ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Depression and Optimism

estimated independently of changes in other sectors. Even at the global level the existing measures of import substitution do not account for structural change. In this paper an attempt has been made to account for this factor in the measure of import substitution at a global level This provides a modification in the existing set of measures of import substitution.

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