London Met Repository

Empirical assessment of trade potentials of Pakistan with SAARC countries using revealed comparative advantage

Tools

Lists

Siddiqi, Masood Mashkoor, Khan, Aurangzeb, Khan, Ameerzaib and Khan, Shahbano (2022) Empirical assessment of trade potentials of Pakistan with SAARC countries using revealed comparative advantage. Indian Journal of Economics and Business, 21 (1). pp. 411-417. ISSN 0972-5784

Abstract
Documents
Details
Record

[+][-]

Abstract

Trade plays an important role to boost economic growth and strengthens relationship among trading partners. For the purpose of better performance, many Governments are more concerned regarding regional coordination through their policies. This paper focuses on exploring trade potentials of Pakistan with SAARC countries that are essentials ingredients for making strong diplomatic and economic relations through coordination. For this purpose data related to imports and exports of concerned countries for the year 2019 are utilized and Revealed Comparative advantage technique is applied to identify the commodities of comparative advantage and having potentials that need to be explored in order to increase nation’s overall level of satisfaction. The paper concluded that food and live animals, manufactured goods classified chiefly by material and miscellaneous manufactured articles are the commodities of comparative advantage for the prospects of trade potentials. The paper also suggested some policy recommendations with the conclusion of this paper.

Documents