02410nam a22002177a 4500999001900000008004100019100002800060245006900088260000900157300001200166520162300178650003001801650004401831650004601875650005901921700004101980773003202021906002702053942000702080952010502087  c510117d510117190724b           ||||| |||| 00| 0 eng d  aTaguchi, Hiroyuki97376  aTrade impacts of South Asian free trade agreements in Sri Lanka   c2019  ap.1-18.  aThis 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.  aInternational trade97377  aSouth Asian Free Trade Agreement 97378  aIndia SriLanka Free Trade Agreement97379  aSouth Asian Association for Regional Cooperation97380  aRubasinghe, Don Chalani Imasha97381  aSouth Asia Economic Journal  aFree trade - Sri Lanka  cAR  00102ddc40709384062aIIPAbIIPAd2019-07-24h20(1), Mar, 2019: p.1-18.pAR120105r2019-07-24yAR