Comparative Advantage of Leather Industry in Pakistan with Selected Asian Economies

Authors

  • Sadaf Shahab School of Economic Sciences, Federal Urdu University of Arts, Science and Technology, Islamabad
  • Muhammad Tariq Mahmood Assistant Professor, School of Economic Sciences, Federal Urdu University of Arts, Science and Technology, Islamabad

Abstract

The aim of this paper is to analyze the trade specialization in the leather products between some selected Asian economies, with particular focus on Pakistan. For which, a measure of Revealed Comparative Advantage (RCA Balassa Index) is used. The analysis shows that Pakistan has a high comparative advantage in leather products over all the selected economies during the period of study. The paper highlights the problems faced by the leather industry and identifies some immediate policy action to be taken to improve the performance of the leather industry in the light of evidence.

Keywords: Revealed Comparative advantage; Balassa Index; Exports; Skill Specialization

JEL Classifications: F10; F11; F12; F19

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Author Biographies

Sadaf Shahab, School of Economic Sciences, Federal Urdu University of Arts, Science and Technology, Islamabad

Lecturer, School of Economic Sciences, 

Muhammad Tariq Mahmood, Assistant Professor, School of Economic Sciences, Federal Urdu University of Arts, Science and Technology, Islamabad

Assiatant Professor, School of Economic Sciences

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Published

2012-12-04

How to Cite

Shahab, S., & Mahmood, M. T. (2012). Comparative Advantage of Leather Industry in Pakistan with Selected Asian Economies. International Journal of Economics and Financial Issues, 3(1), 133–139. Retrieved from https://econjournals.com/index.php/ijefi/article/view/298

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Articles