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Thirlwall's law : binding constraint or "centre-of-gravity"?
Dávila-Fernández, Marwil J.; Sordi, Serena - In: Metroeconomica : international review of economics 75 (2024) 1, pp. 52-82
Persistent link: https://www.econbiz.de/10014486316
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Why the conventional test of Thirlwall's law is still not a "near-tautology : a rejoinder to Professor Blecker
McCombie, John S. L. - In: Review of Keynesian economics 11 (2023) 3, pp. 400-415
Persistent link: https://www.econbiz.de/10014383496
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On empirical tests of Thirlwall's law : a reply to Professor McCombie's rejoinder
Blecker, Robert A. - In: Review of Keynesian economics 11 (2023) 3, pp. 416-426
Persistent link: https://www.econbiz.de/10014383498
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Growth Accounting, Growth Theory and the East Asian Miracle
Robertson, Peter E. - 2008
This paper develops a method for interpreting growth accounting studies in terms of the neoclassical growth model. In particular it shows that the growth accounting contribution of capital reflects the distance of the economy from its steady state income level. The method is applied to studies...
Persistent link: https://www.econbiz.de/10014047575
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New General Theory of Economic Development : Innovative Growth and Distribution
Lee, Yong-Shik - 2020
Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term without a universal definition. This article presents the constitutive elements of economic development, such as growth, distribution, and innovation. Economic development has...
Persistent link: https://www.econbiz.de/10012849707
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Transforming the Philippine Economy : 'Walking on Two Legs'
Usui, Norio - 2011
With a strong recovery from the global crisis, the Philippines' policy focus will shift again to a long …-term development agenda. Despite favorable initial conditions, the Philippines' long-term growth performance has been disappointing … could the Philippines not enjoy high growth as its neighbors? What are the main causes of its chronic problems of …
Persistent link: https://www.econbiz.de/10013124191
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China’s Great Convergence and Beyond
Storesletten, Kjetil; Zilibotti, Fabrizio - In: Annual Review of Economics 6 (2014) 1, pp. 333-362
A recent wave of economic research has studied the transformation of China from a poor country in the 1970s to a middle-income economy today. Based on this literature, we discuss the factors driving China’s development process. We provide a historical account of China’s rise, fall, and...
Persistent link: https://www.econbiz.de/10010886217
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Normalized CES supply-side system approach : how to replicate Klump, McAdam, and Willman (2007)
Daniels, Gerald Eric <Jr.>; Kakar, Venoo - 2018
This paper lays out a replication plan for the influential paper by Klump et al. (Factor Substitution and Factor-augmenting Technical Progress in the United States: a Normalized Supply-side System Approach 2007) on using a normalized CES supply-side system approach to estimate the value of the...
Persistent link: https://www.econbiz.de/10011812682
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Longer-run distributive cycles : wavelet decompositions for the US, 1948-2011
Barrales, José; Von Arnim, Rudiger - In: Review of Keynesian economics 5 (2017) 2, pp. 196-217
Persistent link: https://www.econbiz.de/10011732618