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Comparative Advantage and Competitiveness of Major Crops in Pakistan

Static and Price Risk Analysis - .
Book on DemandKartoniert, Paperback
200 Seiten
Englisch
VDM Verlag Dr. Müllererschienen am17.11.2010
Basic economic problem faced by all developing countries is the allocation of inherently limited resources to various alternatives ends. Exploitation of international competitiveness is the most appropriate criteria to act as guiding factor here. The present study is aimed at analyzing the agricultural comparative advantage of Pakistan and its implications for trade development. Four crops wheat, cotton, rice and sugarcane were selected. Policy Analysis Matrix (PAM) provides data for measurement of comparative advantage, competitiveness and policy distortions. Comparative advantage is being criticized for its "static" nature. Therefore, "Price Risk Analysis" is also carried out to evaluate alternate scenarios; utilizing the two softwares i.e. the "Best Fit" and @ Risk 4.5.3. The study would surely help the policy makers to assess the potential of investing in research and development of agriculture not only to maintain the current foothold but to further improve the competitiveness of Pakistan agriculture in international scenario. This study will also provide researchers and policy makers with information for formulation of food, agriculture and trade policies.mehr

Produkt

KlappentextBasic economic problem faced by all developing countries is the allocation of inherently limited resources to various alternatives ends. Exploitation of international competitiveness is the most appropriate criteria to act as guiding factor here. The present study is aimed at analyzing the agricultural comparative advantage of Pakistan and its implications for trade development. Four crops wheat, cotton, rice and sugarcane were selected. Policy Analysis Matrix (PAM) provides data for measurement of comparative advantage, competitiveness and policy distortions. Comparative advantage is being criticized for its "static" nature. Therefore, "Price Risk Analysis" is also carried out to evaluate alternate scenarios; utilizing the two softwares i.e. the "Best Fit" and @ Risk 4.5.3. The study would surely help the policy makers to assess the potential of investing in research and development of agriculture not only to maintain the current foothold but to further improve the competitiveness of Pakistan agriculture in international scenario. This study will also provide researchers and policy makers with information for formulation of food, agriculture and trade policies.
Details
ISBN/GTIN978-3-639-29740-9
ProduktartBook on Demand
EinbandartKartoniert, Paperback
Erscheinungsjahr2010
Erscheinungsdatum17.11.2010
Seiten200 Seiten
SpracheEnglisch
Artikel-Nr.10180755
Rubriken
GenreWirtschaft

Autor

Dr. Sofia Anwar, Ph.D: Studied Agricultural Economics at University of Agriculture, Faisalabad. About 14 years professional experience in Agriculture, Economics and Marketing fields, At present Assistant Professor at University of Sargodha, Sargodha (Punjab, Pakistan).