Abstract
Since, Pakistan is bound to follow the international agreement drafted by WTO (World Trade
Organization) to formulate trade policy which should be based on comparative and competitive
advantages in the international economy, therefore the present study was designed to examine the
specialization and competitiveness of Pakistan‟s major crops. For this purpose, Bela‟ Balassa‟s (1965)
indexes of Revealed Comparative Advantage (RCA) and Revealed Symmetric Comparative Advantage
(RSCA) were employed, and moreover, secondary data from reliable sources related to crops from
1980 to 2013 were extensively utilized. The major findings of this research study revealed that
Pakistan has a strong comparative and competitive advantage in rice, onion, dates, mango, mangoesteen and guava during the period ranging from 1980 to 2013. Similarly, Pakistan has higher
competitiveness in rice and mango at international level. Results also indicated that Pakistan has been
facing disadvantages in potatoes during 1980 to 1997, and banana during 1980 to 2009, however, it
was maintained but these vegetables/fruits have no competitiveness in the international market. The
present study concludes that Pakistan has an excellent capability (being and agriculturally based
economy) of higher growth of these products; therefore, these agricultural items could prove
themselves a good source for Pakistan to earn higher foreign exchange.
A. Ali, W. Akhtar, S. Ahmad, C. Honghua. (2020) REVEALED COMPARATIVE ADVANTAGE OF SELECTED AGRICULTURAL COMMODITIES OF PAKISTAN, Pakistan Journal of Agriculture, Agriculture Engineering & Veterinary Sciences, Volume 36, Issue 1.
-
Views
602 -
Downloads
67
Article Details
Volume
Issue
Type
Language
