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Ley de Thirlwall y modelo de brechas: un modelo unificado

Author

Listed:
  • Mario García Molina
  • Jeanne Kelly Ruíz Tavera

Abstract

Este artículo presenta un modelo unificado de las dos principales explicaciones del crecimiento basadas en la demanda: la ley de Thirlwall y el modelo de dos brechas. Se muestra que, bajo ciertas especificaciones, la brecha externa es equivalente a la ley de Thirlwall con flujos de capital. El modelo unificado está expresado en tasas de crecimiento y es útil para explicar, en especial, el crecimiento de países en desarrollo en el corto plazo. Además, se muestran algunas implicaciones de política que se derivan del mismo.

Suggested Citation

  • Mario García Molina & Jeanne Kelly Ruíz Tavera, 2008. "Ley de Thirlwall y modelo de brechas: un modelo unificado," Documentos de Trabajo, Escuela de Economía 4835, Universidad Nacional de Colombia, FCE, CID.
    • Handle: RePEc:col:000178:004835
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    File URL: http://fce.unal.edu.co/centro-editorial/docs/escuela-de-economia/5-ley-de-thirlwall-y-modelo-de-brechas-un-modelo-unificado
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    References listed on IDEAS

    as
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    6. Juan Carlos Moreno-Brid, 1999. "Mexico's Economic Growth and the Balance of Payments Constraint: A cointegration analysis," International Review of Applied Economics, Taylor & Francis Journals, vol. 13(2), pages 149-159.
    7. J. S. L. McCombie & A. P. Thirlwall, 1994. "Economic Growth and the Balance-of-Payments Constraint," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-23121-8.
    8. Thirlwall, Anthony P & Hussain, Mohammed Nureldin, 1982. "The Balance of Payments Constraint, Capital Flows and Growth Rate Differences between Developing Countries," Oxford Economic Papers, Oxford University Press, vol. 34(3), pages 498-510, November.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Modelos keynesianos; comercio exterior; crecimiento económico; desarrollo económico.;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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