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Este artigo apresenta a estrutura e as primeiras simulações computacionais de um modelo macrodinâmico uni-setorial que incorpora alguns elementos do enfoque teórico pós-keynesiano. Os elementos incorporados no modelo aqui apresentado são os seguintes: (i) determinação do nível de...
Persistent link: https://www.econbiz.de/10005551015
Neste artigo descreveremos as principais características do modelo de crescimento pós-keynesiano formulado por Oreiro & Ono (2005), assim como também proporemos a sua reestruturação, particularmente, através de mudanças nos módulos I e II do modelo. No módulo I, que trata da demanda...
Persistent link: https://www.econbiz.de/10005731996
The objective of this article is to present the structure and the first computational simulations of a two sector macrodynamic model that embed some elements of the post-keynesian theoretical framework. The theoretical elements embed in the model are: i) determination of the level of output by...
Persistent link: https://www.econbiz.de/10004968632
The present study aims to verify whether the balance-of-payments constrained growth approach is suitable for explaining the Portuguese growth performance during the last decades. For that, we adopt "Thirlwall's Law" that predicts actual growth by the ratio of the exports growth relative to the...
Persistent link: https://www.econbiz.de/10011332334
The aim of this paper is to show that concepts such as growth regime, external constraints and financialization, which are very common in many post Keynesian studies on growth, are compatible and complementary, but the conciliation among them requires the use of some concepts of French...
Persistent link: https://www.econbiz.de/10010330519
This paper analyses two issues that were characteristic of the global growth processes of the 1980s and 1990s (i) an important diffusion process of a new general purpose technology (GPT) and (ii) a speed-up of catching-up of a sub-group of developing economies (South East Asia, later China and...
Persistent link: https://www.econbiz.de/10012099855
In the era of financialisation, increasing income inequality could be observed in most developed and many developing countries. Despite these similar developments in inequality, the growth performance and drivers for growth differed markedly among countries, allowing clusters of different growth...
Persistent link: https://www.econbiz.de/10011449229
This paper examines Nigeria's long run growth path using the externally and internally constrained version of Thirlwall's growth model from 1982 to 2015. The present study modifies the SCA-BOPCG to take into account the effects the foreign contents in exports growth and the domestic investment....
Persistent link: https://www.econbiz.de/10013466671
This paper aims to contribute to the debate of post-Keynesian growth models and Comparative Political Economy (CPE) by investigating the relationship between the changes in demand and growth regimes and the establishment of right-wing populist governments in Poland and Hungary after the Global...
Persistent link: https://www.econbiz.de/10013471328
In neoclassical thinking, insufficient development is considered the result of a lack of resources, and an inefficient allocation. Deregulated markets have to guarantee a better allocation of resources as well as a net resource inflow to augment the domestic physical capital stock. From a...
Persistent link: https://www.econbiz.de/10014363083