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Abstract
Countries can potentially choose to import from wide varieties that are available in different sources and this choice has a bearing on their growth rates. A distinction between imported and domestically produced capital goods.Capital goods exerts a significant effect on the growth rates of per capita incomes; particularly in developing countries. Almost 80 percent of capital goods production in the world is concentrated in few countries. The capital goods industry has been witnessing a downturn for the past few years. The prime objective of this research paper is to examine the impact of importing or making capital goods in the home country.