Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/266272 
Year of Publication: 
2021
Citation: 
[Journal:] Statistics in Transition New Series [ISSN:] 2450-0291 [Volume:] 22 [Issue:] 3 [Publisher:] Exeley [Place:] New York [Year:] 2021 [Pages:] 81-97
Publisher: 
Exeley, New York
Abstract: 
The study attempts to analyse India's trade potential with other SAARC member states under the SAFTA agreement by means of the augmented gravity model, at annual frequency from 1992 to 2019 in general and from 2004 to 2019 in particular. The findings of this paper prove that the intra-regional trade volumes between SAARC countries can be increased and encouraged. Moreover, the research shows that it is important to introduce structural reforms aiming to boost trade with non-member states. It would be advisable for researchers to take into account the effect locational and infrastructural advantages have on transport costs through the application of a gravity model. Previous research has also demonstrated that the augmented gravity model may prove helpful in explaining some key features of South Asian trade, which traditional gravity models fail to do.
Subjects: 
Cooperation/integration
augmented gravity model
panel data
trade potential
SAARC
SAPTA
SAFTA
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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