The Domestic Prices of Imported Commodities in Pakistan A Further Study

Mohiuddin Alamgir
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Mohiuddin Alamgir: Pakistan Institute of Development Economics

The Pakistan Development Review, 1968, vol. 8, issue 1, 35-73

Abstract: A system of effective quantitative restrictions on the supply of imported commodities will raise domestic prices of imports to levels well above their landed cost, i.e., price plus taxes, tariffs, and a normal markup. In 1965, Pal estimated the magnitude of such scarcity premia for a number of important commodities for East and West Pakistan [1; 2]1. His study has proved very useful both in measuring the influence of quantitative restrictions on the price of imports and, equally important, in showing the structure or incidence of restriction-induced profits-:-their distribution among consumption, intermediate and capital goods and their incidence relative to import policy.

Date: 1968
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