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What is Aggregate Import Substitution Measurement about?

This document discusses measuring aggregate import substitution and issues with prior approaches. It proposes a new consistent approach that measures import substitution not just at the industry level but also provides consistent definitions at the aggregate level. The new approach also considers changes in relative industry sizes within the import substitution effect. The document reviews traditional aggregation methods, identifies conflicts in previous studies, and outlines the new proposed consistent agg

Author

somi

Language

EN