TITLE:
Decomposition of Pakistan’s Export Growth to APEC Markets
AUTHORS:
Shahida Wizarat, Arsalan Ahmed
KEYWORDS:
Exports, Pakistan, APEC, Trade, Competitiveness, CMS
JOURNAL NAME:
Open Journal of Business and Management,
Vol.3 No.3,
July
10,
2015
ABSTRACT: We have tried to explore the major determinants of Pakistan’s exports to APEC Markets using the Constant Market Share (CMS) analysis for the period 2003 to 2012. The CMS technique decomposes the impact emanating from the world trade effect, the commodity composition effect, the market distribution effect and the competitiveness effect. We also suggest that policies can increase exports thus increasing foreign exchange earnings for the economy.