Doha Round of WTO and the Rice Sector of Pakistan

Tahir Mukhtar

Zagreb International Review of Economics and Business, 2008, vol. 11, issue 2, 19-34

Abstract: This study evaluates the impacts of the trade liberalization under Doha Round on basmati rice in Pakistan using a partial equilibrium model. Price integration analysis shows that there is a stable long-run relationship between farm gate price and wholesale price and between wholesale price and world price of basmati and non-basmati rice. Direction of influence is from world price to wholesale price and from wholesale price to farm gate price. The welfare analysis indicates a net welfare gain for the nation as a whole under the Doha Round agricultural trade liberalization.

Date: 2008
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