Productivity Trends in the Manufacturing Industries

In: The Pakistan development review: PDR, Band 17, Heft 1, S. 44-65

Abstract

This paper attempts to provide empirical evidence on
inter-industry differentials in productivity levels and their growth
rates, and the distribution of productivity gains among the principal
factors of production" i.e. labour and capital. Hardy any work has been
done in Pakistan on providing a satisfactory quantitative measure of
productive efficiency of the factors of production in the manufacturing
industries. A study of this kind should be important not only from the
economic but also from the social point of view because an optimal
distribution of total ,gains in productivity is basically an empirical
question and can not be discussed in general terms.