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ID124302
Title ProperImperfect substitutes model in South Asia
Other Title InformationPakistan-India trade liberalization in the negative list
LanguageENG
AuthorGopalan, Sasidaran ;  Malik, Ammar A ;  Reinert, Kenneth A
Publication2013.
Summary / Abstract (Note)In large number of circumstances, trade policy modellers turn to partial equilibrium modelling in an imperfect substitutes framework. This article develops a formal representation of this imperfect substitutes model and applies it to trade liberalization within the negative list between Pakistan and India following Pakistan's decision to grant most favoured nation (MFN) status to India. It provides estimates for ranges of output and welfare effects for a number of sectors of interest. It sets these results within the history of Pakistan - India trade and the political economy of the negative list.
`In' analytical NoteSouth Asia Economic Journal Vol.14, No.2; 2013: p.211-230
Journal SourceSouth Asia Economic Journal Vol.14, No.2; 2013: p.211-230
Key WordsTrade Policy ;  South Asia ;  Pakistan - Trade Liberalization - India ;  India - Trade Relations - Pakistan ;  Trade Liberalization ;  Political Economy ;  Imperfect Substitutes Model ;  Pakistan ;  India ;  Trade