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Model of the Korean Economy
the Overall Resources Budget
MahnJeKim Yung Chul Park A Study
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aggregate agricultural annual average Bank of Korea billions of 1965 capital formation capital stock central government changes Chemicals commodity exports consumption corporate devaluation developing countries disposable income dollar Domestic Input Expansion domestic savings Economic Development effective exchange rates elasticity equation estimated farm households Final Demand I.S. fixed capital fixed investment forecasting government expenditure growth rate household saving import substitution income tax increase inflation Intermediate Demand I.S. Japan Korea Development Institute Korea Stock Exchange Korean economy labor loans manufacturing sector marginal saving rate ment metal products million won Ministry money supply new-issue output pattern percent of total production function projected Pusan regression result Sample period saving function saving propensity saving ratio savings behavior Seoul shared taxes Sources Statistics Yearbook Steel subsidies Table tariff tax revenue tax yields textile tion trade U.S. dollar variables wholesale price index