000			01513nam a22001457a 4500
999			_c530610 _d530610
008			250625b ||||| |||| 00| 0 eng d
100			_aKhatir, Mustajab and Srivastava, Archana _954779
245			_aDeeper Trade Integration among South Asian and Southeast Asian Regions
260			_aEconomic & Political Weekly
300			_a60(23), Jun 14, 2025: p.49-56
520			_aThe possibility of deeper trade integration among South Asian and Southeast Asian nations is examined using a general equilibrium analysis. By relaxing the full employment assumption in the standard Global Trade Analysis Project model, the possibility of meaningful regional welfare gains through trade integration is explored. Two simulation scenarios indicate promising positive welfare effects and improved terms of trade, particularly benefiting the manufacturing sector in South Asia and the extraction and processed food sector in SEA. This provides solutions to the long-held issues of a relatively stagnant manufacturing sector. The welfare ecomposition of the simulations indicates that the gains to the endowments are more significant than the gains in allocative efficiency, suggesting that the natural resources are utilised more efficiently for regional integration. - Reproduced https://www.epw.in/journal/2025/24/special-articles/deeper-trade-integration-among-south-asian-and.html
650			_aglobal economic, trade integration, natural resources _954780
773			_0Economic & Political Weekly
942			_cAR