Analysis of Regional Trade Block and Agricultural Productivity: Impact of SAFTA (South Asian Free Trade Agreement) on Economic Growth of Pakistan by Using CGE Model

Article

Iqbal, Muhammad Shahzad, Khoso, Imamuddin, Shar, Amir Hussain, Shafiq, Kamran and Shaikh, Faiz Muhammad. 2010. "Analysis of Regional Trade Block and Agricultural Productivity: Impact of SAFTA (South Asian Free Trade Agreement) on Economic Growth of Pakistan by Using CGE Model." Asian Social Science. 6 (12), pp. 160-166. https://doi.org/10.5539/ass.v6n12p160
Article Title

Analysis of Regional Trade Block and Agricultural Productivity: Impact of SAFTA (South Asian Free Trade Agreement) on Economic Growth of Pakistan by Using CGE Model

ERA Journal ID40949
Article CategoryArticle
AuthorsIqbal, Muhammad Shahzad (Author), Khoso, Imamuddin (Author), Shar, Amir Hussain (Author), Shafiq, Kamran (Author) and Shaikh, Faiz Muhammad (Author)
Journal TitleAsian Social Science
Journal Citation6 (12), pp. 160-166
Number of Pages7
Year2010
Place of PublicationCanada
ISSN1911-2017
1911-2025
Digital Object Identifier (DOI)https://doi.org/10.5539/ass.v6n12p160
Web Address (URL)https://www.ccsenet.org/journal/index.php/ass/article/view/8467
Abstract

The current research highlights the trade among under the regime of South Asian Free Trade Agreements specially focus on trade with India. The Regional Block trade has given importance to the host as well receiving countries. Data were collected from various secondary sources and analysis by using Computable General Equilibrium model by using GEM pack. The regional trade among the Block countries are given absolutely and comparative advantage among various countries in the Blocks. The recent trade development shows positive
results among the member countries specially in the context of free trade among South Asian Countries. ASEAN,
NAFTA, MESUER trade gaining importance in the world and regional block trade has effect on the economies
of the country. It was revealed that block trade has positive impact not only the countries economy but also
welfare of the importing and host countries among the regional block.

KeywordsSAFTA; Economy; Agriculture; Trade liberalization; FTA
ANZSRC Field of Research 2020380101. Agricultural economics
380110. International economics
Byline AffiliationsUniversity of Faisalabad, Pakistan
University of Sindh Jamshoro, Pakistan
Shah Abdul Latif University, Pakistan
COMSATS University Islamabad, Pakistan
Zulfiqar Ali Bhutto Agricultural College, Pakistan
Institution of OriginUniversity of Southern Queensland
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