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This paper discusses how A. P. Thirlwall's model of balance-of-payments-constrained growth can be adapted to analyze the idea of a “fallacy of composition” in the export-led growth strategy of many developing countries. The Deaton-Muellbauer model of the Almost Ideal Demand System (AIDS) is...
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This paper studies whether intra-developing country price competition has significant effects on the short-run growth of output in developing countries that are specialised in manufactured exports. Regression estimates using the generalised method of moments applied to annual panel data for 17...
Persistent link: https://www.econbiz.de/10012708908
The paper presents two short-run, structuralist models of an export-oriented, two-sector, semi-industrialized economy in which women workers are concentrated in export production. The first model analyzes the comparative static effects of an exogenous increase in female wages holding male wages...
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