Foreign-exchange distribution in Yugoslavia's new planning system: An input-output approach |
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Authors: | Charles R Chittle |
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Affiliation: | Department of Economics, Bowling Green State University, Bowling Green, Ohio 43403, USA |
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Abstract: | 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. |
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