What is it about?
In this study, the impact of the China–Pakistan Free Trade Agreement (CPFTA) on the trade of agricultural products is explored by using the gravity model. Two Panel data sets, one for agricultural exports of China and one for agricultural exports of Pakistan were used. This contains data for agricultural exports and other macro-economic factors of China and Pakistan with 110 partner countries from 2001 to 2014. The Poisson Pseudo Maximum-Likelihood (PPML) technique of the gravity model was employed to analyze this data.
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Why is it important?
This study contributes to the literature by determining the potential effects of the CPFTA on agricultural trade. Policy makers will find the results of this study useful because they point out the impact of a bilateral trade agreement on trade of agricultural products.
Read the Original
This page is a summary of: Exploring the Gravity of Agricultural Trade in China–Pakistan Free Trade Agreement, Chinese Economy, November 2018, Taylor & Francis, DOI: 10.1080/10971475.2018.1481008.
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