The importance of consistent and reliable data cannot be over emphasised. The main sources of data relating to Pakistan's large-scale manufacturing industries have been the periodical censuses of manufacturing industries (CMls) which collect data on capital stock, value of output, value added,...

It is a well-known fact that capital is scarce in most of the developing countries and thus some of the production factors, such as labour, remain -unemployed, leading toa lower growth rate of G.N.P. than would be possible under. full employment. Additions to the stock of capital not only...

The domestic resources of the developing countries are usually too limited even to permit a steady maintenance of their per capita income. In their attempt to improve the level of their per capita income, such countries resort to the strategy of increasing their growth rate by relying on foreign...

Over the period 1949/50 to 1970/71, Pakistan's large-scale manufacturing sector grew at a compound rate of more than 15 per cent. Its share of GNP increased during this period from 1.5 per cent to 9.4 per cent. Various factors contributed to this growth, not the least of which were the various...

In an earlier study [1, pp. 407-415] it was assumed that a linear production function would be the best to depict the relationship between wheat production and explanatory variables in the Punjab. After a careful scrutiny, four of the explanatory variables, viz., area under Mexican Wheat...

The international trade theories assume complete information on demand, supply, prices, product specification and technologies but such assumptions generally do not hold. In particular information is inadequate for both the importers and exporters to make optimal choices. Obviously countries...

This paper examines the growth and patterns of industrial production and investment activities in Pakistan during the last fifty years, 1947–1997. The industrial strategies pursued so far and the levels of efficiency and protection in the manufacturing industries are also examined. It shows...

Irrigation plays a crucial role in improving agricultural productivity, it has resulted in waterlogging and salinity problems in Pakistan due to both water seepage from canals and overdoses of water encouraged by inappropriate water pricing practices. As many as 2.2 million hectares of land...

The paper examines changes in the levels of efficiency as a result of privatisation in Pakistan. By comparing the growth rates of the privatised industries in pre- and post- Privatisation period, changes in relative prices and the rate of return on equity, it concludes that producers may have...