Abstract
This analysis uses least squares and Heekman maximum likelihood estimation procedures with fixed effects to explore the role of economic growth in 36 developed and developing economies-categorised .is low-, lower-middle-, upper-middle-, and high-income- in explaining their agri-food import of 29 products from Pakistan during 1990 to 2000. We reject the hypothesis that the economic growth of these economies does not influence Pakistani agri- food product exports. However, the estimated income elasticities are statistically elastic only for lower-middle income countries, suggesting that their expenditure on Pakistani agri-food exports will increase disproportionately as their economies grow. 1 lence, lower-middle-income countries provide good export opportunities for Pakistan's agri-food products.
Original language | English |
---|---|
Pages (from-to) | 245-256 |
Number of pages | 12 |
Journal | Pakistan Development Review |
Volume | 50 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2011 |
Keywords
- Agri-food Trade
- Developing Countries
- Economic Growth
- Income Elasticities
ASJC Scopus subject areas
- Geography, Planning and Development
- Development