Assessing the impact of fta: a case study of pakistan- malaysia fta
The paper focuses on understanding the dynamics of pre and post Free Trade Agreement (FTA) agreement between Pakistan and Malaysia. It makes use of descriptive analysis and SMART model for simulating the impact of trade liberalization and its impact on the local and ASEAN economy. The impact is measured for top five export product of Pakistan and separate case of automobile sector of Pakistan understanding the changes in export, revenue, trade creation and diversion and welfare impact. The results from the descriptive analysis suggests trade in favor of Malaysia while simulation shows increase in export, welfare and trade diversion with automobile sector showing insignificant impact on welfare.
|Date of creation:||30 May 2014|
|Date of revision:||12 Jun 2014|
|Publication status:||Published in Global Journal of Economics Bilateral FTA case study and trade liberalization.Vol. 3(2014): pp. 5-21|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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- Sang‐Wook (Stanley) Cho & Julian P. Diaz, 2011.
"The Welfare Impact Of Trade Liberalization,"
Western Economic Association International, vol. 49(2), pages 379-397, 04.
- Sang-Wook (Stanley) Cho & Julian P. Diaz, 2008. "Welfare Impact of Trade Liberalization," Discussion Papers 2008-20, School of Economics, The University of New South Wales.
- Kimberly A. Clausing, 2001. "Trade creation and trade diversion in the Canada - United States Free Trade Agreement," Canadian Journal of Economics, Canadian Economics Association, vol. 34(3), pages 677-696, August.
- Vaqar Ahmed & Cathal O'Donoghue, 2010. "External Shocks in a Small Open Economy: A CGE - Microsimulation Analysis," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 15(1), pages 45-90, Jan-Jun.
- Vaqar Ahmed & Cathal O'Donoghue, 2009. "External Shocks in a Small Open Economy: A CGE-Microsimulation Analysis," Working Papers 0142, National University of Ireland Galway, Department of Economics, revised 2009.
- Greg Mastel, 2004. "The Rise of the Free Trade Agreement," Challenge, M.E. Sharpe, Inc., vol. 47(4), pages 41-61, July. Full references (including those not matched with items on IDEAS)
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