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Prospects of Regional Economic Cooperation in South Asia by Gordhan Saini

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4

Regional trade in South Asia: findings from three indices

Abstract:

This chapter discusses the significance of South Asia in world GDP, members’ trade openness and the level of intra-regional trade. It provides findings from the trade intensity index (TII), the index of revealed comparative advantage (IRCA) and the trade complementarity index (TCI) over a period of time. The chapter attempts to examine the pattern in these three indices over time, and explores whether they provide significant evidence for promoting trade cooperation within the region.

Key words

trade intensity index

index of revealed comparative advantage

trade complementarity index

intra-regional trade

South Asia

South Asia in the world

In this chapter, three key indices ...

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