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This study aims to analyze the impact of the China-Pakistan Regional Trade Agreement on Pakistan’s exports. We applied … the gravity trade model using the Poisson Pseudo Maximum Likelihood (PPML) estimator for export data for a period of 16 …
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predictions. The present contribution applies the constrained panel PPML estimator to reconsider the trade creation and trade … diversion effects of regional trade agreements. Results show significant trade creation effects of RTAs ranging in between 8 ….7 and 21.7 percent in 2012, but also point to substantial trade diversion in the range of -14.4 and -5.8 percent. These …
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