Balance-of-payments constrained economic growth in Brazil [PDF]
This paper applies Thirlwall’s basic balance-of-payments constraint model to Brazilian economic growth in the period 1955-98, using cointegration technique.
Frederico Gonzaga Jayme Junior
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Growth and Change, Volume 55, Issue 1, March 2024.Abstract A common statement found in regional policy reports is that regional growth is an “export or die” issue. However, the succession of disruptions in the international supply chain has highlighted the crucial roles of domestic activities, local markets and short supply chains, turning the environmental and resilience challenge present in growth ...
Pascal Ricordel
wiley +1 more source
Causes of the Decline of Economic Growth in Italy and the Responsibility of EURO. A Balance-of-Payments Approach. [PDF]
Some countries of the Euro-zone have experienced a declining economic growth more pronounced in the last recent years, like Italy. The aim of this paper is to investigate the causes of the poor growth performance in Italy and the responsibility of the ...
Elias Soukiazis +2 more
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Fluid Mixing and Spatial Geochemical Variability in the Lost City Hydrothermal Field Chimneys
Geochemistry, Geophysics, Geosystems, Volume 25, Issue 2, February 2024.Abstract Carbonate‐brucite chimneys are a characteristic of low‐ to moderate‐temperature, ultramafic‐hosted alkaline hydrothermal systems, such as the Lost City hydrothermal field located on the Atlantis Massif at 30°N near the Mid‐Atlantic Ridge. These chimneys form as a result of mixing between warm, serpentinization‐derived vent fluids and cold ...
Karmina A. Aquino +5 more
wiley +1 more source
Technology, structural change and BOP constrained growth: A structuralist toolbox [PDF]
The Latin American Structuralism (LAS) is a significant part of the heterodox tradition in the theory of long run growth, with a focus on the problems of developing economies which started their industrialization process when other regions had already ...
Cimoli, Mario, Porcile, Gabriel
core +4 more sources
The impact of trade liberalisation on exports, imports, the balance of payments and growth: The case of Mexico [PDF]
, 2004 The aim of this paper is to disentangle the effects of trade liberalisation during the mid-1980s from the liberalisation involved in the North American Free Trade Agreement (NAFTA) on exports, imports and the balance of payments in Mexico.
Pacheco-López, Penélope
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Crecimiento económico en México: restricción por la balanza de pagos
Ensayos Revista de Economía, 2016 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
Growth rates constrained by internal and external imbalances: a demand orientated approach. [PDF]
Thirlwall’s Law considers that growth can be constrained by the balance-of-payments when the current account is in permanent deficit. The Law focuses on external imbalances as impediments to growth and does not consider the case where internal imbalances
Elias Soukiazis +2 more
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The balance of payments as a constraint on Turkey's growth, 1960 - 2004 [PDF]
, 2008 The aim of this study is to test the existence of balance of a payments constraint on the long run economic growth of the Turkish economy. The balance of payments constrained growth (BPCG) model which was developed by Thirlwall (1979) and extended by ...
Campbell, Al, Pacaci Elitok, Secil
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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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