Assessing Pakistan's trade comparativeness and coplementarities with Asian and OECD countries

The pattern of comparative advantage provides a solution for the expansion of trade by identifying those products that have the potential for trade, where different products become tradable which is not considered before. This study attempts to assess the comparative advantage of Pakistan with Asian...

Full description

Saved in:

Bibliographic Details
Main Author:	Sultan, Khurram
Format:	Thesis
Language:	eng eng eng eng
Published:	2019
Subjects:	HB Economic Theory HG Finance
Online Access:	https://etd.uum.edu.my/8800/1/depositpermission-not%20allow_s900187.pdf https://etd.uum.edu.my/8800/2/s900187_01.pdf https://etd.uum.edu.my/8800/3/s900187_02.pdf https://etd.uum.edu.my/8800/4/s900187_references.docx
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-uum-etd.8800
record_format	uketd_dc
spelling	my-uum-etd.88002021-11-16T03:14:35Z Assessing Pakistan's trade comparativeness and coplementarities with Asian and OECD countries 2019 Sultan, Khurram Zainal Abidin, Irwan Shah School of Economics, Finance & Banking School of Economics, Finance & Banking HB Economic Theory HG Finance The pattern of comparative advantage provides a solution for the expansion of trade by identifying those products that have the potential for trade, where different products become tradable which is not considered before. This study attempts to assess the comparative advantage of Pakistan with Asian and OECD countries. The objectives of the study are threefold: First to check the Revealed Comparative Advantage (RCA) of Pakistan‟s export with 76 countries (43 Asian and 33 OECD), by using the method of Balassa index. Secondly to check the Pakistan„s Trade Complementarity Index (TCI) with TCI of 76 countries in order to find out the potential area for boosting its exports. Thirdly to analyze the long run relationship between Pakistan‟s export with 76 countries and Pakistan‟s economic growth. The data used for this analysis are 96 product categories with yearly data selected for RCA and TCI over the period of 2001 to 2016. In order to check the long run relationship between export and economic growth, annual data from 1982 to 2016 are being used. The results show that Pakistan has a comparative advantages in 29 product categories and able to export these products to 76 countries in which they have comparative disadvantage. Similarly, results of TCI show that Pakistan‟s exports match well with the import of 59 countries. Long run relationship has been tested using co-integration mechanism and feedback relationship has been measured using Granger causality pairwise. Results revealed that there is positive and significant relationship between exports and economic growth. Moreover, results of Granger causality pairwise show that export Granger influence GDP as the export toward these 76 counties will increase economic growth of Pakistan. Based on the empirical results; it shows that policy implications will lead to an enhancement in Pakistan‟s export which ultimately will lead towards an increase in the economic growth of Pakistan. 2019 Thesis https://etd.uum.edu.my/8800/ https://etd.uum.edu.my/8800/1/depositpermission-not%20allow_s900187.pdf text eng staffonly https://etd.uum.edu.my/8800/2/s900187_01.pdf text eng staffonly https://etd.uum.edu.my/8800/3/s900187_02.pdf text eng staffonly https://etd.uum.edu.my/8800/4/s900187_references.docx text eng public other doctoral Universiti Utara Malaysia
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng eng
advisor	Zainal Abidin, Irwan Shah
topic	HB Economic Theory HG Finance
spellingShingle	HB Economic Theory HG Finance Sultan, Khurram Assessing Pakistan's trade comparativeness and coplementarities with Asian and OECD countries
description	The pattern of comparative advantage provides a solution for the expansion of trade by identifying those products that have the potential for trade, where different products become tradable which is not considered before. This study attempts to assess the comparative advantage of Pakistan with Asian and OECD countries. The objectives of the study are threefold: First to check the Revealed Comparative Advantage (RCA) of Pakistan‟s export with 76 countries (43 Asian and 33 OECD), by using the method of Balassa index. Secondly to check the Pakistan„s Trade Complementarity Index (TCI) with TCI of 76 countries in order to find out the potential area for boosting its exports. Thirdly to analyze the long run relationship between Pakistan‟s export with 76 countries and Pakistan‟s economic growth. The data used for this analysis are 96 product categories with yearly data selected for RCA and TCI over the period of 2001 to 2016. In order to check the long run relationship between export and economic growth, annual data from 1982 to 2016 are being used. The results show that Pakistan has a comparative advantages in 29 product categories and able to export these products to 76 countries in which they have comparative disadvantage. Similarly, results of TCI show that Pakistan‟s exports match well with the import of 59 countries. Long run relationship has been tested using co-integration mechanism and feedback relationship has been measured using Granger causality pairwise. Results revealed that there is positive and significant relationship between exports and economic growth. Moreover, results of Granger causality pairwise show that export Granger influence GDP as the export toward these 76 counties will increase economic growth of Pakistan. Based on the empirical results; it shows that policy implications will lead to an enhancement in Pakistan‟s export which ultimately will lead towards an increase in the economic growth of Pakistan.
format	Thesis
qualification_name	other
qualification_level	Doctorate
author	Sultan, Khurram
author_facet	Sultan, Khurram
author_sort	Sultan, Khurram
title	Assessing Pakistan's trade comparativeness and coplementarities with Asian and OECD countries
title_short	Assessing Pakistan's trade comparativeness and coplementarities with Asian and OECD countries
title_full	Assessing Pakistan's trade comparativeness and coplementarities with Asian and OECD countries
title_fullStr	Assessing Pakistan's trade comparativeness and coplementarities with Asian and OECD countries
title_full_unstemmed	Assessing Pakistan's trade comparativeness and coplementarities with Asian and OECD countries
title_sort	assessing pakistan's trade comparativeness and coplementarities with asian and oecd countries
granting_institution	Universiti Utara Malaysia
granting_department	School of Economics, Finance & Banking
publishDate	2019
url	https://etd.uum.edu.my/8800/1/depositpermission-not%20allow_s900187.pdf https://etd.uum.edu.my/8800/2/s900187_01.pdf https://etd.uum.edu.my/8800/3/s900187_02.pdf https://etd.uum.edu.my/8800/4/s900187_references.docx
_version_	1747828463683764224

Assessing Pakistan's trade comparativeness and coplementarities with Asian and OECD countries

Similar Items