Determinants of Exports Competitiveness: An Empirical Analysis through Revealed Comparative Advantage of External Sector of Pakistan | Zendy

Muhammad Saqib Irsahd | Zendy; Qi Xin | Zendy

Open Access

Determinants of Exports Competitiveness: An Empirical Analysis through Revealed Comparative Advantage of External Sector of Pakistan

Author(s) -

Muhammad Saqib Irsahd,

Qi Xin

Publication year - 2017

Publication title -

asian economic and financial review

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.215

H-Index - 10

eISSN - 2305-2147

pISSN - 2222-6737

DOI - 10.18488/journal.aefr.2017.76.623.633

Subject(s) - revealed comparative advantage , comparative advantage , clothing , international trade , competitive advantage , business , international economics , diplomacy , international market , economics , export performance , marketing , archaeology , politics , political science , law , history

In this paper, we have endeavored to analyze a sector-wise export performance of Pakistan using Revealed Comparative Advantage with the global market. Data for the period 2003-2015, Harmonized System (HS) 1988/92 developed by the World Customs Organization (WCO) are employed in the analysis. We have observed that Pakistan foreign trade concentrated limited products and markets for many years and there are no serious attempts to diversify its export share to the world.? Empirical results show that Pakistan is not a major trading player in the international trade. However, it is a major trading player in some of its export items such as, textile and clothing sector, Vegetable, and hides and skins sector which have prominent revealed comparative advantage. Pakistan should diversify its exports and improve its trade diplomacy.

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