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Employing a simple intersectoral analysis, first developed by Paauw and Fei (1973), it is shown that import substitution in an idealized colonial-type economy under exchange control, will be both cumulative and self-financing.

M. Shahid Alam. (1984) IMPORT SUBSTITUTION GROWTH: A simple intersectoral analysis, Pakistan Journal of Applied Economics, Volume-03, Issue-2.
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