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"This book extends Thirlwall's original model and adapts its implications to the current problems of the developed and emerging economies. In this context, this book combines theoretical models and empirical applications to unveil new results consistent with the balance of payments constrained growth. The book provides an alternative to orthodox growth theory, which neglects the importance of the balance of payments as a constraint to growth."--Page 4 of cover.
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Edition | Availability |
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1
Models of Balance of Payments Constrained Growth: History, Theory and Empirical Evidence
2012, Palgrave Macmillan
in English
1283641739 9781283641739
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2
Models of balance of payments constrained growth: history, theory and empirical evidence
2012, Palgrave Macmillan
in English
1137023945 9781137023940
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Book Details
Table of Contents
PART I: HISTORICAL OVERVIEW ON THE BALANCE OF PAYMENTS CONSTRAINED GROWTH DEBATE
Balance of Payments Constrained Growth Models: History and Overview; A.P. Thirlwall
Criticisms and Defences of the Balance-of-Payments Constrained Growth Model: Some Old, Some New; J. McCombie
The Remarkable Durability of Thirlwall's Law; M. Setterfield
PART II: ALTERNATIVE MODELS AND EMPIRICAL EVIDENCE
Generalized Balance of Payments Constrained Growth and South-South Trade in Sub-Saharan Africa; A. Bagni, A. Rieber & T. Tran
Growth Rates Constrained by Internal and External Imbalances: A Demand Orientated Approach; E. Soukiazis, P. Cerqueira & M. Antunes
Empirical Testing of the Export-Led and Balance of Payments Constrained Growth: The Case of Portugal; V. Kvedaras
PART III: THE CONVERGENCE ISSUE AND THE ROLE OF EXCHANGE RATE ON BALANCE OF PAYMENTS CONSTRAINED GROWTH
Convergence and Balance of Payments Constrained Growth: Is there a Puzzle? / C. Garcimartin, J. Alonso & L. Rivas
New Insights from a Structural Economic Dynamic Approach to Balance of Payments Constrained Growth; R. Araujo
Structural Heterogeneity and Endogeneity of Elasticities on the Balance of Payments Constrained Growth Model; F. Missio & F. Jayme Jr.
Edition Notes
Includes bibliographical references and index.
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