Import Substitution, Export Expansion And Consumption Liberalization

Azizur Khan
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Azizur Khan: Institute of Development Economics,

The Pakistan Development Review, 1963, vol. 3, issue 2, 208-231

Abstract: In recent literature attempts have been made (notably by Hollis B. Cheneryl) to analyse the factors responsible for industrialization. Based on an interindustry input-output table, this type of analysis relates the growth of industrial output to factors such as import substitution, domestic and fQreisn final demand expansion, and the expansion of intermediate demand. A simjIar analytical framework'applied to the case of Pakistan would be extremely useful in determining the pattern and characteristic features of our industrial expansion. Attempts to prepare a workable input-output table are, however, thwarted by the absence of necessary quantitative information\!. One, therefore, has to settle for a much more modest analytical framework in order to pursue a not very different objective.

Date: 1963
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