Munich Personal RePEc Archive favorableness and industrial density in Pakistan Amjad, Rashid 07. April 1977 Online at http://mpra.ub.uni-muenchen . de/35085/ MPRA Paper No. 35085, posted 30. November 2011 / 08:25 Profitability and industrial Concentration in Pakistan by Rashid Amjad Industrial concentration has been an important political issue in Pakistan. washrag [1974} tardily established a relationship be-tween concentration and the pop attain on capital in a sample of bail bond accounts. This study, base on census material, re-examines the problem with a wider insurance coverage and using the price-cost margin, rather than the return on capital, as the measuring stick rod of profitability. Concentration and a number of other variables be link up to price-cost margins in twenty-five industries amongst 1965-70. Concentration emerges as the intimately important explana-tory variable just now the level of imports and capacity habit a re to a fault significant. Industrial assets pass shown concentrated self-command in several develop-ing countries [see Hazari, 1966; Mehrav, 1969}, especially in earlier industrialisation. However, in Pakistan, it became extreme; it was one of the most polemic aspects of Pakistans rapid industrial growth in the sixties. Yet it accepted no flesh out investigation. 1 The only rear for opinions about it was Haqs- famous command that twenty-two families own 87 per cent of the banking and insurance and sixty-six per cent of the industrial assets [Dawn, twenty-fifth April, 1968}. Recently, however, some attempts have been make to investigate this concentration [Shibli, 1972; Amjad, 1974; White, 1974} in both industry and finance, but only White has also looked into the impact of concentration on profitability by industries. My take up (like Whites) is to examine the relationship between concentration and profitability, but alternatively of Whites profitability measure based on balance sheets of quoted companies, I us! e the price-cost...If you want to wank a full essay, determine it on our website: OrderCustomPaper.com
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