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Doha Round of WTO and the Rice Sector of Pakistan

Author

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  • Tahir Mukhtar

    (Department of Economics, Fatima Jinnah Women University, Rawalpindi, Pakistan)

Abstract

This study evaluates the impacts of the trade liberalization under Doha Round on basmati rice in Pakistan using a partial equilibrium model. Price integration analysis shows that there is a stable long-run relationship between farm gate price and wholesale price and between wholesale price and world price of basmati and non-basmati rice. Direction of influence is from world price to wholesale price and from wholesale price to farm gate price. The welfare analysis indicates a net welfare gain for the nation as a whole under the Doha Round agricultural trade liberalization.

Suggested Citation

  • Tahir Mukhtar, 2008. "Doha Round of WTO and the Rice Sector of Pakistan," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 11(2), pages 19-34, November.
    • Handle: RePEc:zag:zirebs:v:11:y:2008:i:2:p:19-34
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