Gouvea, Raphael Rocha; Lima, Gilberto Tadeu - In: Journal of Post Keynesian Economics 33 (2010) 1, pp. 169-204
This paper contributes to the literature on balance-of-paymentsconstrained growth by investigating how structural change, identified with changes in the sectoral composition of exports and imports, affects the external constraint. We test both the original and a multisectoral version of...