Domingo, Rodríguez Benavides; Francisco, venegas Martínez - In: Contaduría y Administración 57 (2012) 1, pp. 215-239
This article shows empirical evidence about Thirwall’ (1979) model on the balance of payments constraint to growth for Mexico. Thirwall states that the relevant variables in the explanation of economic growth are the income elasticities of exports and imports and the income from the rest of...