National Incomes and International Trade

actual aggregate analysis appears associated assumed assumption average base billion capital caused Chapter coefficients compared components computed considerable constant constructed consumption contraction correlation course decline derived described determinants directional discussed dollars domestic economic effect elasticity equal equation error estimate export prices expressed fact factor figures food imports Germany given Group import function imports and exports in-trade included income income change increase independent indices individual industrial countries industrial output influence Italy less magnitudes manufactured manufactured-goods materials measure national income necessary norm normal obtained output percent period possible presented price variable primaries countries procedure production propensity ratio raw-material raw-material imports reason refer regard relation relationship relative reliable remains representing rise standard Stat statistical structural substitution Table tion trade balance United Kingdom various volume weighted