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Correctly analyzing the balance of payments constraint on growth

Razmi, Arslan - 2013

The BPCG model provides an interesting hypothesis regarding economic growth. The main implication is that world demand places a constraint on individual country performance. I discuss this implication and argue that tests of the BPCG model have essentially been tests of the hypothesis that trade...

Persistent link: https://www.econbiz.de/10010209278

A balance-of-payments-constrained growth model for a small commodity exporting country : Argentina between 1971 and 2016

Massot, Juan Miguel; Merga, Román David - In: International review of applied economics 36 (2022) 4, pp. 564-588

Persistent link: https://www.econbiz.de/10013411614

The debate over "Thirlwall's law" : balance-of-payments-constrained growth reconsidered

Blecker, Robert A. - In: European journal of economics and economic policies : … 13 (2016) 3, pp. 275-290

Persistent link: https://www.econbiz.de/10011658469

Thirlwall's law and the terms of trade : a parsimonious extension of the balance-of-payments-constrained growth model

Pérez Caldentey, Esteban; Moreno-Brid, Juan Carlos - In: Review of Keynesian economics 7 (2019) 4, pp. 463-485

Persistent link: https://www.econbiz.de/10012135881

Thirlwall's law and the terms of trade : a parsimonious extension of the balance-of-payments-constrained growth model

Pérez Caldentey, Esteban; Moreno-Brid, Juan Carlos - In: Thirlwall's law at 40, (pp. 37-59). 2021

Persistent link: https://www.econbiz.de/10013369322

Balance-of-payment-constrained growth in unbalanced productive structures : disregarded terms of trade negative effects

Médici, Florencia; Panigo, Demian Tupac - In: Journal of post-Keynesian economics : JPKE 38 (2015) 2, pp. 192-217

Persistent link: https://www.econbiz.de/10011509197

Inconsistency and over-determination in balance-of-payments-constrained growth models : a note

Oreiro, José Luís - In: Review of Keynesian economics 4 (2016) 2, pp. 193-200

Persistent link: https://www.econbiz.de/10011484054

Real exchange rate, technological catching up and spillovers in a balance-of-payments constrained growth model

Missio, Fabricio Jose; Gabriel, Luciano Ferreira - In: Economia : revista da ANPEC 17 (2016) 3, pp. 291-309

The main objective of this work is to investigate the theoretical interrelationships between economic growth, the National Innovation System (NIS) and the real exchange rate (RER) in an export-led growth model. Formally, this work presents new changes in the Kaldor-Dixon-Thirlwalĺs model by the...

Persistent link: https://www.econbiz.de/10011865754

New advances and controversies in the framework of balance-of-payments-constrained growth

Blecker, Robert A. - In: Journal of economic surveys 36 (2022) 2, pp. 429-467

Persistent link: https://www.econbiz.de/10013186498

Economic growth and balance-of-payments constraint in Brazil : an analysis of the 1995-2013 period

Lélis, Marcos Tadeu Caputi; Silveira, Eduarda Martins … - In: Economia : revista da ANPEC 19 (2018) 1, pp. 38-56

The purpose of this work is to analyze the balance-of-payments-constrained growth in Brazil considering Thirwall's Law (1979). To this end, we estimate export and import demand functions using two econometric models: vector error correction and structural state space model for the period of...

Persistent link: https://www.econbiz.de/10011866762