Does regional integration affect efficiency and productivity growth? Empirical evidence from south asia

This article examines the impact of intra-regional trade creation initiatives through the South Asian free trade agreement on various aspects of efficiency and productivity growth in South Asia. Applying both stochastic frontier and data envelopment analyses on panel data, this study finds that most...

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Main Authors: Islam, A., Salim, Ruhul, Bloch, H.
Format: Journal Article
Published: 2016
Online Access:http://hdl.handle.net/20.500.11937/4245
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author Islam, A.
Salim, Ruhul
Bloch, H.
author_facet Islam, A.
Salim, Ruhul
Bloch, H.
author_sort Islam, A.
building Curtin Institutional Repository
collection Online Access
description This article examines the impact of intra-regional trade creation initiatives through the South Asian free trade agreement on various aspects of efficiency and productivity growth in South Asia. Applying both stochastic frontier and data envelopment analyses on panel data, this study finds that most countries in South Asia have suffered from a total factor productivity decline, even after the 2006 implementation of the regional free trade agreement. There are, however, substantial variations in technical inefficiencies and total factor productivity growth among the South Asian countries, suggesting possibilities of productivity improvement for lagging countries through cross-border resource flows.
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spelling curtin-20.500.11937-42452017-09-13T14:45:09Z Does regional integration affect efficiency and productivity growth? Empirical evidence from south asia Islam, A. Salim, Ruhul Bloch, H. This article examines the impact of intra-regional trade creation initiatives through the South Asian free trade agreement on various aspects of efficiency and productivity growth in South Asia. Applying both stochastic frontier and data envelopment analyses on panel data, this study finds that most countries in South Asia have suffered from a total factor productivity decline, even after the 2006 implementation of the regional free trade agreement. There are, however, substantial variations in technical inefficiencies and total factor productivity growth among the South Asian countries, suggesting possibilities of productivity improvement for lagging countries through cross-border resource flows. 2016 Journal Article http://hdl.handle.net/20.500.11937/4245 10.1111/rurd.12048 restricted
spellingShingle Islam, A.
Salim, Ruhul
Bloch, H.
Does regional integration affect efficiency and productivity growth? Empirical evidence from south asia
title Does regional integration affect efficiency and productivity growth? Empirical evidence from south asia
title_full Does regional integration affect efficiency and productivity growth? Empirical evidence from south asia
title_fullStr Does regional integration affect efficiency and productivity growth? Empirical evidence from south asia
title_full_unstemmed Does regional integration affect efficiency and productivity growth? Empirical evidence from south asia
title_short Does regional integration affect efficiency and productivity growth? Empirical evidence from south asia
title_sort does regional integration affect efficiency and productivity growth? empirical evidence from south asia
url http://hdl.handle.net/20.500.11937/4245