@article {Sharma:2001:0003-6846:1253,
	author = "Sharma K.",
	title = "Liberalization, growth and structural change: evidence from Nepalese manufacturing",
	journal = "Applied Economics",
	volume = "33",
	number = "10",
	year = "2001",
	abstract = "This paper presents an empirical analysis of the consequences of liberalization on industrial structure in Nepal, a least developed country with weak institutions and severe infrastructure bottlenecks. Results suggest some structural change in manufacturing output and trade orientation which appears to be due to a change in incentive structure, but no significant improvements were recorded in total factor productivity growth which is of central importance for a least developed country like Nepal. Export intensity rose significantly in the postliberalization period despite poor productivity performance of export-oriented industries while import intensity fell due mainly to improved competitiveness in import competing industries and a fall in imports for smuggling to India.",
	pages = "1253-1261",
	url = "http://www.ingentaconnect.com/content/routledg/raef/2001/00000033/00000010/art00004"
}