ABSTRACT

The portion of import content is the portion of imported intermediate goods used to produce each one dollar value of final demand. Thus, import content itself is not a component of gross domestic product. However, it plays a great role in that the use of the imported materials and intermediate goods makes particular types of production possible. In this sense, appropriate imports are necessary for production and thus for the generation of domestic content and economic growth. In 1961, value added induced by exports accounted for 12.2 percent of the total national income, and it increased to 34.8 percent in 1976. The same tendency is observed for labor earnings. Labor earnings from exports grew from 9.7 percent in 1961 to 36.1 percent in 1976. In manufacturing, the contribution of export expansion in each trade pattern category has increased over time, particularly for the export competing industries, showing an increasing dependence on exports.