The Epoch of Free Trade Agreements in Pakistan and Predominance of China

Uzair, Lubna; Nawaz, Ahmad

doi:10.1080/10971475.2020.1730563

Cited by 3 publications

(3 citation statements)

References 37 publications

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“…Greater remoteness from the rest of the world reflects greater proximity, better connectivity, and lower trade or transaction costs between trading countries, which may cause their trade flows to increase. These findings are in line with our hypothesis and are very similar to the findings of Jagdambe and Kannan (2020), Uzair and Nawaz (2020), and Le et al (2020). They show that geographical proximity tends to enhance trade flows between countries because it reduces trade costs.…”

Section: Estimation and Resultssupporting

confidence: 93%

“…For instance, Khayat (2019) employs a gravity model to evaluate China's trade patterns with Organization of the Petroleum Exporting Countries members and finds, as expected, that gross domestic product (GDP) and population have significant positive impacts on trade flows, whereas distance has a significant negative effect on trade. His findings are in the line with those of Uzair and Nawaz (2020). Likewise, Le et al (2020) reveal that trading countries' total GDP and GDP difference both have significant positive effects on trade flows, whereas per capita income has a significant negative impact on bilateral trade.…”

Section: H1supporting

confidence: 58%

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Is Trade in COVID-19 Products in ASEAN Economies a Building or Stumbling Block?

Uttama

2021

Journal of Economic Integration

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Stumbling blocks to regional integration continue to pose a serious threat to the World Trade Organization (WTO), particularly during the COVID-19 pandemic. This study aims to examine the effect of regional economic integration on trade in COVID-19 products for Association of Southeast Asian Nations (ASEAN) countries using quarterly data for 2010-2020. A panel data model is estimated using the Poisson pseudo-maximum likelihood approach to address zero trade values, cross-sectional dependence, and heterogeneity problems. The findings of a case study on bilateral trade in COVID-19 products reveal that the ASEAN regional trade agreement is a stumbling block to the WTO's rules-based multilateral trading system. The results indicate that the home country's productive capacity, the host country's absorptive capacity, the countries' similarity in size and per capita income, and the countries' remoteness have positive and significant relationships with trade in COVID-19 products in ASEAN economies. This study provides several policy implications for Southeast Asian countries.

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Section: Estimation and Resultssupporting

confidence: 93%

Section: H1supporting

confidence: 58%

Is Trade in COVID-19 Products in ASEAN Economies a Building or Stumbling Block?

Uttama

2021

Journal of Economic Integration

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“…Literature Review Uzair and Nawaz (2020) 2018). They find that compared to China, Malaysia, and Sri Lanka FTAs are less effective for Pakistan.…”

Section: Reasons For the Surge Of Rtasmentioning

confidence: 99%

Pakistans Trade Efficiency with its Free Trade Agreements, Preferential Trade Agreements, and Major Trading Partners

Keeryo¹,

Abidi²,

Mumtaz³

2020

IRMBR

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Worldwide trade plays a significant part in encouraging Pakistan's economic growth and development. For further enhancing the trade, the concerned quarters or authorities have dynamically grown the number of free trade agreements with its trading nations. However, there are various reasons for the surge of RTAs/FTAs worldwide. In this study, we estimated the trade efficiency of Pakistan's exports and imports and its determinants. The stochastic gravity model was used with data from 13 countries starting from 1981 till 2018. The results suggest Pakistan's trade is much below its true potential. The trade efficiency of exports contributed more as compared to the trade efficiency of imports. The average trade efficiency of exports stands at 36% which is still lower than the potential. This implies that Pakistan needs to explore new markets and develop value-added products to achieve 100% efficiency. The average efficiency of imports of 20% reflects a lower contribution of trade within SAARC countries and others. The study further explores that reducing trade barriers and may lead to an increase in trade efficiency.

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Economic Effect and Resolution Idea of the THAAD Political Conflict on South Korea’s Exports to China

Wei-na

2021

The Chinese Economy

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The Epoch of Free Trade Agreements in Pakistan and Predominance of China

Cited by 3 publications

References 37 publications

Is Trade in COVID-19 Products in ASEAN Economies a Building or Stumbling Block?

Is Trade in COVID-19 Products in ASEAN Economies a Building or Stumbling Block?

Pakistans Trade Efficiency with its Free Trade Agreements, Preferential Trade Agreements, and Major Trading Partners

Economic Effect and Resolution Idea of the THAAD Political Conflict on South Korea’s Exports to China

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