Assessing impact of quota elimination on factor productivity growth of textile sector of Pakistan.
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Date
2016
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Journal of Applied Economics and Business Research,
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penetrating textile export in unrestricted markets apart from European Union and USA and closure of sick units and outdated technology.
Description
Keywords
Economics, Quota elimination, Total factor productivity growth, Import penetration, Multi-Fiber. Arrangements
Citation
Ahmad, N., & Kalim, R., (2016), Assessing impact of quota elimination on factor productivity growth of textile sector of Pakistan. Journal of Applied Economics and Business Research. 6(1), 73-92. (Rukhsana Kalim (Economics /SBE), (Not Recognized By HEC ))