Results 121 to 130 of about 2,888,737 (137)

External imbalances and the balance of payments constraint: evidence on multi-sector Thirlwall’s Law for nine Eurozone countries (1992–2019)

Cambridge Journal of Economics
This article examines Thirlwall’s Law (TL) for a sample of nine Eurozone countries from 1992 to 2019. TL posits that a country’s long-run growth rate is determined by the ratio of its income elasticities of demand for exports and imports.
Miguel García-Duch
semanticscholar   +1 more source

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

Review of Keynesian Economics, 2019
This paper extends the balance-of-payments-constrained (BoPC) growth model and Thirlwall's law to include the terms of trade with and without capital flows. Without capital flows a positive (negative) change in the terms of trade by improving (worsening)
Esteban Pérez Caldentey, J. C. Moreno‐Brid   +1 more
semanticscholar   +1 more source

Revisiting Thirlwall’s law in African countries: assessing the scope for structural change and implications for long-term growth

Journal of economic and administrative sciences
PurposeThis paper fits both the simple and multi-sectoral versions of the balance-of-payments-constrained (BPC) growth model to assess the scope for structural change and implications for long-term growth in African countries.Design/methodology ...
R. Asiama
semanticscholar   +1 more source

Externally constrained growth: Testing the applicability of Thirlwall’s law in South Africa

Development Southern Africa, 2020
This study tests whether the performance of South Africa’s trade balance, that is, the country’s export and import performance, can effectively explain the economy’s growth rate. Formally, the study tests the applicability of Thirlwall’s law to the South
Mzwanele Ntshwanti, Kenneth Creamer
semanticscholar   +1 more source

Thirlwall’s law, uneven development, and income distribution

, 2021
H. Sasaki
semanticscholar   +1 more source

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

Thirlwall's Law at 40, 2021
Esteban Pérez Caldentey, J. C. Moreno‐Brid   +1 more
semanticscholar   +1 more source

Thirlwall’s law, external debt sustainability, and the balance-of-payments-constrained level and growth rates of output

Thirlwall's Law at 40, 2021
Gustavo Bhering, Franklin Serrano, Fábio Freitas   +2 more
semanticscholar   +1 more source

“Thirlwall’s Law” reconsidered

, 2017
L. Podkaminer
semanticscholar   +1 more source

Thirlwall’s Law and Uneven Development

, 2002
A. Dutt
semanticscholar   +1 more source

Balance-of-payments-constrained growth in Brazil: a test of Thirlwall's Law, 1890-1973

, 2002
Luis Bértola, H. Higachi, G. Porcile
semanticscholar   +1 more source