@article{MAKHILLPJSS2004246928, title = {Devaluation-led Supply Shift: The Case of Washing Soap Industry}, journal = {Pakistan Journal of Social Sciences}, volume = {2}, number = {4}, pages = {287-290}, year = {2004}, issn = {1683-8831}, doi = {pjssci.2004.287.290}, url = {https://makhillpublications.co/view-article.php?issn=1683-8831&doi=pjssci.2004.287.290}, author = {Amirul Islam and}, keywords = {}, abstract = {Net output effect of devaluation at microeconomic level for the soap industry in Chittagong, Bangladesh has been estimated in this paper. The study found that imported-input dependent soap industry responded negatively with devaluation. The estimated net output response coefficient of the washing soap industry following devaluation was –0.75 suggesting that ill-judged devaluation in a developing country where industrial structure is import based can have unpalatable consequences in terms of employment and income distribution.} }