WTO’s Trade Liberalisation, Agricultural Growth, and Poverty Alleviation in Pakistan

Chishti, Anwar F.; Malik, Waqar

doi:10.30541/v40i4iipp.1035-1052

Cited by 5 publications

(3 citation statements)

References 3 publications

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“…The proponents believe that by reducing the level of protection, domestic resources would automatically shift to the areas of comparative advantage. Chishti and Malik (2001) argue that when government takes measures to reduce duties and subsidies on agricultural trade, it results in increased efficiency in agricultural production due to increased competition from other countries. Producers of those agricultural products, which can fetch higher prices in international market, generally gain from the increased prices and larger market.…”

Section: Literature Reviewmentioning

confidence: 99%

Agricultural Terms of Trade in Pakistan: Issues of Profitability and Standard of Living of the Farmers

Khan¹,

Ahmed²

2022

pdr

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In the wake of the liberalised trade regime, Pakistan is undergoing structural adjustments. At the heart of the adjustments is liberalisation of markets and prices, including freeing the currency market, reducing industrial protection, and introducing financial austerity and macroeconomic stability. The agricultural sector is also undergoing these changes, which include eliminating export taxes and other trade restrictions and reducing producer subsidies (input and output subsidies). Such changes in the sector are critical as agriculture is the largest sector of Pakistan economy.

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Section: Literature Reviewmentioning

confidence: 99%

Agricultural Terms of Trade in Pakistan: Issues of Profitability and Standard of Living of the Farmers

Khan¹,

Ahmed²

2022

pdr

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“…If on the other hand the producer prices decline and so the consumer prices then consumers are the gainers and producers are the losers. When government takes measures to reduce duties and subsidies on agricultural trade it results in increased efficiency in agricultural production due to increased competition from other countries (Chishti and Malik 2002) [3].…”

Section: Literature Review A) Role Of Agricultural Prices In Agricultmentioning

confidence: 99%

A Study of Young Customers’ Preferences for Bank Selection in Pakistan

Khan¹,

Hyder²

2005

JISR-MSSE

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The government in Pakistan is designing new policies to cope up with the requirements of free trade regime. Agriculture apart from being the largest sector is also one of the most affected sectors of the economy. Changes in the tariffs and subsidies structure have largely affected the domestic input and output prices and the consumer prices. The question now is that whether the prospects for the people depending on crop income have improved in terms of profitability and standard of living or not?

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“…There are plenty of empirical studies regarding the role of agricultural growth vis-à-vis poverty alleviation in the context of Pakistan (for example, Amjad & Kemal, 1997;Anwar, Qureshi & Ali, 2004;Chishti & Malik, 2001;and Thirtle, Lin & Piesse, 2003). However, there are very few studies that have examined the impact of the services sector growth on poverty alleviation in Pakistan.…”

Section: Introductionmentioning

confidence: 99%

Linkages between Services Sector’s Growth and Poverty in Pakistan

Fatima

Azeem²,

Abbas

et al. 2014

South Asia Economic Journal

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Despite of the fact that poverty is one of the major issues concerning policy makers, it has received less attention with respect to its linkages with services sector growth. In this research study, an attempt was made to quantitatively explore the nexus between growth in services sector of Pakistan and its poverty reducing impact. A time series data ranging from 1951 to 2010 were used in this study. The services sector was disaggregated into six sub-sectors. An Augmented Dickey–Fuller test was applied to check the stationarity of the data. An Auto-Regressive Distributed Lag approach to co-integration and error correction model was applied to estimate long- and short-run coefficients, respectively. The results of the study indicate that growth in wholesale and retail trade and the ownership of dwelling reduce poverty only in the short run. Growth in finance and insurance worsen poverty. The greatest impacts on poverty reduction occur as result of growth in community services (CS) and transportation, storage and communication (TSC). Among all variables, community services were found highly significant with the coefficients 0.62 and 0.308 in the long run and short run respectively. Therefore, it was concluded that relatively more stress should be given on community services such as education, and health, etc., in order to reduce poverty in Pakistan.

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WTO’s Trade Liberalisation, Agricultural Growth, and Poverty Alleviation in Pakistan

Cited by 5 publications

References 3 publications

Agricultural Terms of Trade in Pakistan: Issues of Profitability and Standard of Living of the Farmers

Agricultural Terms of Trade in Pakistan: Issues of Profitability and Standard of Living of the Farmers

A Study of Young Customers’ Preferences for Bank Selection in Pakistan

Linkages between Services Sector’s Growth and Poverty in Pakistan

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