A Note on the Consistency of Pakistan's Cotton-Cloth Statistics fot Recent Years

Stephen Jr.
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Stephen Jr.: Williams College, Williamstown, Mass., USA

The Pakistan Development Review, 1969, vol. 9, issue 4, 442-446

Abstract: This brief note is written in the hope that some further light can be shed on the cotton-textile situation in Pakistan, since available (and widely used)1 data appear to be internally inconsistent. There seems to be a rather startling inconsistency among the data (for the 1960's) on production, exports, and domestic prices of cotton cloth, given reasonable assumptions about the income and price elasticity of demand. The most likely explanation for the inconsistency is that the cotton~textile production figures are currently being underestimated, and that the growth rate of cotton-textiles is also being underestimated.

Date: 1969
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