Expenditure Elasticities in Rural West Pakistan
A.N.M. Rahman
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A.N.M. Rahman: Institute of Development Economics
The Pakistan Development Review, 1963, vol. 3, issue 2, 232-249
Abstract:
Internal co.nsistency o.f a develo.pment plan requires, amo.ng o.ther things, . so.me kno.wledge o.f the way in which increments o.f co.nsumptio.n expenditure w"ill be distributed amo.ng vario.us go.o.ds and services. This in turn requires, as the Second Five Year Plan emphasizesl , info.nnatio.n o.n co.nsumer budgets· and inco.me elasticities o.f demand. Mo.reo.ver, planning is no.t simply a matter o.f matching e-xpected spo.ntaneo. us co.nsumer demand with supply. Bo.th the level and pattern o.f co.nsumptio. n demand must be co.ntro.lled to' so.me extent if sufficient reso.urces are to' be mo.bilized fo.r develo.pment.
Date: 1963
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