Zahid, Shahid N.; Akbar, Muhammad; Jaffry, Shabbar A. - In: The Pakistan Development Review 31 (1992) 2, pp. 165-188
Pakistan's manufacturing sector is characterised by relatively high capital intensity and the level of absorption of labour in industry is low. This paper estimates the elasticities of substitution in Pakistan's large-scale manufacturing sector to determine the potential for switching to...