05- Academic Articles in Lahore School of Economics Journals: Recent submissions

  • Toward a Heterodox Approach: Reconciling Stabilization and Economic Growth in Pakistan 
    Irfan ul Haque; Sahar Amjad (© Lahore School of Economics, 2012-09)
    This article attempts to show that a strategy for accelerated growth for Pakistan is both necessary and feasible. Pakistan’s macroeconomic conditions are broadly similar to some of its more rapidly growing neighbors. The ...
  • The Prospects for Indo-Pakistan Trade 
    Hafiz A. Pasha; Muhammad Imran (© Lahore School of Economics, 2012-09)
    This article analyzes the volume and pattern of India–Pakistan trade given the extent of trade complementarity between the two countries and, in the presence of a restricted positive list of imports from India, the tariff ...
  • The Opportunities and Pitfalls of Pakistan’s Trade with China and Other Neighbors 
    Naved Hamid; Sarah Hayat (© Lahore School of Economics, 2012-09)
    While Pakistani trade with India could give a boost to Pakistan’s economy, there are other neighbors with whom trade could be equally important. We look at this aspect of regional trade and show that promoting trade with ...
  • The Constraints to Industry in Punjab, Pakistan 
    Syed Turab Hussain; Usman Khan; Kashif Zaheer Malik; Adeel Faheem (© Lahore School of Economics, 2012-09)
    This paper identifies the main impediments to investment and industrial productivity in Punjab, which have led to a decline in growth. This is done by analyzing the impediments and constraints to productivity and investment ...
  • The Captivating Vision of the “New Growth Strategy”: The Missing Political Economy Perspective 
    S. Akbar Zaidi (© Lahore School of Economics, 2012-09)
    One hears little about the Planning Commission’s Framework for Economic Growth launched a year ago. This is indicative of its inappropriateness and lack of consideration of Pakistan’s economy or its structures and political ...
  • The Birth of Exporters: Entry and Scale of Firms in Punjab’s Export Sectors 
    Azam Chaudhry; Marjan Nasir; Maryiam Haroon (© Lahore School of Economics, 2012-09)
    In this paper we analyze which factors affect new firm entry and the scale of new firms in the export clusters of Punjab. Our analysis looks at local conditions (such as the degree of concentration in an industry, the ...
  • The 18th Constitutional Amendment: Glue or Solvent for Nation Building and Citizenship in Pakistan? 
    Anwar Shah (© Lahore School of Economics, 2012-09)
    The almost unanimous passage of a landmark consensus constitutional amendment—the 18th Constitutional Amendment—restored Pakistan’s constitution to its original intent of a decentralized federation of provinces as envisaged ...
  • Stagflation, the Labor Market Impact, and the Poverty Puzzle in Pakistan: A Preliminary Analysis 
    Rashid Amjad (© Lahore School of Economics, 2012-09)
    This article discusses the impact of the current stagflation in Pakistan on the labor market and poverty. The paper presents a preliminary explanation of why the labor market and poverty impact of the current stagflation ...
  • Sri Lanka’s Free Trade Agreements with India and Pakistan: Are They Leading Bilateral Trade Beyond Normalcy? 
    Sirimal Abeyratne (© Lahore School of Economics, 2012-09)
    Bilateralism arises as a “second-best” option when countries seek benefits beyond those of regional approaches to free trade and those of unilateral liberalization. In spite of the regional initiatives for free trade in ...
  • Pakistan’s Quest for a New Growth Vent: Lessons from History 
    Ijaz Nabi (© Lahore School of Economics, 2012-09)
    This article argues that a new growth vent in Pakistan requires tapping into external lucrative markets in a manner that will create multiple entre-ports for growth. Such a growth vent will enable the country to achieve a ...
  • Pakistan’s Power Crisis: How Did We Get Here? 
    Kamal A. Munir; Salman Khalid (© Lahore School of Economics, 2012-09)
    This article has a rather modest aim. In contrast to most analyses that abound, it submits that Pakistan’s energy crisis stems primarily from a suboptimal policy and only secondarily from governance issues. This does not ...
  • Making Devolution Work in Pakistan 
    Aisha Ghaus-Pasha (© Lahore School of Economics, 2012-09)
    This article discusses how the 7th National Finance Commission award and the 18th Amendment to the Constitution have strengthened the autonomy of the federating units in Pakistan. The former has empowered the provinces by ...
  • Industrialization by Fitting in: Acquiring Technology through Collaboration and Subcontracting 
    Sikander Rahim (© Lahore School of Economics, 2012-09)
    Since the 1950s, Pakistan has been trying to industrialize by investing in industries that have low value-added, notably cotton textiles. Here, low value-added means that the export value of the cotton textiles less the ...
  • Export Barriers in Pakistan: Results of a Firm-Level Survey 
    Rashid Amjad; Ejaz Ghani; Musleh ud Din; Tariq Mahmood (© Lahore School of Economics, 2012-09)
    This study attempts to evaluate exporters’ perceptions of the problems they face in exploiting their full competitive potential in the international market. Using firm-level survey data, we find that a shortage of skilled ...
  • Competitiveness and Pakistan: A Dangerous, Distorting, and Dead-End Obsession? 
    Matthew McCartney (© Lahore School of Economics, 2012-09)
    Competitiveness has become a mantra and organizing framework for much government policymaking in Pakistan and beyond. Rarely does anyone question the concept and use of the competitiveness paradigm itself. Krugman (1994) ...
  • Adapting Public Sector Services to Local Delivery 
    Ishrat Husain (© Lahore School of Economics, 2012-09)
    This article describes the local government system established in the 2001 Devolution Plan and its evolution over the period 2002-07, with a focus on two essential public services, education and health. We believe that the ...
  • Book Review 
    Nina Gera (© Lahore School of Economics, 2012-12)
    This book is, one can assert without a doubt, sui generis, unique in that it provides an entirely new perspective on the development of Pakistan’s political economy. It is a thorough and objective analysis, an eye-opener, ...
  • Poverty, Income Inequality, and Growth in Pakistan: A Pooled Regression Analysis 
    Ahmed Raza Cheema; Maqbool H. Sial (© Lahore School of Economics, 2012-12)
    This study estimates a set of fixed effects/random effects models to ascertain the long-run relationships between poverty, income inequality, and growth using pooled data from eight household income and expenditure ...
  • A Benefit Incidence Analysis of Public Spending on Education in Pakistan Using PSLM Data 
    Zahid Asghar; Mudassar Zahra (© Lahore School of Economics, 2012-12)
    Education is one of the most important means of economic development, and there is consensus among policymakers that it is better to be educated than not. The debate on education is not, therefore, whether it is good or ...
  • The Harberger-Laursen-Metzler Effect: Evidence from Pakistan 
    Tayyaba Idrees; Saira Tufail (© Lahore School of Economics, 2012-12)
    According to the Harberger-Laursen-Metzler (HLM) effect, an exogenous temporary increase in the terms of trade leads to an improvement in the current account balance. This paper uses a recursive vector autoregression to ...

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