Search Results - subject:"Balance‐of‐payments constraint"

Balance-of-payments-constrained growth in a multisectoral framework: A panel data investigation

Gouvêa, Raphael Rocha; Lima, Gilberto Tadeu - In: Journal of Economic Studies 40 (2013) 2, pp. 240-254

Purpose – The aim of this paper is to contribute to the literature on balance-of-payments-constrained growth by providing an innovative empirical evaluation of a disaggregated version of the so-called Thirlwall's Law derived from a Pasinettian multisectoral framework....

Persistent link: https://www.econbiz.de/10010684927

Balance-of-payments constrained growth: a post Keynesian model with capital inflows

Filho, Srgio F. Meyrelles; Jayme, Frederico G.; Libnio, … - In: Journal of Post Keynesian Economics 35 (2013) 3, pp. 373-398

This paper proposes a brief theoretical analysis of the relationship between international capital mobility and economic growth, seen in the perspective of demand-led growth. The study presents the central propositions that constitute the so-called demand-led growth perspective. It reviews the...

Persistent link: https://www.econbiz.de/10010660593

Trade liberalization and the balance of payments constraint with intermediate imports: The case of Mexico revisited

Blecker, Robert A.; Ibarra, Carlos A. - In: Structural Change and Economic Dynamics 25 (2013) C, pp. 33-47

Previous studies have found that a tightening of the balance of payments (BP) constraint can explain the slowdown in Mexico's growth after its trade liberalization in the late 1980s. This paper develops a disaggregated model of the BP constraint with two types of exports (manufactures and...

Persistent link: https://www.econbiz.de/10010665926

Balance-of-payments constrained growth : a post Keynesian model with capital inflows

Meyrelles Filho, Sérgio F.; Jayme Júnior, Frederico … - In: Journal of post-Keynesian economics : JPKE 35 (2013) 3, pp. 373-397

Persistent link: https://www.econbiz.de/10009759910

Trade liberalization and the balance of payments constraint with intermediate imports : the case of Mexico revisited

Blecker, Robert A.; Ibarra-Niño, Carlos Alberto - In: Structural change and economic dynamics : SC+ED 25 (2013), pp. 33-47

Persistent link: https://www.econbiz.de/10009761302

Explanation of Economic Growth Differences in the CEE Countries: Importance of the BOP Constraint

Kvedaras, Virmantas - In: Baltic Journal of Economics 5 (2005) 2, pp. 48-65

This paper presents a balance-of-payments (BOP) constrained growth analysis of the long-run growth process in the Central and Eastern European (CEE) countries during the recovery period of transition (1995-2004). The paper tests the BOP-constrained growth model, based on the specification of a...

Persistent link: https://www.econbiz.de/10009416170

Balance-of-payments-constrained growth: the case of Turkey

Halicioglu, Ferda - In: Journal of Post Keynesian Economics 35 (2012) 1, pp. 65-78

In order to test the existence of Thirlwall's law for Turkey during the 1980-2008 period, a bounds test approach to cointegration is applied. The empirical results suggest that Thirlwall's law holds for Turkey. This study also suggests some policy recommendations to curb the deficits in the...

Persistent link: https://www.econbiz.de/10010598617

Imposing a balance of payment constraint on the Kaldorian model of cumulative causation

Razmi, Arslan - 2011

We combine two strands of Post Keynesian growth theory by imposing a balance of payments constraint on a Kaldorian …

Persistent link: https://www.econbiz.de/10010287797

No easy balancing act: Reducing the balance of payments constraint; improving export competitiveness and productivity; and absorbing surplus labor - the Indian experience

Nabar-Bhaduri, Suranjana - 2011

As per the balance of payments constraint hypothesis, in an open economy, achieving a high long-run rate of growth … would require a country to reduce its balance of payments constraint through an improved export performance, and the … balance of payments constraint, concentrated improvements in productivity and employment may remain at the industrial level …

Persistent link: https://www.econbiz.de/10010288071

Imposing a balance of payment constraint on the Kaldorian model of cumulative causation

Razmi, Arslan - Department of Economics, University of Massachusetts-Amherst - 2011

We combine two strands of Post Keynesian growth theory by imposing a balance of payments constraint on a Kaldorian …

Persistent link: https://www.econbiz.de/10009350565