Are "Consistent Time Series Data Relating to Pakistan's Large-Scale Manufacturing Industries" Inconsistent? A Reply

A. R. Kemal

Abstract


The importance of consistent and reliable data cannot be over
emphasised. The main sources of data relating to Pakistan's large-scale
manufacturing industries have been the periodical censuses of
manufacturing industries (CMIs) which collect data on capital stock,
value of output, value added, employment, etc. However, these data
suffered from two major defects. First as the censuses failed to cover
all the industrial establishments, the data suffered from consider┬Čable
undercoverage. Second the written down values of capital stock as
reported in the CMIs do not reflect actual productive capacities.
Therefore an attempt was made earlier in [5, 6] to overcome the problems
created by these defects.

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DOI: https://doi.org/10.30541/v17i1pp.109-122

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