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Dynamic Effects of Agriculture Trade in the Context of Domestic and Global Liberalisation: A CGE Analysis for Pakistan

Author

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  • Rizwana Siddiqui

    (Pakistan Institute of Development Economics, Islamabad.)

Abstract

This paper studies dynamic effects of agriculture trade in the context of domestic and global liberalisation. Being the largest sector of the economy, the agriculture sector contributes substantially to the growth process. Using a small CGE model for Pakistan and a 2002 Pakistan Social Accounting Matrix as data base, the simulations are conducted to measure the effects of domestic agriculture trade liberalisation in isolation and in conjunction with changes in the world economy. The novelty of this paper is that it introduces dynamics in the Pakistani CGE model through capital accumulation. The results illuminate the greater effectiveness of agriculture trade liberalisation in promoting the overall growth process, given increased market access because of liberalisation in the world economy.

Suggested Citation

  • Rizwana Siddiqui, 2007. "Dynamic Effects of Agriculture Trade in the Context of Domestic and Global Liberalisation: A CGE Analysis for Pakistan," PIDE-Working Papers 2007:38, Pakistan Institute of Development Economics.
  • Handle: RePEc:pid:wpaper:2007:38
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    File URL: https://www.pide.org.pk/pdf/Working%20Paper/WorkingPaper-38.pdf
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    Cited by:

    1. Siddiqui, Rizwana, 2009. "Pakistan: Migration, Remittances, and Development," MPRA Paper 90152, University Library of Munich, Germany, revised 2010.

    More about this item

    Keywords

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    JEL classification:

    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • F15 - International Economics - - Trade - - - Economic Integration
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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