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Assessing Impact of Quota Elimination on Factor Productivity Growth of Textile Sector of Pakistan.
- 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penetrating textile export in unrestricted markets apart from European Union and USA and closure of sick units and outdated technology.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]
- Subjects :
- TEXTILE industry
IMPORT quotas
PRODUCTIVITY accounting
INTERNATIONAL trade
Subjects
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