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Yugoslavia under the workers' self-management system: Growth and structural change in the external sector

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  • Chittle, Charles R.

Abstract

The Yugoslav external sector has undergone vast changes, in value and composition, during the first two decades in which the system of workers' self-management has been operative. This paper examines the growth and structural change of foreign trade at various levels of aggregation. While imports are examined to some extent, the major concern is with exports. To provide a general perspective of the changes that have occurred, the current account of the balance of payments is examined in the following section. This is followed by an analysis of structural change at the one-digit SITC level and in terms of the Yugoslav broad classifications of exports and imports according to end use and stage of production. Structural change at this level of aggregation has been more pronounced in the export sector than has been the case with imports. The manufactured export share of total exports has grown rapidly, as have the shares of capital goods exports and exports of more highly-processed goods. Imports of manufactured goods have also grown more rapidly than primary goods imports. Supply bottlenecks have stimulated imports of the intermediate goods, especially in the latter half of the period.

Suggested Citation

  • Chittle, Charles R., 1975. "Yugoslavia under the workers' self-management system: Growth and structural change in the external sector," Kiel Working Papers 28, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:28
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    References listed on IDEAS

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    1. Ranadev Banerji, 1972. "Major determinants of the share of manufactures in exports: A cross-section analysis and case study on India," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 108(3), pages 345-381, September.
    2. Richardson, J. David, 1971. "Constant-market-shares analysis of export growth," Journal of International Economics, Elsevier, vol. 1(2), pages 227-239, May.
    3. Chittle, Charles R., 1975. "The industrialization of Yugoslavia under the workers' self-management system: Institutional change and rapid growth," Kiel Working Papers 26, Kiel Institute for the World Economy (IfW Kiel).
    4. Morawetz, David, 1974. "Employment Implications of Industrialisation in Developing Countries: A Survey," Economic Journal, Royal Economic Society, vol. 84(335), pages 491-542, September.
    5. Horvat, Branko, 1971. "Yugoslav Economic Policy in the Post-war Period: Problems, Ideas, Institutional Developments," American Economic Review, American Economic Association, vol. 61(3), pages 69-169, June.
    6. Richardson, J David, 1971. "Some Sensitivity Tests for a 'Constant-Market-Shares' Analysis of Export Growth," The Review of Economics and Statistics, MIT Press, vol. 53(3), pages 300-304, August.
    7. Tuvia Blumenthal, 1972. "Exports and Economic Growth: The Case of Postwar Japan," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 86(4), pages 617-631.
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    1. Banerji, Ranadev, 1976. "Technology, economies of scale and average size of industrial plants: Some further cross-country evidence," Kiel Working Papers 50, Kiel Institute for the World Economy (IfW Kiel).

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