http://dx.doi.org/10.31703/gssr.2019(IV-III).05
10.31703/gssr.2019(IV-III).05
Published : Sep 2019
Bureaucratic Efficiency as Determinant of Trade Openness in SAARC Countries
The study explores how bureaucratic efficiency effects international trade in Bangladesh, Pakistan, India, and Srilanka. A composite indicator of government effectiveness is used to measure bureaucratic efficiency and model is estimated by using the SYS-GMM. It is well recognized that bureaucratic efficiency is vital to the enhancement of trade, whereas the result shows that a negative relationship exists between bureaucratic efficiency and trade openness. Similarly, encouraging link exists between government size and international trade as the government provides different services to enhance the trade at the international market.
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Bureaucratic Efficiency, Democracy, Government Size, Trade Openness
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(1) Rabia Saghir
Assistant Professor, Faculty of Business and Technology, Foundation University Rawalpindi Pakistan.
(2) Muhammad Arshad Khan
Associate Professor,Department of Management Science, COMSATS Institute of Information Technology, Islamabad.
(3) Nazima Ellahi
Assistant Professor,Department of Management Science, Foundation University Rawalpindi Pakistan.