Caputi Lélis, Marcos Tadeu; Correa da Silveira, … - In: EconomiA 19 (2018) 1, pp. 38-56
The purpose of this work is to analyze the balance-of-payments-constrained growth in Brazil considering Thirwall’s Law (1979). To this end, we estimate export and import demand functions using two econometric models: vector error correction and structural state space model for the period of...