A theory-based graphical analysis of WTO's trade liberalization policies (opening of close-economy to international trade and cuts in price-supports, import-tariffs and export-subsidies) suggests that most of such policies would yield net social gains to the society, as a whole. The adverse...

While there is no dearth of regression analyses or linear programming models reviewing the agricultural performance of Pakistan, hardly any study has used a price endogenous mathematical programming model to simulate the ex ante effects of new policies on consumers and producers simultaneously....

This peace of research has been conducted, as part of PhD research of the first author, with the objectives to (i) identify various protection policies and interventions exercised in Basmati rice economy in Pakistan (ii) estimate welfare effects associated with existing protection policies and...

A simultaneous-equations model was used to capture the supply and demand functions for Pakistan’s wheat sector at the national level. This model reflects the fact that Pakistan’s domestic wheat supply is priceresponsive and positively affected by the use of nutrient fertilizers. While price...

This paper examines the welfare effects of trade liberalization on Basmati rice within Pakistan’s economy. Welfare gains (or losses) in terms of consumer and producer were estimated for the pre- and post-WTO periods. Welfare gains associated with the then existing protection policies were...