Open AccessA Note on Growth and Structural Change in Pakistan's Manufacturing Industry 1954-1964 (Notes & Comments)
Author(s) -
M. L. Eysbnbach
Publication year - 1969
Publication title -
pakistan development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.154
H-Index - 26
ISSN - 0030-9729
DOI - 10.30541/v9i1pp.58-65
Subject(s) - protectionism , economics , capital good , capital (architecture) , manufacturing , substitution (logic) , production (economics) , raw material , international trade , business , economy , goods and services , macroeconomics , chemistry , archaeology , organic chemistry , marketing , computer science , history , programming language
Lewis and Soligo studied the growth and structural change inPakistan's manufacturing using a simple analysis of patterns ofmanufacturing growth [3]. Then, employing their results to re-examinethe generally accepted view of Pakis¬tan's industrial growth, they foundthat import substitution had not been largely confined to consumer-goodsindustries [3, p. 108] and concluded that it would be difficult toaccept the widely held hypothesis that distortions in industrial growthhad resulted from the protectionist policies pursued [3, p. 111]. Morespecifically, they rejected the hypothesis of Power and Radhu that thegreater protection accorded the consumer-goods industries wouldencourage the growth of domestic consumer-goods production usingimported capital goods and raw materials [3, p. 96].