Results 1 to 10 of about 788 (156)
FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAW [PDF]
A simple equation is considered whose empirical analysis could confirm – or reject – the validity of Thirlwall’s Law. Autoregressive Distributed Lags (Bounds) approach is used to establish the empirical adequacy of the Law.
Leon Podkaminer
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Thirlwall’s Law: An Application to Poland [PDF]
The present study validates assumptions of Thirlwall’s law and illustrates its implication for Poland. Furthermore, a rarely used “strong” form of Thirlwall’s law is tested.
Tatyana Yu. Fedoseeva +1 more
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The remarkable durability of Thirlwall’s Law
This paper contemplates the robustness of Thirlwall’s Law, a parsimonious expression that relates long run equilibrium growth in any one region to the product of world income growth and the ratio of the income elasticities of demand for exports and ...
Mark Setterfield
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Thirlwall’s Law and uneven development under Global Value Chains: a multi-country input–output approach [PDF]
A notable macroeconomic explanation of uneven development, with particular relevance to developing countries, has been the problem of balance of payments constraints, as captured by Thirlwall’s Law: where relative growth rates are explained by ...
Andrew B. Trigg
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Structural change, catching up and falling behind in the BRICS: A comparative analysis based on trade pattern and Thirlwall’s Law [PDF]
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
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Harrod-Domar Dilemma, Thirlwall’s Law and Green New Developmentalism [PDF]
The article aims to address the ecological transition into a model that integrates the Harrod-Domar Dilemma and the New Developmentalism according to a Green New Developmentalism perspective.
CHIARA GRAZINI +2 more
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The present article aims to test Thirlwall’s Law for Turkish economy after the begining of the full membership consultation of Turkey to European Union.
Salih BARIŞIK, Türker ŞİMŞEK
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External Sector and Growth in Colombia, 1986-2016
This article estimates income and price elasticities in foreign trade and their practical application in Thirlwall's multilateral economic growth model for six of Colombia's main trading partners from 1986 to 2016.
Germán Sánchez +2 more
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Foreign Trade and Economic Growth: Evidence of Thirlwall’s Law in Iran
Thirlwall’s law establishes a relation between the long-run growth rate, the growth of exports and the long-run income elasticity of imports. This paper applies Thirlwall’s basic balance-of-payments constraint growth model to Iranian economic growth for the period of 1971-2007 by using Autoregressive Distributed Lag (ARDL) Bounds Testing approach ...
Ahmad Jafari Samimi +1 more
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Balance of payment constrained economic growth in Nigeria: How useful is the Thirlwall's hypothesis?
This paper examines the Balance-of-Payment (BOP) constraint growth model in Nigeria for the period of 1980 to 2012 using the bounds testing Auto regressive Distributed Lag (ARDL) approach. The ARDL test suggests that the variables in the framework have a
Ismail O. Fasanya, Ismail A. Olayemi
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