期刊名称:International Journal of Advances in Engineering and Management
电子版ISSN:2395-5252
出版年度:2020
卷号:2
期号:1
页码:1041-1051
语种:English
出版社:IJAEM JOURNAL
摘要:The trade deficit has always been one of the major critical problems of Pakistan. Despite various policies and measures adopted in the past, this chronic problem is still creating a source of instability in the economy. This paper attempts to analyze commodities having comparative advantage and identify potential exports products in case of Pakistan. The study uses data relating to export and import of all SITC (Standard International Trade Classification) commodities at three-digit level at three points of time i.e. 2000, 2014 and 2015. For empirical consideration, normalized revealed comparative advantage and product mapping techniques are applied. The study pinpoints that Pakistan‟s revealed comparative advantage comprises of primary products and unskilled labor intensive products. Similarly, this study also identifies commodities having export potentials which will help to enhance Pakistan‟s export and will reduce the trade deficit.