A Household Level Analysis of the Pakistan-Malaysia Free Trade Agreement

Datos Bibliográficos

ID2308553
AutoresMuhammad Aamir Khan (0000-0003-0334-9411, Department of Economics, COMSATS Institute of Information Technology (CIIT) Islamabad, Pakistan), Qaisar Mehmood (Department of Management Sciences, COMSATS Institute of Information Technology (CIIT) Islamabad, Pakistan), Muhammad Zakaria (0000-0001-5270-2694, Department of Economics, COMSATS Institute of Information Technology (CIIT) Islamabad, Pakistan), Muhammad Iftikhar Ul Husnain (0000-0002-3313-1838, Department of Economics, COMSATS Institute of Information Technology (CIIT) Islamabad, Pakistan)
Año2018
Volumen53
Número7
Páginas1062-1085
Fecha de publicación2018-11-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaJournal of Asian and African Studies (JOURNAL)
Identificadores de la revistaISSN: 0021-9096 • E-ISSN: 1745-2538
EditorialSAGE Publications Inc (PUBLISHER)
DOI10.1177/0021909618762568
OpenAlexW2791158713
IdiomaEN
Citas recibidas1
Referencias citadas34

Pakistan and Malaysia have a significant bilateral economic relationship. The Pakistan-Malaysia Free Trade Agreement (FTA) was signed in 2007, and was implemented in 2008. Pakistan's volatile exports to Malaysia never achieved a sustainable period of growth. Trade balance has not achieved significant changes even after 9 years of implementation of the agreement. With this backdrop, this study first quantifies the current FTA between Pakistan and Malaysia and then suggests changes that could be made to improve the outcome for Pakistan. A new global economic trade model is adapted to include more detailed information on Pakistan's labor and household groups into the Global Trade Analysis Project (GTAP) database. This allows for a more detailed analysis of the impact of the FTA on Pakistan at the household level. The results show that there is win-win scenario for both Pakistan and Malaysia if both are able to renegotiate the current FTA to get the same tariff concession as awarded to each other's trading partners

Bilateral trade · Business · China · Economics · Framework agreement · Free trade · Free trade agreement · Geography · International economics · International free trade agreement · International trade · Tariff · Trade agreement · Fiscal Policy and Economic Growth · Global trade and economics · International Development and Aid