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The paper shows that if long-run balance of payments equilibrium on current account is a requirement then a country's long run growth rate can be approximated by the ratio of the growth of exports to the income elasticity of demand for imports. The model fits well the experience of eighteen OECD...
Persistent link: https://www.econbiz.de/10013107120
This paper examines the perspectives of Russian gas exports to Western Europe and the strategic options of the CIS gas transiting countries, namely Ukraine and Belarus. The development of a new transit corridor through Belarus (the Yamal-Europe pipeline), depriving Ukraine of its former...
Persistent link: https://www.econbiz.de/10009492269
exports. By constructing an appropriate infinitely repeated export game, we show that varying country sizes will pose …
Persistent link: https://www.econbiz.de/10009774700
This paper examines the perspectives of Russian gas exports to Western Europe and the strategic options of the CIS gas transiting countries, namely Ukraine and Belarus. The development of a new transit corridor through Belarus (the Yamal-Europe pipeline), depriving Ukraine of its former...
Persistent link: https://www.econbiz.de/10011435015