Inward Processing Trade and Implications for the Balance of Payments Current Account (The Case of Romania) [PDF]
The study is focusing on the Romanian foreign trade by approaching distinctly its two components, i.e. the final goods under definitive custom regime and the intermediate goods imported under temporary custom regime, which are subject to processing (IPT ...
Georgescu, George
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Long-Run Growth in Open Economies: Export-Led Cumulative Causation or a Balance-of-Payments Constraint? [PDF]
The post-Keynesian tradition contains two different models of long-run growth in open economies -- the model of export-led cumulative causation (ELCC) originally conceived by Nicholas Kaldor and the model of balance-of-payments-constrained growth (BPCG ...
Robert A. Blecker
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DYNAMICS IN THE MACROECONOMY AND THE U.S. AGRICULTURAL TRADE BALANCE [PDF]
The effects of the exchange rate and the income and money supply of the United States and its major trading partners on the U.S. agricultural trade balance are examined using an autoregressive distributed lag (ARDL) model.
Koo, Won W., Baek, Jungho
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Growth and convergence/divergence in productivity under balance-of-payments constraint [PDF]
This paper presents a model of convergence/divergence in productivity for two economies of different size and development building on Kaldor’s cumulative causation and the technological gap approaches to growth.
Ali, Anesa, Perez Caldentey, Esteban
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Measuring International Trade in Services [PDF]
World trade in services has recently been a little under $US2 trillion, about a quarter of world trade in goods. That ratio does not appear to have changed much in the last 50 years. For the US, exports of services have recently been over 40% and imports
Robert E. Lipsey
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How well the balance-of- payments constraint approach explains the Portuguese growth performance: empirical evidence for the 1965-2008 period [PDF]
The present study aims to verify whether the balance-of-payments constrained growth approach is suitable for explaining the Portuguese growth performance during the last decades.
Micaela Antunes, Elias Soukiazis
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On the Adequacy or Inadequacy of Keynesian Balance-of-Payments Theory: A Rejoinder [PDF]
This note again refutes Kuska's proposition that equality between the demand for and supply of money ("money market equilibrium") implies equilibriumin the balance of payments.Indeed, under a regime of fixed exchange rates it is precisely the balance of ...
Jonathan Eaton, Willem H. Buiter
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Tourism industry development in the Republic of Serbia (2008-2017) [PDF]
Megatrend Revija, 2019 The economy of many countries in the world are based on tourism, which is especially significant in its multiplier effect on trade flows. Tourism has an impact (direct or indirect) on the Gross Domestic Product (GDP), the balance of payments, employment,
Zlatanović Vesna
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Trade Sustainability and Aid under Liberalization in Fragile Least Developed Countries [PDF]
This study investigates the effect of trade liberalization on export growth, import growth, the trade balance and the current account of the balance of payments in 17 least developed countries (LDCs) over the period 1970 to 2001.
Santos-Paulino, Amelia U.
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AN ANALYSIS OF TRADE BALANCE AND MAIN ACTIVITIES OF ROMANIAN SUBSIDIARIES OF TRANSNATIONAL COMPANIES DURING THE PERIOD 2014-2022 [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria EconomieForeign direct investment (FDI) is to an increasing extent given credit for the economic development of a country along with the creation of new jobs, foreign capital, technology and knowledge transfer, generating positive spillover effects or the ...
ION PĂNESCU, NICOLETA-ELENA CRISTEA
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