Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Buy Now $9.40
Standard view
Full view
of .
Save to My Library
Look up keyword or section
Like this
6Activity

Table Of Contents

1.1 Statement of the Problem
1.2 Objectives of the Study
2.1 Economic Growth
2.2 Growth of Major Economic Sectors
2.2.1 Agriculture Sector
2.2.2 Manufacturing Sector
2.2.3 Services Sector
2.3 Trends in Growth of Inputs
2.3.1 Investment and Savings
2.3.2 Trends in Employment and Wages
2.3.4 Trends in Exports, Imports and Balance of Payments
2.3.5 Energy Use and Trends in Infrastructure Development
2.4 Summary
3.1 Growth Accounting Approach
3.2 Index Number Approach
3.3 Econometric Approach
4.1 Introduction
4.2 Growth Accounting Method
4.3 Index Number Method
4.4 Econometric Method
4.4.1 The Translog Production Function
4.4.3 The CES Production Function
4.5 Description and Sources of Data
4.6 Issues Involved in the Estimation of TFP
4.7 Measurement of Variables
Appendix 4
A4-1 Estimation of Capital Stock
A4-2 Adjustment of the Capital Stock for Business Fluctuations
A4-3 Adjustment of Labour Input for Work Hours and Education
5.1 Introduction
Table 5.1: Trends in TFP Growth Rates during 1965-2005
5.2 Trends in Overall TFP Growth
5.2.1 Solow Residual (Adjusted)
5.2.2 Solow Residual (Un-adjusted)
5.2.3 Trends in overall TFP – International Comparisons
5.2.4 Index Numbers
5.3 Trends in Agriculture TFP Growth
5.3.1 Solow Residual (Adjusted)
5.3.2 Solow Residual (Un-Adjusted)
5.3.3 Agriculture TFP growth – International Comparison
5.4 Trends in Manufacturing TFP Growth
5.4.1 Solow Residual (Adjusted)
5.4.2 Solow Residual (Un-adjusted)
5.4.3 Manufacturing TFP Growth–International Comparison
5.5 Trends in Services Sector TFP Growth
5.5.1 Solow Residual (Adjusted)
5.5.2 Solow Residual (Un-adjusted)
5.5.3 Service Sector TFP growth–International Comparison
5.7 Econometric Estimation of TFP Growth
5.7.1 Estimation of Cobb-Douglas Production Function
5.7.1.1 TFP at the Aggregate Level
5.7.1.2 TFP in the Agriculture Sector
5.7.1.3 TFP in the Manufacturing Sector
5.7.1.4 TFP in the Services Sector
Appendix 5
6.4 Estimation and Interpretation of Results
6.5 Sources of TFP Growth: Agriculture Sector
6.5.1 Theoretical sources of TFP Growth: Agriculture Sector
6.5.1.3 Agriculture Credit
6.5.2 Interpretation of Results
6.6.1.2 Foreign Research and Development (FRD)
6.6.1.3 Foreign Direct Investment (FDI)
6.6.1.4 Import of Machinery and Transportation Equipment
6.6.1.5 Unit value Index of Manufacturing Exports
6.6.2 Interpretation of Results
6.7 Sources of TFP Growth: Services Sector
6.7.1.2 Workers’ Remittances
6.7.1.3 Share of New Investment in Capital Stock
6.7.1.4 Development Expenditures
P. 1
Pakistan Productivity Profile 1965-2005

Pakistan Productivity Profile 1965-2005

Ratings: (0)|Views: 215 |Likes:
Published by AuthorHouseBooks
This book is focused to point out sources of economic growth and estimation of total factor productivity (TFP) for the Pakistan economy, as a whole, as well as for its major sectors (agriculture, manufacturing, and services). For this purpose the study utilized three different techniques to obtain reliable estimates of TFP for Pakistan economy. These techniques are, growth accounting technique, index number technique and econometric technique. The study covers the period from 1965 to 2005. The empirical evidence indicates that traditional measures of TFP tend to overestimate, by ignoring variation in work hours, education and skills, as well as variation in capacity utilization resulting from business fluctuations. This study avoids pitfalls of earlier studies by improving upon reliable measures of factor inputs. This feature of the study makes it distinct from previous studies and enables it to provide reliable results. Hence, based upon such reliable results efficient economic policy may be formulated.
This book is focused to point out sources of economic growth and estimation of total factor productivity (TFP) for the Pakistan economy, as a whole, as well as for its major sectors (agriculture, manufacturing, and services). For this purpose the study utilized three different techniques to obtain reliable estimates of TFP for Pakistan economy. These techniques are, growth accounting technique, index number technique and econometric technique. The study covers the period from 1965 to 2005. The empirical evidence indicates that traditional measures of TFP tend to overestimate, by ignoring variation in work hours, education and skills, as well as variation in capacity utilization resulting from business fluctuations. This study avoids pitfalls of earlier studies by improving upon reliable measures of factor inputs. This feature of the study makes it distinct from previous studies and enables it to provide reliable results. Hence, based upon such reliable results efficient economic policy may be formulated.

More info:

Publish date: Sep 15, 2011
Added to Scribd: Sep 28, 2011
Copyright:Traditional Copyright: All rights reservedISBN:9781456793760
List Price: $9.40 Buy Now

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
See more
See less

12/09/2012

205

9781456793760

$9.40

USD

pdf

You're Reading a Free Preview
Pages 9 to 44 are not shown in this preview.
You're Reading a Free Preview
Pages 53 to 74 are not shown in this preview.
You're Reading a Free Preview
Pages 83 to 156 are not shown in this preview.
You're Reading a Free Preview
Pages 165 to 192 are not shown in this preview.
You're Reading a Free Preview
Pages 201 to 205 are not shown in this preview.

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->