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Factors' Employment Absorption, Growth and Income Distribution through Foreign Trade: Pakistan's Case
Despite the recent migration of Pakistan's labour to the
Middle East countries, Pakistan is still characterized as a
labour-abundant and capital-scarce developing country. As such, it is
important that Pakistan's production structure should be such as to
employ greater labour and lesser capital per unit of output in the
different sectors of the economy. To provide pertinent information to
the policy makers in this regard, we here try to estimate how much of
labour and capital are employed and absorbed per unit of output in
Pakistan's internationally traded goods