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Author
Sharma Vipin (University School of Business Chandigarh University, Mohali Punjab, India), Kumar Vinod (Panjab University, India)
Title
Trade Potential under the SAFTA between India and other SAARC Countries: the Augmented Gravity Model Approach
Source
Statistics in Transition, 2021, vol. 22, nr 3, s. 81-97, aneks, tab., bibliogr. 35 poz.
Keyword
Współpraca, Integracja regionalna, Handel, Dane panelowe
Cooperation, Regional integration, Trade, Panel data
Note
summ.
Company
Południowoazjatyckie Stowarzyszenie Współpracy Regionalnej, Strefa Wolnego Handlu w Azji Południowej, Południowoazjatyckie Preferencyjne Porozumienie Handlowe (SAPTA)
South Asian Association for Regional Cooperation (SAARC), South Asian Free Trade Area (SAFTA), South Asian Preferential Trading Arrangement (SAPTA)
Abstract
The study attempts to analyse India's trade potential with other SAARC member states under the SAFTA agreement by means of the augmented gravity model, at annual frequency from 1992 to 2019 in general and from 2004 to 2019 in particular. The findings of this paper prove that the intra-regional trade volumes between SAARC countries can be increased and encouraged. Moreover, the research shows that it is important to introduce structural reforms aiming to boost trade with non-member states. It would be advisable for researchers to take into account the effect locational and infrastructural advantages have on transport costs through the application of a gravity model. Previous research has also demonstrated that the augmented gravity model may prove helpful in explaining some key features of South Asian trade, which traditional gravity models fail to do.(original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
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Bibliography
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ISSN
1234-7655
Language
eng
URI / DOI
http://dx.doi.org/10.21307/stattrans-2021-028
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