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PREFERENTIAL TAX POLICIES
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20 percent agricultural amount bank loans Bank of Korea basis capital accumulation capital intensive chemical commodity exports competitive imports Cotton Decree DMB loans domestic Electrical Machinery estimated exchange rate export expansion export production export promotion Fabrics Factor Intensity factor substitution financed Fishery Five-Year Plan fixed capital formation fixed capital stock foreign borrowings foreign currency loans foreign exchange foreign loans funds gross fixed capital growth rate import substitution income increased indirect taxes investment Japan Korea Exchange Bank labor manufacturing sector MCI Notice ment Metal Products million won Monetary Board output percent of GNP percent of total percent per annum policies rate of return raw materials real interest rate return on capital share shifts SOC sectors Source Steel Sub-Total subsidy Table tariff exemptions tariff rates textile thousand trade Transport Equipment U.S. Dollars value added wage rate wage-rental ratio weighted average worker capital Yarn