Thirlwall's 1979 balance of payments constrained growth model predicts that a country's long run growth of GDP can be approximated by the ratio of the growth of real exports to the income elasticity of demand for imports assuming negligible effects from real exchange rate movements. The paper...

The authors reply to the comment of Boggio and Seravalli about the paper "Is the natural rate of growth exogenous?".

The authors reply to the comment of Boggio and Seravalli about the paper "Is the natural rate of growth exogenous?".