Decomposition of Pakistan’s Export Growth to APEC Markets

Shahida Wizarat¹, Arsalan Ahmed²

¹Department of Economics, Institute of Business Management (IoBM), Karachi, Pakistan.
²School of Economics, Shandong University, Jinan, China.

DOI: 10.4236/ojbm.2015.33029                

Abstract

We have tried to explore the major determinants of Pakistan’s exports to APEC Markets using the Constant Market Share (CMS) analysis for the period 2003 to 2012. The CMS technique decomposes the impact emanating from the world trade effect, the commodity composition effect, the market distribution effect and the competitiveness effect. We also suggest that policies can increase exports thus increasing foreign exchange earnings for the economy.

Keywords

Exports, Pakistan, APEC, Trade, Competitiveness, CMS

Conflicts of Interest

The authors declare no conflicts of interest.

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