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A linear expenditure system over eighteen commodity groups is estimated for each of the rural and urban areas of the four provinces of Pakistan using the 1984-85 Household Income and Expenditure Surve ... Read More
This paper quantifies the rates of return of different agricultural inputs, and studies whether labour and fertilizers are substitutes or complements. The study uses detailed farm level data based on ... Read More
In a traditional society like Pakistan where the role of women in the family and the society is largely predetermined, it is interesting to investigate the relevance of the standard Becker-Mincer type ... Read More
Due to lack of a well—developed financial market and the Islamic prohibition of a predetermined interest rate, one can expect the opportunity cost of holding money in Saudi Arabia and some developing ... Read More
The book is a collection of papers read at a conference on privatization . sponsored by the U.S. Agency for International Development (USAID) held in Washington D.C. in February 1986. It brings a trem ... Read More
An attempt has been made to provide micro economic foundation for a macroeconomic system based on Islamic financial principles. Using a Ricardo type corn model in a deterministic framework, some aspec ... Read More
In the present study we-extend the model presented in Siddiqui and Zarnan [The Certainty Case (1989)1 in order to include the element of uncertainty. We find total investment higher when the mode of f ... Read More
This study examines the causality and stability of the relationship between variability in inflation and dispersion in relative prices using monthly price data for twenty industrial groups. ARIMA mode ... Read More
An analysis of the incidence of provincial and municipal expenditures in Karachi shows that the distribution of their benefits are pro-poor, more so in the case of the former. The expenditure benefit ... Read More