“Civil service reform,” which has become the nickname for public sector management reform in the parlance of development economics, has only recently and grudgingly been accepted by those who advise on policy in the poor countries. Even then, the approach is somewhat paternalistic in that it emphasises externally-designed rules and processes for management, organisation, audit …
Economics is a policy science: its claim is to describe policies that can improve peoples’ lives. Its usefulness for policymaking, therefore, depends on how well economists understand and interpret economic behaviour. In other words, successful economic policy entails a good understanding of the dynamics of economic change. In turn, a model of economic change requires …
The Economics Profession in Pakistan: A Historical Analysis Read More »
The negative relationship between farm size and output per acre has been tested for Pakistan and it is concluded that the observed negative or positive correlations between land productivity and the farm size in the case of Pakistan are the result of over-aggregation. Land productivity curve is U-Shaped; the productivity is high on desperately small …
Four studies [2, 3, 7, and 11] and a comment [1] on the demand for fertilizer have appeared in this Review: All fit similar demand specifications to aggregate data for roughly the same time period. Surprisingly, each presents distinctly different results. Together, the studies provide 28 estimates of the price elasticity of fertilizer demand of …
The intent of this paper is to delineate the determinants of the distribution of income in Rawalpindi city. The basic hypothesis to be tested is that for each individual, personal earnings are a function of his socio-economic characteristics such as age, sex, education, and the like. If the hypothesis bears out, the disparity of incomes …
An Economic Analysis of Personal Earnings in Rawalpindi City Read More »
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