Loading...
Please wait, while we are loading the content...
Similar Documents
Effect of China-Pakistan Economic Corridor on Bilateral Trade with Focus on Horticultural Commodities
| Content Provider | Semantic Scholar |
|---|---|
| Author | Ali, Tariq Huang, Jikun |
| Copyright Year | 2018 |
| Abstract | China is investing huge funds into Pakistan’s transport infrastructure under China Pakistan Economic Corridor. Both countries stand to benefit from these developments via improved trade and lower export prices. We use a global economics models (GTAP) to assess the effects of transport infrastructure by developing several policy scenarios in 2025. Our results show that both Pakistan and China will get positive effects in terms of GDP growth and welfare. The effects are particularly significant for Pakistan. In terms of mutual trade, Pakistan’s net exports of agricultural commodities to China will increase more than the exports of non-agricultural commodities. On the other hand, non-agricultural exports from China will improve significantly to Pakistan. Pakistan’s exports of agricultural and food commodities to China will see large positive changes. In horticultural products, the exports of vegetables from Pakistan to China show a much higher promise than those of fruits. Modernized marketing system will be need to tap this potential. Due to changing trade relations, there will be some adjustment in Pakistan’s production structure. Pakistan could experience some leveling of income due to slight increase in rural incomes. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.monash.edu/__data/assets/pdf_file/0011/1458848/Working-Paper-02.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
