Abstract
This study evaluates the impacts of the trade liberalization under Doha Round on basmati rice in Pakistan using a partial equilibrium model. Price integration analysis shows that there is a stable long-run relationship between farm gate price and wholesale price and between wholesale price and world price of basmati and non-basmati rice. Direction of influence is from world price to wholesale price and from wholesale price to farm gate price. The welfare analysis indicates a net welfare gain for the nation as a whole under the Doha Round agricultural trade liberalization.
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Article Details
- Year: 2009
- Volume: 30
- Issue: 3
- Pages: 43 - 62
- Accepted: 25.05.2009
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DOI:
https://doi.org/10.5281/zenodo.20842178 -
Full Text (PDF)
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How to Cite?
Tahir Mukhtar (2009). Doha Round of WTO and the Rice Sector of Pakistan. Journal of Economic Cooperation and Development, 30(3), 43-62. https://doi.org/10.5281/zenodo.20842178
