Balance of payments constrained growth model: an examination of Thirlwall's Hypothesis using McCombie's Individual Country Method
The balance of payments constrained growth (BOP) model is tested using the McCombie's cross-country and individual country test for 90 developed and developing countries for the period 1980 to 2000, and the McCombie's test is extended using export elasticity. If in the long run, the growth...
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| Format: | Article |
| Language: | English |
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Taylor and Francis
2006
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| Online Access: | http://irep.iium.edu.my/424/ http://irep.iium.edu.my/424/ http://irep.iium.edu.my/424/1/Balance_of_payments_constrained_growth_model.pdf |