THE IMPACT OF PREFERENTIAL TRADE AGREEMENTS ON SOUTH ASIAN EXPORT FLOWS: Using Matching Econometrics
Lubna Naz*,
Naeem-uz-ZAFAR** and
Mohsin Ahmad
Pakistan Journal of Applied Economics, 2019, vol. 29, issue 2, 243-264
Abstract:
This study investigates the effects of preferential trade agreements (PTAs) on export performance of four South Asian countries: Bangladesh, India, Pakistan and Sri Lanka. The study also examines the long-term PTAs’ average treatment effect (ATE) on South Asian export flows with their trade partners (intra and extra) around the world. The study provides a methodological comparison of parametric and non-parametric matching – Propensity Score Matching (PSM) technique. It is evident from the findings of the study that PSM provides more plausible estimates of PTAs. The empirical findings also reveal that PTA increases the South Asian export flows by 129 per cent. Moreover, the intra-regional and extra-regional export increases by 124 per cent and 93 per cent respectively over the period of 1980-2012. The overall findings suggest that PTA formation significantly increases intra and extra regional export flows of South Asian countries. Finally, the study recommends that the government and policymakers should execute more such agreements to boost trade among the regional countries.
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
http://www.aerc.edu.pk/wp-content/uploads/2019/12/Paper-807-LUBNA-NAZ-IV-1.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pje:journl:article29winiv
Access Statistics for this article
More articles in Pakistan Journal of Applied Economics from Applied Economics Research Centre Contact information at EDIRC.
Bibliographic data for series maintained by Samina Khalil ( this e-mail address is bad, please contact ).