Narrow search
Showing 1 - 10 of 73,428
Cover Image
Balance-of-Payments Constrained Growth: the Case of Turkey
Halicioglu, Ferda - Volkswirtschaftliche Fakultät, … - 2012
In order to test the existence of Thirlwall’s law for Turkey during the period of 1980-2008, bounds test approach to cointegration is applied. The empirical results suggest that Thirlwall’s law holds for Turkey. This study also suggests some policy recommendations to curb the deficits in the...
Persistent link: https://www.econbiz.de/10011259089
Cover Image
Investment, autonomous demand and long run capacity utilization : an empirical test for the Euro Area
Gallo, Ettore - 2019
In recent years, the role attached to the autonomous components of aggregate demand has attracted rising attention, as testified by the development of the Sraffian Supermulti plier model (SSM) and the attempts to include autonomous demand in the Neo-Kaleckian model. This paper reviews and...
Persistent link: https://www.econbiz.de/10011984077
Cover Image
Eurozone Crisis: Debts, Institutions and Growth
Bénassy-Quéré, Agnès; Boone, Laurence - In: La Lettre du CEPII (2010) 300
The Eurozone crisis is much more than a sovereign debt crisis. It puts into question the whole architecture of economic policy, from monetary policy to macroeconomic surveillance and sanctions. Beyond the short-run urgencies, EU members need to come out with a clear view of what kind of...
Persistent link: https://www.econbiz.de/10008455800
Cover Image
Balance of payments constrained growth model: evidence for Bolivia 1953-2002
Vasquez, Arevilca; Javier, Bismarck; Charquero, Risso; … - Volkswirtschaftliche Fakultät, … - 2007
Theoretical and empirical literature have focused on supply factors when studying economic growth determinants. The … present work analyzes demand factors as determinants of the Bolivian economic growth between 1953-2002 using framework … economic growth for the whole period. In addition, real exchange rate presents a negative relationship respect to the long run …
Persistent link: https://www.econbiz.de/10005620158
Cover Image
Trade liberalization and the balance of payments constraint with intermediate imports: The case of Mexico revisited
Blecker, Robert A.; Ibarra, Carlos A. - In: Structural Change and Economic Dynamics 25 (2013) C, pp. 33-47
Mexico's growth after its trade liberalization in the late 1980s. This paper develops a disaggregated model of the BP … goods). Econometric estimates (including tests for structural breaks) show that the BP-equilibrium growth rate did not fall …, but instead rose in the post-liberalization period, so this model cannot account for the country's growth slowdown …
Persistent link: https://www.econbiz.de/10010665926
Cover Image
Investment, autonomous demand and long run capacity utilization: An empirical test for the Euro Area
Gallo, Ettore - 2019
In recent years, the role attached to the autonomous components of aggregate demand has attracted rising attention, as testified by the development of the Sraffian Supermulti plier model (SSM) and the attempts to include autonomous demand in the Neo-Kaleckian model. This paper reviews and...
Persistent link: https://www.econbiz.de/10011997037
Cover Image
Structural asymmetries at the roots of the eurozone crisis : what's new for industrial policy in the EU?
Botta, Alberto - 2014
In this paper, we analyze and try to measure productive and technological asymmetries between central and peripheral economies in the eurozone. We assess the effects such asymmetries would likely bring about on center-periphery divergence/convergence patterns, and derive some implications as to...
Persistent link: https://www.econbiz.de/10010337634
Cover Image
Structural Asymmetries at the Roots of the Eurozone Crisis : What's New for Industrial Policy in the EU?
Botta, Alberto - 2014
In this paper, we analyze and try to measure productive and technological asymmetries between central and peripheral economies in the eurozone. We assess the effects such asymmetries would likely bring about on center-periphery divergence/convergence patterns, and derive some implications as to...
Persistent link: https://www.econbiz.de/10013055957
Cover Image
Structural Asymmetries at the Roots of the Eurozone Crisis : What's New for Industrial Policy in the EU?
Botta, Alberto - 2014
In this paper, we analyze and try to measure productive and technological asymmetries between central and peripheral economies in the eurozone. We assess the effects such asymmetries would likely bring about on center-periphery divergence/convergence patterns, and derive some implications as to...
Persistent link: https://www.econbiz.de/10013056152
Cover Image
Competitiveness and its Leverage in a Currency Union or How Germany Gains from the Euro
Skouras, Thanos - 2016
A distinction is drawn between two notions of competitiveness. 'Essential' competitiveness focuses on the inherent developmental potential of an economy while 'apparent' competitiveness is largely determined by the exchange rate's influence on the current account. A currency union leverages...
Persistent link: https://www.econbiz.de/10012987648