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Real Wages of Industrial Workers in Pakistan: 1954 to 1970

Author

Listed:
  • STEPHEN GUISINGER

    (Pakistan Institute of DeveJopment Economics, Islamabad)

  • MOHAMMAD IRFAN

    (Pakistan Institute of DeveJopment Economics, Islamabad)

Abstract

Wages perform a number of vital economic functions in all societies. They allocate labour among different branches of the economy according to demand and supply conditions. ,They provide signals regarding the type and level of skills required for growth. They dictate, along with the price of capital, the proportions in which labour and capital are combined in production. And they establish incentives for the internal migration of labour among the regions of a country and between the rural and urban sectors. Like most developing countries today, Pakistan faces an employment problem of major proportions and the solution of this employment problem may very well rest in the adoption of an appropriate labour policy-especially a well-designed wage policy-that allows wages to perform these functions in an effective and efficient manner.

Suggested Citation

  • Stephen Guisinger & Mohammad Irfan, 1974. "Real Wages of Industrial Workers in Pakistan: 1954 to 1970," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 13(4), pages 363-388.
    • Handle: RePEc:pid:journl:v:13:y:1974:i:4:p:363-388
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    File URL: http://www.pide.org.pk/pdf/PDR/1974/Volume4/363-388.pdf
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    Citations

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    Cited by:

    1. Mohammad Irfan, 2009. "Pakistan’s Wage Structure, during 1990-91–2006-07," PIDE-Working Papers 2009:54, Pakistan Institute of Development Economics.
    2. Muhammad Irfan, 2010. "A Review of the Labour Market Research at PIDE 1957-2009," PIDE Books, Pakistan Institute of Development Economics, number 2010:1 edited by Rashid Amjad & Aurangzeb A. Hashmi.
    3. Mohammad Irfan, 2009. "Pakistan’s Wage Structure, during 1990-91–2006-07," Labor Economics Working Papers 22979, East Asian Bureau of Economic Research.
    4. Abdul Qayyum & Idrees Khawaja & Asma Hyder, 2008. "Growth Diagnostics in Pakistan," PIDE-Working Papers 2008:47, Pakistan Institute of Development Economics.
    5. Muhammad Zubair Khan, 1979. "Estimation of Shadow Prices for Project Evaluation in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 18(2), pages 129-145.
    6. Zafar A. Shaheed, 1979. "Union Leaders, Worker Organization and Strikes: Karachi 1969‐72," Development and Change, International Institute of Social Studies, vol. 10(2), pages 181-204, April.
    7. Mohammad Irfan & Meekal Aziz Ahmed, 1985. "Real Wages in Pakistan: Structure and Trends,1970-841," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 24(3-4), pages 423-440.

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