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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 …
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The People's Republic of China's (PRC) remarkable growth performance over the last 3 decades has been associated to … very robust export growth, so much so that many refer to it as a clear example of export-led growth (ELG). Using the … for the indirect effects on export growth via capital accumulation, in particular fixed asset investment. Our analysis has …
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