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application/pdfModeling Industrial Growth and Agglomeration Economies in theManufacturing Sector of PakistanThe uneven distribution of production and consumption is oneof the several problems being faced by the less developed countries(LDCs). The governments of these countries are pursuing multidimentionalpolicies to develop the backward areas and to put a check on overcrowdedcities. For example, in Pakistan National Development FinanceCorporation (NDFC) has been established to promote industries inbackward areas. Moreover, tax holidays, import facilities and loans oneasy terms are some of the devices which are being used to promote thebackward regions. Besides, Lahore and Karachi are facing seriouseconomic problems due to rapid urbanization. Their population is growing1 percent to 2 percent above the national growth rate of population.1 Onthe other hand, several geographicallocations are still backward,despite policy measures taken by the public sector. 2 It is importantthat, if these policies fail to improve the situation, a betterrationale should be explored in this respect. The purpose of this studyis to identify the sources of industrial concentration in Pakistan.Besides, we will be looking at reasons for the concentration ofindustries at certain locations. One way to explain this phenomena isthrough agglomeration economies. We will develop a model to study thisevent. If our model can explain the increasing returns to scale, whichis a way to measure agglomeration economies,3 then, we may be able toutilize this knowledge to provide a base for policy formulation todevelop the backward areas, as well as, for efficient use of publicfinance.
Acrobat 5.0 Scan Plug-in for Windows; modified using iTextSharp 4.1.6 by 1T3XTWinter 1989,Vol. 28, No.4 Part II
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