Author Affiliation

  • Dr. Ishrat Husain is Additional Secretary, Finance Department, Government of Sind Karachi, Pakistan.

Faculty / School

Faculty of Business Administration (FBA)

Was this content written or created while at IBA?

No

Document Type

Article

Source Publication

The Pakistan Development Review

Keywords

Employment, Industrial growth, West Pakistan

Disciplines

Economics | Growth and Development | Industrial Organization

Abstract

Employment has been one of the major explicit objectives of all development plans in Pakistan. The Third Five Year Plan estimated [3] that at least 255,000 additional employment opportunities would be created in West Pakistan in large-scale manufacturing sector. Although complete reliance on the date reported about employment in the C.M.I, is not recommended, the orders of magnitude can easily be seen. It appears from the statistics available that employment in this sector has increased by approximately 90,000- 100,000 only during these eight years. The average annual rate of growth of employment between 1954-1959/60 was 16.8%, slightly higher than 15.6% annual rate of output growth but this rate declined to 3.1% between 1959/60 and 1967/68 while output at factor cost rose by about 11.4%. The output elasticity of demand for labour thus works out to be 0.27 for this period. Implicit in these growth rates is the fact that labour productivity was increasing at an average of 8 % per year.

Citation/Publisher Attribution

Husain, I. (1974). Employment Aspects of Industrial Growth in West Pakistan. The Pakistan Development Review, 13(2), 211–221.

Note

The author is Additional Secretary, Finance Department, Government of Sind Karachi, Pakistan. Views expressed in this article are those of author's and do not in any way reflect the views of the Government of Sind. This paper forms part of the research project undertaken by the author while he was a fellow at the Centre for Development Economics, Williams College, Williamstown, Mass. USA. He is indebted to Professor Henry Bruton and Professor Gene Tidrick for their invaluable comments on an earlier draft of this paper. The author is indebted to Miss Seemin Anwar Khan, Staff Economist P1DE, for her assistance in the preparation of the final draft. The author alone is, however, responsible for all errors and omissions.

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