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International Competitiveness, Relative Wages, and the Balance-Of-Payments Constraint

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  • Robert A. Blecker

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  • Robert A. Blecker, 1998. "International Competitiveness, Relative Wages, and the Balance-Of-Payments Constraint," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 20(4), pages 495-526, July.
    • Handle: RePEc:mes:postke:v:20:y:1998:i:4:p:495-526
    DOI: 10.1080/01603477.1998.11490166
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    References listed on IDEAS

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    1. Corden, W. Max, 1995. "Economic Policy, Exchange Rates, and the International System," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226115917, December.
    2. Carlin, Wendy & Soskice, David, 1990. "Macroeconomics and the Wage Bargain: A Modern Approach to Employment, Inflation, and the Exchange Rate," OUP Catalogue, Oxford University Press, number 9780198772446.
    3. Laura D'Andrea Tyson, 1992. "Who's Bashing Whom? Trade Conflict in High-Technology Industries," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 86, April.
    4. C. Fred Bergsten & Marcus Noland, 1993. "Reconcilable Differences? United States-Japan Economic Conflict," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 34, April.
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    Cited by:

    1. Constantinos Alexiou & Joseph G. Nellis, 2013. "Challenging the Raison d’etre of Internal Devaluation in the Context of the Greek Economy," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 60(6), pages 813-836, December.
    2. Hiroshi Nishi, 2019. "Balance‐of‐payments‐constrained cyclical growth with distributive class conflicts and productivity dynamics," Metroeconomica, Wiley Blackwell, vol. 70(4), pages 620-640, November.
    3. Rafael Saulo Marques Ribeiro & John S.L. McCombie & Gilberto Tadeu Lima, 2017. "A reconciliation proposal of demand-driven growth models in open economies," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 44(2), pages 226-244, May.
    4. Eckhard Hein & Nina Dodig, 2014. "Financialisation, distribution, growth and crises – long-run tendencies," Working papers wpaper23, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    5. Aldo Barba, 2006. "Viability of Pay-As-You-Go pension systems: a demand side perspective," Review of Political Economy, Taylor & Francis Journals, vol. 18(3), pages 413-425.
    6. Taro ABE, 2015. "Egalitarianism Policy and Effective Demand under Globalization," Journal of Economics and Political Economy, KSP Journals, vol. 2(3), pages 374-382, September.
    7. Hiroshi Nishi, 2014. "A Multi-Sectoral Balance-of-Payments-Constrained Growth Model with Sectoral Heterogeneity:International Competition, Productivity Dynamics, and Economic Growth," Discussion papers e-13-005, Graduate School of Economics Project Center, Kyoto University.
    8. Anthony Philip Thirlwall, 2012. "Balance of Payments Constrained Growth Models: History and Overview," Palgrave Macmillan Books, in: Elias Soukiazis & Pedro A. Cerqueira (ed.), Models of Balance of Payments Constrained Growth, chapter 1, pages 11-49, Palgrave Macmillan.
    9. Porcile, Gabriel & de Souza, Alexandre Gomes & Viana, Ricardo, 2011. "External debt sustainability and policy rules in a small globalized economy," Structural Change and Economic Dynamics, Elsevier, vol. 22(3), pages 269-276, September.
    10. Olivier Allain & Nicolas Canry, 2007. "Distribution and Growth in France (1982-2006): A Cointegrated VAR Approach," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00192267, HAL.
    11. Hiroaki Sasaki & Ryunosuke Sonoda & Shinya Fujita, 2013. "International Competition and Distributive Class Conflict in an Open Economy Kaleckian Model," Metroeconomica, Wiley Blackwell, vol. 64(4), pages 683-715, November.
    12. Sasaki, Hiroaki, 2019. "North-South Uneven Development and Income Distribution under the Balance of Payments Constraint," MPRA Paper 91469, University Library of Munich, Germany.
    13. Olivier Allain, 2006. "La modération salariale : le point de vue des (néo-)kaleckiens," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00196500, HAL.
    14. Olivier Allain, 2011. "The impact of income distribution on consumption: a reassessment," Post-Print hal-00712657, HAL.
    15. Gustavo Britto & João Prates Romero, 2011. "Modelos kaldorianos de crescimento e suas extensões contemporâneas," Textos para Discussão Cedeplar-UFMG 449, Cedeplar, Universidade Federal de Minas Gerais, revised Jul 2013.
    16. Gabriel Porcile & Gilberto Tadeu Lima, 2010. "Real exchange rate and elasticity of labour supply in a balance-of-payments-constrained macrodynamics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(6), pages 1019-1039.
    17. Elena Spasova, 2016. "Balance-of-payments constraints on Bulgarian economic growth," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 90-108.
    18. Sebastien Charles & Thomas Dallery & Jonathan Marie, 2022. "The slowing of growth in France: an interpretation based on Thirlwall’s law," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 45(1), pages 100-129, January.
    19. Sasaki, Hiroaki & Sonoda, Ryunosuke, 2022. "International competition, income distribution, and North-South uneven development under the balance of payments constraint," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 9-23.
    20. Hiroaki Sasaki & Shinya Fujita, 2015. "Demand and Income Distribution in a Two-Country Kaleckian Model," Discussion papers e-14-017, Graduate School of Economics Project Center, Kyoto University.
    21. Nishi, Hiroshi, 2016. "A multi-sectoral balance-of-payments-constrained growth model with sectoral heterogeneity," Structural Change and Economic Dynamics, Elsevier, vol. 39(C), pages 31-45.
    22. Peter Dorman, 2001. "Pourquoi la théorie internationale du commerce n'est pas une théorie du commerce international.. Une confirmation du scepticisme robinsonien," Innovations, De Boeck Université, vol. 14(2), pages 159-183.
    23. Gabriel Porcile & Alexandre C.Gomes de Souza & Ricardo Viana, 2008. "Developing Countries in Times of Globalization: A Kaleckian-Minskyan Macro-Model," Anais do XXXVI Encontro Nacional de Economia [Proceedings of the 36th Brazilian Economics Meeting] 200807180125330, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    24. Ricardo Azevedo Araujo & Gilberto Tadeu Lima, 2007. "A structural economic dynamics approach to balance-of-payments-constrained growth," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 31(5), pages 755-774, September.
    25. Robert A. Blecker, 2009. "Long-Run Growth in Open Economies: Export-Led Cumulative Causation or a Balance-of-Payments Constraint?," Working Papers 2009-23, American University, Department of Economics.

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