02294nam a22002057a 4500 510117 510117 190724b ||||| |||| 00| 0 eng d Taguchi, Hiroyuki 7376 Trade impacts of South Asian free trade agreements in Sri Lanka 2019 p.1-18. This article aims to examine the trade effects of the South Asian Free Trade Agreement (SAFTA) with a focus on Sri Lanka, by applying a gravity trade model. The study targets the following three FTAs: the SAFTA, the India–Sri Lanka Free Trade Agreement (ISFTA), and the Pakistan–Sri Lanka Free Trade Agreement (PSFTA). The outcomes of the gravity trade model estimation suggested that the trade creation effects were identified in the ISFTA, while those were not verified in the SAFTA and that the PSFTA had the trade creation effects only on the Sri Lankan imports. Those results seem to reflect the differentials in the preferential tariff rates. In particular, ISFTA could have the predominant positive effects on Sri Lankan trade flows due to its lowest preferential tariff rates, and thus the SAFTA effect might be crowded out at the current stage of Sri Lankan trade. model. The study targets the following three FTAs: the SAFTA, the India–Sri Lanka Free Trade Agreement (ISFTA), and the Pakistan–Sri Lanka Free Trade Agreement (PSFTA). The outcomes of the gravity trade model estimation suggested that the trade creation effects were identified in the ISFTA, while those were not verified in the SAFTA and that the PSFTA had the trade creation effects only on the Sri Lankan imports. Those results seem to reflect the differentials in the preferential tariff rates. In particular, ISFTA could have the predominant positive effects on Sri Lankan trade flows due to its lowest preferential tariff rates, and thus the SAFTA effect might be crowded out at the current stage of Sri Lankan trade. Reproduced. International trade 7377 South Asian Free Trade Agreement 7378 India SriLanka Free Trade Agreement 7379 South Asian Association for Regional Cooperation 7380 Rubasinghe, Don Chalani Imasha 7381 South Asia Economic Journal Free trade - Sri Lanka AR 0 0 ddc 0 0 384062 IIPA IIPA 2019-07-24 20(1), Mar, 2019: p.1-18. AR120105 2019-07-24 AR