当前位置: X-MOL 学术Comparative Economic Studies › 论文详情
Our official English website, www.x-mol.net, welcomes your feedback! (Note: you will need to create a separate account there.)
Does Peace Promote Bilateral Trade Flows? An Economic Analysis of Panel Data in Asian Perspective
Comparative Economic Studies Pub Date : 2021-06-28 , DOI: 10.1057/s41294-021-00155-2
Ghulam Shabbir , Amjad Naveed , Muhammad Ali Khan , Shabib Haider Syed

This study investigates the effect of peace on the bilateral trade flows of Pakistan under the framework of the gravity model. Specifically, we tested the impact of peace (using the Global Peace Index) in Pakistan relative to its 26 trading partners on trade flows from 2007 to 2018. Using system GMM estimation procedure that takes care of endogeneity issues, this study shows that the standard gravity model does not hold in the case of Pakistan. Therefore, it is important to investigate whether the peace in Pakistan and its trading partner promotes trade in the regions. Furthermore, the results indicate that a rise in the prevalence of peace in Pakistan relative to its trading nation has significantly and positively contributed to its trade flows. Besides, development of infrastructure improves trade flow due to low transportation cost. From a policy perspective, reducing conflict and promoting peace will further encourage neighboring countries to enhance trade relations, which will be beneficial for the whole region.



中文翻译:

和平促进双边贸易流动吗?亚洲视角下的面板数据经济分析

本研究在引力模型框架下研究了和平对巴基斯坦双边贸易流动的影响。具体而言,我们测试了 2007 年至 2018 年巴基斯坦相对于其 26 个贸易伙伴的和平(使用全球和平指数)对贸易流量的影响。使用处理内生性问题的系统 GMM 估计程序,本研究表明标准重力模式在巴基斯坦的情况下不成立。因此,重要的是调查巴基斯坦及其贸易伙伴的和平是否促进了该地区的贸易。此外,结果表明,相对于其贸易国而言,巴基斯坦和平程度的提高对其贸易流量产生了显着的积极贡献。此外,由于运输成本低,基础设施的发展改善了贸易流动。

更新日期:2021-06-28
down
wechat
bug