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

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...

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Main Authors: Siddiqi, Masood Mashkoor, Khan, Aurangzeb, Khan, Ameerzaib, Khan, Shahbano
Format: Article
Language:English
Published: Ashwin Anokha Publications and Distributions (AAPD) 2022
Subjects:
Online Access:https://repository.londonmet.ac.uk/9829/1/ijeb%20v21-1-2022-32-Masood%20Mashkoor%20%283%29%20%281%29.pdf
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author Siddiqi, Masood Mashkoor
Khan, Aurangzeb
Khan, Ameerzaib
Khan, Shahbano
author_facet Siddiqi, Masood Mashkoor
Khan, Aurangzeb
Khan, Ameerzaib
Khan, Shahbano
author_sort Siddiqi, Masood Mashkoor
collection LMU
description 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.
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spelling oai:repository.londonmet.ac.uk:98292024-11-13T14:55:15Z https://repository.londonmet.ac.uk/9829/ Empirical assessment of trade potentials of Pakistan with SAARC countries using revealed comparative advantage Siddiqi, Masood Mashkoor Khan, Aurangzeb Khan, Ameerzaib Khan, Shahbano 300 Social sciences 320 Political science 330 Economics 350 Public administration & military science 380 Commerce, communications & transportation 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. Ashwin Anokha Publications and Distributions (AAPD) 2022-01 Article PeerReviewed text en https://repository.londonmet.ac.uk/9829/1/ijeb%20v21-1-2022-32-Masood%20Mashkoor%20%283%29%20%281%29.pdf 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 https://www.ashwinanokha.com/resources/ijeb%20v21-1-2022-32-Masood%20Mashkoor.pdf
spellingShingle 300 Social sciences
320 Political science
330 Economics
350 Public administration & military science
380 Commerce, communications & transportation
Siddiqi, Masood Mashkoor
Khan, Aurangzeb
Khan, Ameerzaib
Khan, Shahbano
Empirical assessment of trade potentials of Pakistan with SAARC countries using revealed comparative advantage
title Empirical assessment of trade potentials of Pakistan with SAARC countries using revealed comparative advantage
title_full Empirical assessment of trade potentials of Pakistan with SAARC countries using revealed comparative advantage
title_fullStr Empirical assessment of trade potentials of Pakistan with SAARC countries using revealed comparative advantage
title_full_unstemmed Empirical assessment of trade potentials of Pakistan with SAARC countries using revealed comparative advantage
title_short Empirical assessment of trade potentials of Pakistan with SAARC countries using revealed comparative advantage
title_sort empirical assessment of trade potentials of pakistan with saarc countries using revealed comparative advantage
topic 300 Social sciences
320 Political science
330 Economics
350 Public administration & military science
380 Commerce, communications & transportation
url https://repository.londonmet.ac.uk/9829/1/ijeb%20v21-1-2022-32-Masood%20Mashkoor%20%283%29%20%281%29.pdf
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