Comparative Costs, Factor Proportions and Industrial Efficiency in Pakistan

Nurul Islam
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Nurul Islam: Pakistan Institute of Development Economics

The Pakistan Development Review, 1967, vol. 7, issue 2, 213-246

Abstract: The paper presents, in Section I, new and additional evidence on the comparative costs of manufacturing industries in Pakistan. Furthermore, the findings of the present study are compared with those of earlier studies. Comparative costs in this context are defined as the ratios of ex-factory prices of specific domestic products to elf prices of closely competing imports. In Section II, it examines whether the tariff rates are an adequate index of the comparative cost ratios i.e .• in other words, whether the differences in the tariff rates reflect the differential cost structure of Pakistani industries? We also examine, in Section III, whether the available data provide any evidence on the relationship between the magnitude of cost disabilities of the Pakistani industries and their stage of infancy, i.e .•

Date: 1967
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