The role of global economic growth in Pakistani agri-food exports

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    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 languageEnglish
    Pages (from-to)245-256
    Number of pages12
    JournalPakistan Development Review
    Volume50
    Issue number3
    DOIs
    Publication statusPublished - 2011

    Keywords

    • Agri-food Trade
    • Developing Countries
    • Economic Growth
    • Income Elasticities

    ASJC Scopus subject areas

    • Geography, Planning and Development
    • Development

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