With the Multi Fibre Agreement (MFA) expiring on 1st January 2005, the competition in textile and clothing industry is likely to increase. The paper finds an inverse relationship between the unit cost and productivity: Industry and States, which witnessed higher productivity (growth) experienced lower unit cost (growth) and vice-versa [WP 124].
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Paper provided by esocialsciences.com in its series Working Papers with number
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Lau, Lawrence J., 1978.
"Applications of Profit Functions,"
Histoy of Economic Thought Chapters,
in: Fuss, Melvyn & McFadden, Daniel (ed.), Production Economics: A Dual Approach to Theory and Applications, volume 1, chapter 3
McMaster University Archive for the History of Economic Thought.
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