Foreign-exchange distribution in Yugoslavia's new planning system: An input-output approach

Under the new planning system in Yugoslavia, the foreign-exchange earnings of the final exporter should be shared by all the producing units that contributed to the production of the exported goods or services. A method of calculating the contributions of the various producing sectors to a country's exports is developed. This method makes use of the value-added/gross-output ratios of individual sectors and the Leontief inverse matrix. The analysis is extended to an examination of the balance-of-trade effects of exports.