Thirlwall's law and the Prebisch-Singer hypothesis : an assessment of the dynamics of terms-of-trade in a balance-of-payments-constraint growth model [PDF]
Os modelos de crescimento com restrição no balanço de pagamentos (BOPC) podem ser utilizados para capturar importantes insights tanto da tradição keynesiana quanto estruturalista do pensamento econômico. Sugerimos que a Lei de Thirlwall corresponde a uma
Amado, Adriana +1 more
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Crecimiento económico en México: restricción por la balanza de pagos
The paper analyzes the Thirlwall’s Law for Mexico during 1993-2014. It includes unit roots and cointegration tests that incorporate endogenous structural breaks.
Ana Lourdes Morones Carrillo
doaj
Structural change, National Innovation System and balance-of-payments contraint: a theoretical and empirical analysis of the Brazilian case [PDF]
The paper explores the relationship between the income elasticities of demand for exports and for imports, economic growth, the technological content of local production, and the level of development of the National Innovation System (NIS).
Fabrício Silveira +2 more
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A post-mortem of austerity: the Greek experience [PDF]
The policies of economic austerity are invoked whenever a country's public deficit is spiralling out of control. Given the intricate channels through which deficits and debt can be financed, i.e.
Alexiou, Constantinos, Nellis, Joseph G.
core
Growth and Stagnation in Developing Economies: a Structural Approach [PDF]
During the 2000s, after almost two decades of poor growth performance, Latin American countries have experienced a period of growth acceleration. Even though it has been led mainly by a faster growth of external demand for natural resources, this demand ...
Riccioppo Magacho, Guilherme
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The BRICS (Brazil, Russia, India, China and South Africa) have gradually become more than an acronym as their governments have been engaging in international and political negotiations as if they were a regional economic group.
Andre Nassif +2 more
doaj
dissertationThis dissertation is aimed at explaining the development of the Thai economy from 1970 to 2010 from the Marxian and post-Keynesian perspectives: in particular, how the nonfarm rate of profit in Thailand interacts with its balance-of-payments ...
Phumma, Naphon
core
Balance-of-payments-constrained growth in a multisectoral framework: a panel data investigation [PDF]
This paper contributes 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.
Gouvea, Raphael Rocha +1 more
core +1 more source
Empirical Evidence of Elasticity of Export and Import Towards the Change of Prices and Income - The case of Republic of Macedonia [PDF]
The imbalance of balance of payments and the presence of continued growing current account deficit are significant value for the stability of external equilibrium for different time prospects especially for long-term periods.
Fetahi-Vehapi, Merale, Lutfiu, Liridona
core
The balance-of-payments constraint:from balanced trade to sustainable debt
This paper extends the balance-of-payments constraint on growth known as Thirlwall's law to incorporate unbalanced trade and debt accumulation. Assuming that small open economies face a liquidity constraint, the text shows the growth and real-exchange ...
Nelson H. Barbosa-Filho
doaj

