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aggregate agricultural average Bank of Korea billions of 1965 capital formation capital stock central government changes Chemicals commodity exports corporate 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 industries 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 negative FIS new-issue ooooo ooooo output paper pattern percent of total Planning production function projected Pusan result Sample period saving function saving propensity saving ratio savings behavior Seoul shared taxes Sources Steel subsidies Table tariff tax revenue tax yields textile tion trade U.S. dollar variables wholesale price index