School of Professional Advancement (SPA)

Permanent URI for this community

https://escholar.umt.edu.pk/handle/123456789/254

Browse

Browsing School of Professional Advancement (SPA) by Subject "Agricultural Sector"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    From comparative towards competitive advantage of Pakistan's agricultural sector: the analysis of one decade
    (Socialo Zinatnu Vestnesis, 2011) Khalil Arbi; Boronenko, Vera
    This paper aims at evaluating the performance of Pakistan in agricultural sector during the time period of one full decade from 1995 to 2004. During the study authors have analysed comparative advantage of Pakistan in various agricultural products. The guidelines for the policy makers of Pakistan agricultural sector which could help to convert comparative advantage into competitive one are presented by this paper. Results of the research give information on the export share of agricultural products of Pakistan in international markets, reflecting export trends, as well as comparative and competitive advantage presented by agricultural products for Pakistan. The authors of this research have used methods which are widely applied in international research, such as Balassa index and Vollrathís indices of Revealed Comparative Trade Advantage: RTA, lnRXA and RC. This paper is composed of five chapters. The first chapter contains the introduction part and the second chapter contains a theoretical part with a definition of comparative and competitive advantage. Also, the second chapter includes the description of methodology for measuring the comparative advantage based on analysis of various theories, as well as M. Porterís model of competitive advantage complemented by authors. The third chapter provides information about performance of Pakistanís agricultural sector. In the fourth chapter the results of the authorsí empirical research of comparative advantage for all the selected products of the Pakistani agricultural sector are presented. The fifth chapter includes conclusions and authorsí recommendations for the Pakistanís government related to conducting the agricultural policy. The novelty of this research is based on the analysis of comparative advantage of Pakistanís agricultural sector in the context of the possibility of its transference into competitive advantage, showing that during the analysed decade the unit weight of agricultural products with comparative advantage is growing, but at the same time these products generally are raw materials with minimal added value which do not provide competitive advantage for Pakistanís agricultural sector. Research findings show that although Pakistan has natural comparative advantage in the agricultural production, still a lot has to be done to transfer its comparative advantage into more competitive one.