3. Foreign Exchange Costs and Import Substitution

Chapters in this book

1. Frontmatter i
2. Acknowledgments vii
3. Contents ix
4. Tables xi
5. Figures xiv
6. Introduction xv
7. 1. History of Iron and Steel in Mexico 1
8. 2. Government Promotion, Participation, and Regulation 23
9. 3. Foreign Exchange Costs and Import Substitution 41
10. 4. Forward Linkages and the Price Effects of Import Substitution 50
11. 5. Production and Consumption: The Forward Linkages of the Steel Industry 65
12. 6. Steel Consumption by Industrial Sector and Projections for 1970 82
13. 7. Raw Materials and Fuels: The Backward Linkages of the Iron and Steel Industry 101
14. 8. Mexican Foreign Trade in Iron and Steel Products 128
15. 9. Conclusion 148
16. Appendix A. Domestic Prices, Costs of Imports, and Tariffs for Flat-rolled Products 152
17. Appendix B. Estimated Costs for a Hypothetical Plant in Monclova, Coahuila 156
18. Appendix C. Data for Correlations 160
19. Bibliography 163
20. Index 171