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Assessing Impact of Quota Elimination on Factor Productivity Growth of Textile Sector of Pakistan.

Authors :
Ahmad, Nawaz
Kalim, Rukhsana
Source :
Journal of Applied Economics & Business Research; 2016, Vol. 6 Issue 1, p73-92, 20p
Publication Year :
2016

Abstract

Export of textile sector of Pakistan is also dependent on the trade policy of importing countries, particularly European Union and USA, as these countries have been major importer of textile goods of Pakistan. This study is unique in the way that it contributes in existing literature by estimating factor productivity growth of textile sector in the perspective of pre quota and post quota elimination situation, as this has been ignored in past. We explored that textile sector of Pakistan did not get benefit of quota elimination and productivity remained almost stagnant over the period. We suggest penetrating textile export in unrestricted markets apart from European Union and USA and closure of sick units and outdated technology. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
1927033X
Volume :
6
Issue :
1
Database :
Complementary Index
Journal :
Journal of Applied Economics & Business Research
Publication Type :
Academic Journal
Accession number :
114185967