Analysis of Regional Trade Block and Agricultural Productivity: Impact of SAFTA (South Asian Free Trade Agreement) on Economic Growth of Pakistan by Using CGE Model

Iqbal, Muhammad Shahzad and Khoso, Imamuddin and Shar, Amir Hussain and Shafiq, Kamran ORCID: https://orcid.org/0000-0003-4157-8741 and Shaikh, Faiz Muhammad (2010) Analysis of Regional Trade Block and Agricultural Productivity: Impact of SAFTA (South Asian Free Trade Agreement) on Economic Growth of Pakistan by Using CGE Model. Asian Social Science, 6 (12). pp. 160-166. ISSN 1911-2017

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Abstract

The current research highlights the trade among under the regime of South Asian Free Trade Agreements specially focus on trade with India. The Regional Block trade has given importance to the host as well receiving countries. Data were collected from various secondary sources and analysis by using Computable General Equilibrium model by using GEM pack. The regional trade among the Block countries are given absolutely and comparative advantage among various countries in the Blocks. The recent trade development shows positive
results among the member countries specially in the context of free trade among South Asian Countries. ASEAN,
NAFTA, MESUER trade gaining importance in the world and regional block trade has effect on the economies
of the country. It was revealed that block trade has positive impact not only the countries economy but also
welfare of the importing and host countries among the regional block.


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Faculty/School / Institute/Centre: No Faculty
Faculty/School / Institute/Centre: No Faculty
Date Deposited: 17 Jan 2022 00:11
Last Modified: 17 Jan 2022 00:11
Uncontrolled Keywords: SAFTA; Economy; Agriculture; Trade liberalization; FTA
Fields of Research (2008): 14 Economics > 1402 Applied Economics > 140201 Agricultural Economics
14 Economics > 1402 Applied Economics > 140210 International Economics and International Finance
14 Economics > 1402 Applied Economics > 140299 Applied Economics not elsewhere classified
Fields of Research (2020): 38 ECONOMICS > 3801 Applied economics > 380101 Agricultural economics
38 ECONOMICS > 3801 Applied economics > 380110 International economics
Identification Number or DOI: https://doi.org/10.5539/ass.v6n12p160
URI: http://eprints.usq.edu.au/id/eprint/44827

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