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Tariff Protection, Import Substitution and Investment Efficiency

Author

Listed:
  • RONALD SoLIDO

    (Pakistan Institute of Development Economics)

  • JOSEPH J. STERN

    (Pakistan Institute of Development Economics)

Abstract

The import substitution effort will have to be intensified, pacticuiarly in capital goods and intermediate products, like base metals. chemicals, petroleum products and non-metallic minerals ... The scarcity price of foreign exchange should be appropriately reflected to the eCGn:>my so that there is an incentive to use less foreign exchange and more domestic resources. This will call for a revision in the present tariff policy

Suggested Citation

  • RONALD SoLIDO & JOSEPH J. STERN, 1965. "Tariff Protection, Import Substitution and Investment Efficiency," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 5(2), pages 249-270.
  • Handle: RePEc:pid:journl:v:5:y:1965:i:2:p:249-270
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    File URL: http://www.pide.org.pk/pdf/PDR/1965/Volume2/249-270.pdf
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    Cited by:

    1. Ul Haque, Nadeem & Siddiqui, Rizwana, 2007. "Nominal and Effective Rates of Protection by Industry in Pakistan: A Tariff Based Analysis," MPRA Paper 90347, University Library of Munich, Germany, revised 2016.
    2. Akmal Hussain, 2004. "Institutions, Economic Structure and Poverty in Pakistan," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 5(1), pages 69-102, March.
    3. Irwin, Douglas A., 2021. "The rise and fall of import substitution," World Development, Elsevier, vol. 139(C).

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