DETERMINANTS OF EXPORTS COMPETITIVENESS: AN EMPIRICAL ANALYSIS THROUGH REVEALED COMPARATIVE ADVANTAGE OF EXTERNAL SECTOR OF PAKISTAN
Journal Title: Asian Economic and Financial Review - Year 2017, Vol 7, Issue 6
Abstract
In this paper, we have endeavored to analyze a sector-wise export performance of Pakistan using Revealed Comparative Advantage with the global market. Data for the period 2003-2015, Harmonized System (HS) 1988/92 developed by the World Customs Organization (WCO) are employed in the analysis. We have observed that Pakistan foreign trade concentrated limited products and markets for many years and there are no serious attempts to diversify its export share to the world. Empirical results show that Pakistan is not a major trading player in the international trade. However, it is a major trading player in some of its export items such as, textile and clothing sector, Vegetable, and hides and skins sector which have prominent revealed comparative advantage. Pakistan should diversify its exports and improve its trade diplomacy.
Authors and Affiliations
Muhammad Saqib, Irsahd*| Ph.D Scholar at College of International Education, Tianjin University of Finance and Economics, Tianjin China, Qi Xin| President of College of International Education, Tianjin University of Finance and Economics, Tianjin, China
EFFECT OF DISAGREEMENT ON CORPORATE FINANCING POLICY AND INVESTMENT LEVEL
This study models firm?s financing policy and investment level when manager and outside investors has disagreement. It shows that the firm is more likely to over invest when the level of disagreement is high, and prefers...
MICROECONOMIC GASOLINE CONSUMPTION ANOMALIES IN MEXICO: 1997-2007
Economic expansion in Mexico has caused fuel consumption to increase. Because Mexico does not have sufficient refinery capacity, over 40 percent of total gasoline consumed is imported. This has implications for the bal...
THE DETERMINANTS OF THE FINANCING DECISIONS OF LISTED AND NON-LISTED FIRMS IN GHANA
The study examines the financing decisions of 19 listed companies in comparison with 16 non-listed companies in Ghana. The study tests some hypotheses related to capital structure determinants and debt policy decisions....
THE CAPITAL INVESTMENT DECISION UNDER INFLATION IN VIETNAM: A CASE STUDY
Inflation and its adverse impacts on the economy are attacking Vietnamese enterprises at two-digit level at present. The managers need the effective foreseeing tools to prepare their budget to be suit to the complex evol...
ASIA’S RESERVE ACCUMULATION: PART OF A NEW PARADIGM
So far, various contributions have failed to explain Asia?s fat foreign currency reserve accumulation. In this paper, I analyze reserve holding decisions in a wider social, political, and economic context. Using Weber?s...