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Comparative Advantage, Complementarity, Market Diversification and Trade Instability : A Case Study of Pakistan


  • M. Aslam, Chaudhary

    () (Quaid-i-Azam University)


In this paper pattern of Pakistan's exports, comparative advantage of exports, Complementarity and commodity concentration of exports and export instability of Pakistan are analyzed. The mismatch between Pakistan's exports and world imports in also identified. Different indices have been utilized to draw empirical evidences, such as comparative advantage index, commodity concertration index, and export instability index and Complementarity index etc. The results of the study indicated that, form 1972 to 1998, the growth rate of Pakistan's exports has increased, despite the wide variation in growth rates of demand for exports, across the trading member states.

Suggested Citation

  • M. Aslam, Chaudhary, 2001. "Comparative Advantage, Complementarity, Market Diversification and Trade Instability : A Case Study of Pakistan," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 16, pages 568-589.
  • Handle: RePEc:ris:integr:0178

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    References listed on IDEAS

    1. Puga, Diego & Venables, Anthony J., 1997. "Preferential trading arrangements and industrial location," Journal of International Economics, Elsevier, vol. 43(3-4), pages 347-368, November.
    2. Huff, Karen & Thomas W. Hertel, 2001. "Decomposing Welfare Changes in GTAP," GTAP Technical Papers 308, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
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    4. Martin, Will J. & Warr, Peter G., 1994. "Determinants of agriculture's relative decline: Thailand," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 11(2-3), December.
    5. Martin,Will & Winters,L. Alan (ed.), 1996. "The Uruguay Round and the Developing Countries," Cambridge Books, Cambridge University Press, number 9780521586016, March.
    6. Puga, Diego & Venables, Anthony J, 1999. "Agglomeration and Economic Development: Import Substitution vs. Trade Liberalisation," Economic Journal, Royal Economic Society, vol. 109(455), pages 292-311, April.
    7. W. E. G. Salter, 1959. "Internal And External Balance: The Role Op Price And Expenditure Effects," The Economic Record, The Economic Society of Australia, vol. 35(71), pages 226-238, August.
    8. Jeffrey D. Sachs & Andrew Warner, 1995. "Economic Reform and the Process of Global Integration," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(1, 25th A), pages 1-118.
    9. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685.
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    More about this item


    Pakistan export Competition; Export Complementarity; Market Concentration;

    JEL classification:

    • F10 - International Economics - - Trade - - - General


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