential in SAFTA: An Application of Augmented Gravity Model’, Dhaka, Centre for Policy Dialogue.
Raihan, A. and A. Razzaque 2007, ‘Welfare Effects of South Asia Free Trade Area (SAFTA), Regional Trading Arrangements (RTAs) in South Asia: Implications for the Bangladesh Economy’, Paper prepared for the UNDP Regional Centre Colombo, January.