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The Economic Rate of Return in Small and Household Manufacturing Industries

Author

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  • MIR ANNICE MAHMOOD

    (Pakistan Institute of Development Economics, Islamabad)

  • SHAMIM A. SAHIBZADA

    (Pakistan Institute of Development Economics, Islamabad)

Abstract

Small-scaleand HO\lseholdManufacturing Industry can contribute to economic development by providing employment; creating jobs with low capital costs; building up a reservoir of skilled ilnd semi-skilledlabour; red\,cing income disparities as small-scalemanufacturing is widespread and not concentrated in any specific area or region; developing indigenous technology' and raising saving and investment within the country rather than being dependent on external sources. Small-scale manufacturing is also a potential breeding ground for the development of entrepreneurial talent which is of great importance in accelerating the developmental process. In Pakistan, the importance of the small-scalemanufacturing industry has not been given its due recognition. The various five-year plans mention small-scale industry but focus their main attention in other areas. For example, to quot

Suggested Citation

  • Mir Annice Mahmood & Shamim A. Sahibzada, 1988. "The Economic Rate of Return in Small and Household Manufacturing Industries," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 27(4), pages 875-885.
    • Handle: RePEc:pid:journl:v:27:y:1988:i:4:p:875-885
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    File URL: http://www.pide.org.pk/pdf/PDR/1988/Volume4/875-885.pdf
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    Cited by:

    1. Javaid Iqbal Khan, 2005. "Note: Intra-Model Employment Elasticities (A Case Study of Pakistan’s Small – Scale Manufacturing Sector)," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 10(1), pages 141-153, Jan-Jun.

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