Energy efficiency improvements owing to technological progress in the energy-using appliances and equipment lower effective price of energy services and, in turn, result into behavioural ex-post increase in the consumption of energy. Thus, on net basis technological progress negatively...

To study the consequences of an economic change on income distribution we rank distributions of income at different points in time and quantify the degree of income inequalities. Changes in income distribution can be ascertained either through drawing the Lorenz curves or through estimating...

The constant-market-Share technique provides useful information for analyzing export performance by allowing realised export growth to be separated into commodity composition, market diversification, world trade and export promotion effects. Furthermore, the analysis of export promotion effect...

Pakistan had an excellent growth record in economic sectors over the past 3D years, with an average annual growth rate of the GDP of over 6 percent. However, social development indicators could not grow in commensurate with the growth rate of the economy. Because of the past neglect of the...

The emerging role of the small and medium enterprises (SMEs) as a source of stimulating economic growth in Pakistan has attracted considerable attention by the present Government. Their significant contribution to national production and employment, coupled with important shares in exports, has...