The weak enforcement of a rule of law is closely related to the prevalence of corruption. Corruption involves different types of rule-violations by bureaucrats, politicians and businesses where power is misused for private benefit. Not surprisingly, corruption is correlated with the weak...

This paper estimates allocative inefficiency in the manufacturing sectors of India and Pakistan. Based on an extension of the translog profit function approach, we propose a new method to the estimation of allocative inefficiency in two countries (or groups). The model is estimated using pooled...

The growth of a country can be gaged directly from its growing demand for energy. If the demand for energy is not met in-time then it would severely hamper growth leading to economic meltdown and collapse. Pakistan is a developing economy with a vast potential for industrialization. However, the...

We analyze the dynamics of public and private sector employment, using the natural experiment provided by the partial privatization of the Bangladeshi jute industry. A differences-in-differences approach allows us to infer ownership effects. Although the public sector had substantial excess...

We analyze the dynamics public and private sector employment, using the natural experiment provided by the partial privatization of the Bangladeshi jute industry. Although the public sector had substantial excess employment of workers initially, this excess was substantially eroded by the end of...

We analyse the dynamics of public and private sector employment in Bangladesh, using the natural experiment provided by the partial privatization of the jute industry. The public sector had substantial excess employment of workers initially, but this excess was substantially eroded by the end of...