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Patterns of Industrial Growth in Pakistan

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  • STEPHEN E. GUISINGER

    (Pakistan Institute of Development Economics.)

Abstract

Research on developing countries over the past two decades has produced' an impressive body of evidence suggesting that there are important similarities, in the process of development among all countries. Cultural, political and social factors make their imprint on the development of individual countries, but thework of Kuznets, Chenery and others shows rather convincingly that key economic variables in the economy-the shares of industry, saving and government revenue in national income, for example-move in fairly predictable waysduring the process of growth. Chenery has shown through regression analysis. that just two economic variables-per capita income and foreign capital inflow -and one demographic variable-population size-are sufficient to explain a very high proportion of the differences in these structural characteristics among developing countries. (See Chenery [2]).

Suggested Citation

  • Stephen E. Guisinger, 1976. "Patterns of Industrial Growth in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 15(1), pages 8-27.
    • Handle: RePEc:pid:journl:v:15:y:1976:i:1:p:8-27
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    File URL: http://www.pide.org.pk/pdf/PDR/1976/Volume1/8-27.pdf
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    Cited by:

    1. Stephen Guisinger & Mohammad Irfan, 1980. "Trade Policies and Employment: The Case of Pakistan," NBER Chapters, in: Trade and Employment in Developing Countries, Volume 1: Individual Studies, pages 291-340, National Bureau of Economic Research, Inc.
    2. Ayesha Shoukat, 2020. "From Rags to Riches: Corporate Elite of Pakistan from 1947-1970," Asian Journal of Social Sciences and Management Studies, Asian Online Journal Publishing Group, vol. 7(1), pages 8-16.

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