Pakistan Journal of Social Sciences
ISSN: Online 1993-6052ISSN: Print 1683-8831
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.
How to cite this article:
Amirul Islam and Mohammad Tarequl Hasan Chowdhury . Devaluation-led Supply Shift: The Case of Washing Soap Industry.
DOI: https://doi.org/10.36478/pjssci.2004.287.290
URL: https://www.makhillpublications.co/view-article/1683-8831/pjssci.2004.287.290