Trade, productivity and welfare effects of regional integration in South Asia
Access Status
Open access
Authors
Islam, Amirul
Date
2014Supervisor
Assoc. Prof. Ruhul Salim
Prof. Harry Bloch
Type
Thesis
Award
PhD
Metadata
Show full item recordSchool
School of Economics and Finance, Curtin Business School
Collection
Abstract
The thesis examines the impacts of the South Asian free trade agreement (SAFTA) on trade, productivity, and welfare of the member countries. When theoretically relevant variables are controlled for, it is found that the agreement is not effective in creating intra-regional trade flows and improving productivity of the region. India and Nepal gain welfare in the long run, while the others lose. Deeper integration, embracing factor flows, is required to make the agreement fruitful.
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