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
core +1 more source
Balance of Payments Constrained Growth Model: Evidence for Bolivia 1953-2002 [PDF]
Theoretical and empirical literature have focused on supply factors when studying economic growth determinants. The present work analyzes demand factors as determinants of the Bolivian economic growth between 1953-2002 using framework introduced by ...
Arevilca Vasquez, Bismarck Javier +1 more
core +4 more sources
The impact of trade liberalisation on exports, imports, the balance of payments and growth: The case of Mexico [PDF]
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
core
Endogenous income elasticities
This paper deepens the analysis of the income elasticities of import and export demand in relation to the real exchange rate (RER) within a balance of payments constrained growth framework.
Fabrizio J. Missio
doaj +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
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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.
Elias Soukiazis, Micaela Antunes
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Cumulative Growth and the Catching-up Debate from a Dis-equilibrium Standpoint [PDF]
This paper presents an overview of the literature on 'cumulative growth'. It is argued that, independently of the 'new' growth theory, these models have achieved the nature of 'endogenous' growth models.
León-Ledesma, Miguel A.
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Structural heterogeneity, and endogeneity of elasticites on the balance-of-payments constrained growth model [PDF]
The aim of this paper is to demonstrate that, especially in developing countries, changes in the real exchange rate affect both the structure of production and the income elasticities of the demand for imports and exports – and, as a result, the balance ...
Fabrício Missio, Frederico G. Jayme Jr
core
RESUMO Este trabalho tem como objetivo avançar no debate em torno da Lei de Thirlwall Multissetorial, incluindo os fluxos de capitais setoriais e suas implicações para a nova estratégia de crescimento da economia brasileira, que visa estimular as ...
GUILHERME JONAS C. DA SILVA +2 more
doaj +1 more source
Effects Of Trade Liberalization On Economic Growth And Balance Of Payment Of ASEAN Five Plus Three [PDF]
ASEAN -5 plus 3 ( Malaysia, Thailand, Philippines, Singapore, Indonesia, Japan, Korea and China) have undergone a substantial trade liberalization in the mid 1980s.
Yong, Chen Chen
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