Import Substitution versus Export-Led Development

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3 comments

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    IMPLAN Support
    Hello Michael, Is the export change associated to a change in industry production? Or is the export change tied to a change in local demand (industry production has not changed)? If there's no change in industry production, then there's no economic change to measure. Regards, IMPLAN Staff
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    mrmoose
    Sorry for the delay...I didn't realize that you posted a reply question. I guess another way of expressing my question is to compare the different impact of a change in local demand (say, $100 million more in local consumption of locally produced Commodity X) versus a change in nonlocal demand ($100 million more in nonlocal consumption of locally produced Commodity X). For the former, I can play with the regional purchasing coefficient. But for the latter, what would be the best variable to change? I hope this is clearer... Thanks
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    IMPLAN Support
    Hi Michael. I will be emailing you a response to this post momentarily.

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