Amjad, Rashid (1977): Profitability and industrial concentration in Pakistan. Published in:
Download (866Kb) | Preview
Industrial concentration has been an important political issue in Pakistan. White [1974} recently established a relationship between concentration and the return on capital in a sample of company accounts. This study, based on census material, reexamines the problem with a wider coverage and using the pricecost margin, rather than the return on capital, as the measure of profitability. Concentration and a number of other variables are related to price-cost margins in twenty-five industries between 1965-70. Concentration emerges as the most important explanatory variable but the level of imports and capacity utilisation are also significant.
|Item Type:||MPRA Paper|
|Original Title:||Profitability and industrial concentration in Pakistan|
|Keywords:||Industrial development: Cost benefit analysis: Pakistan|
|Subjects:||L - Industrial Organization > L5 - Regulation and Industrial Policy > L52 - Industrial Policy; Sectoral Planning Methods|
|Depositing User:||khurram iqbal|
|Date Deposited:||30. Nov 2011 12:25|
|Last Modified:||12. Feb 2013 16:30|
Amjad, R., 1974, Industrial Concentration and Economic Power in Pakistan, (South Asian Institute, Punjab University, Lahore).
Amjad, R., 1973, 'Growth, Profitability and Savings of Quoted Companies 1964-70', Pakistan Economic and Social Review, Vol. XI, No.4, December 1973.
Benishay, N., 'Concentration and Price-Cost Margins: A Comment', Journal of Industrial Economics, November 1967, 1973-74.
Bruton, H. J., and Bose, S. R, 1963, 'The Pakistan Export-Bonus Scheme', Monograph 11, Pakistan Institute of Development Economics, Karachi 1963.
Collins, N., and L. Preston, 1968, Concentration and Price-Cost Margins in Manufacturing Industries, (University of California Press, Berkeley).
Dawn, Karachi, English Daily.
Fazili, M. A., 1969, Pharmaceutical Industry in West Pakistan, Directorate of Industries, Government of West Pakistan.
Govt. of Pakistan, 1967, Report of the Working Group on Import Policy, Ministry of Commerce (1967).
Govt. of Pakistan, 1965, Report of the Anti-Cartel Study Group.
Govt. of Pakistan, Census of ManUfacturing Industries (1965/66, 1966/67 and 1969170) (Central Statistical Office).
Govt. of Pakistan, Summary Statistics of Census of Manufacturing Industries 1967/68, Monthly Statistical Bulletin Vol. 20, No.5, May 1972 (Central Statistical Office).
Govt. of Pakistan, Monthly Statistical Bulletin, Central Statistical Office.
Govt. of Pakistan, Report of Suroey on Capacity Utilisation by Manufacturing Industries 1965, (Central Statistical Office).
Govt. of Pakistan, Directory of Industrial Establishments in Pakistan Vol. 110 ill, (1972) (Department of Investment Promotion and Supplies, Karachi.)
Govt. of West Pakistan, Directory of Industrial Establishments in W. Pakistan, (March 1969).
Haq, K., and M. Baqai, 1967, 'Savings and Financial Flows in the Corporate Sector, 1959-63', Pakistan Developmeflt Review, Vol. III, No.3, Autumn 1967.
Hazari, K., 1966, Corporate Private Sector, Bombay, Asia Publishing House.
Holterman, S., 1973, 'Market Structure and Economic Performance in U.K. Manufacturing Industries', Journal of Industrial Economics, Vol. XXII, No.2, 1973.
Islam, N., 1967, 'Comparative Costs, Factor Proportions and Industrial Efficiency in Pakistan', Pakistan Development Review, Vol. VII, No.2, Summer 1967.
International Bank for Reconstruction & Development, 1970, Industrialisation of Pakistan, Vol. II, March 1970.
Jafri, S. J., 1969, Woollen and Worsted Industry in West Pakistan, Directorate of Industries, Govt. of West Pakistan.
Khalilzadeh, S. J., 1914, 'Market Structure and Price-Cost Margins in the United Kingdom Manufacturing Industries', Review of Economics.t Statistics, Vol. VI, No.1, 1974.
Lewis, S. R, 1970, Pakistan-Industrialisation and Trade Policies, (Oxford University Press).
Lewis, S., and S. E. Guisinger, 1971, The Structure of Protection in P4kistan in The Structure of Protection in Developing Countries, Bela BaiaSSa ed. Baltimore (Johns Hopkins Press).
Mehrav, M., 1969, Technological Dependence, Monopoly and Growth, New York, Pergamon Press, 1969.
Observer, Dacca, English Daily.
Ornstein, S. I., 'Empirical Uses of the Price-Cost Margin', Journal of Industrial Economics, Vol. XXIV, No.2, December 1975.
Pal, M., 1964, 'The Determinants of the Domestic Price of Imports', Pakistan Development Review, Vol. IV, No.4, Winter 1964.
Pal, M., 1965, 'Domestic Prices of Imports in Pakistan, Extension of Empirical Findings', Pakistan Development Review, Vol. V, No. IV, Winter 1965.
Pakistan TImes, Lahore and Rawalpindi, English Daily.
Papanek, G. F., 1967, Pakistan's Development-Social Goals and Private Incentives, Cambridge Mass: Harvard University Press.
Sawhney, P., and B. Sawhney, 1973, 'Capacity Utilisation, Concentration and Price-Cost Margins: Results on Indian Industries', Journal of Industrial Economics, Vol. XXI, No.2,1973.
Schwartzmen, D., 1959, 'The Effect of Monopoly on Price', Journal of Political Economy, Vol. LXVII-No.4, August, 1959.
Shibli, A. R, 1972, The Twenty-Two Families, People Publishing House, Lahore, (in Urdu).
Winston, G. C., 1968, Excess Capacity in Underdeveloped Countries: the Pakistan Case, Research Memorandum, No. 25, Centre for Development Economics, Williams College, Sept., 1968.
White, L. J., 1974a, 'Pakistan's Industrial Families', Journal of Development Studies, Vol.10, Nos. 3 and 4, 1974.
White, L. J., 1974b, Industrial Concentration and Economic Power in Pakistan, Princeton University Press.