Britto, Gustavo; McCombie, John S. L. - In: Journal of Post Keynesian Economics 32 (2009) 1, pp. 115-136
This paper uses the balance-of-payments-constrained model to estimate the determinants of the long-run rate of growth of Brazil. Contrary to previous tests for the country found in the literature, this paper uses a different approach to test the long-run relationship between actual growth rates...