Currency Devaluation, External Finance and Economic Growth: A Note on the Greek Case
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Anthony P. Thirlwall, 2011.
"The Balance of Payments Constraint as an Explanation of International Growth Rate Differences,"
PSL Quarterly Review, Economia civile, vol. 64(259), pages 429-438.
- Anthony Philip Thirlwall, 1979. "The Balance of Payments Constraint as an Explanation of International Growth Rate Differences," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 32(128), pages 45-53.
- Anthony Philip Thirlwall, 1979. "The Balance of Payments Constraint as an Explanation of International Growth Rate Differences," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 32(128), pages 45-53.
- J. S. L. McCombie & A. P. Thirlwall, 1994. "The Balance-of-Payments Constraint as an Explanation of International Growth Rate Differences," Palgrave Macmillan Books, in: Economic Growth and the Balance-of-Payments Constraint, chapter 3, pages 232-261, Palgrave Macmillan.
- 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.
- Anthony P. Thirlwall, 2011. "Balance of payments constrained growth models: history and overview," PSL Quarterly Review, Economia civile, vol. 64(259), pages 307-351.
- A. P. Thirlwall, 2011. "Balance of Payments Constrained Growth Models: History and Overview," Studies in Economics 1111, School of Economics, University of Kent.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Theodore Katsanevas, 2015. "The Eurozone Crisis and the Structured Grexit as the Proper Alternative for Greece," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 32-47.
- Theodore Mariolis & Nikolaos Rodousakis & Apostolis Katsinos, 2019. "Wage versus currency devaluation, price pass-through and income distribution: a comparative input–output analysis of the Greek and Italian economies," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 8(1), pages 1-23, December.
- Mariolis, Theodore & Soklis, George, 2014. "The Sraffian Multiplier for the Greek Economy: Evidence from the Supply and Use Table for the Year 2010," MPRA Paper 60253, University Library of Munich, Germany.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Andre Nassif & Carmem Aparecida Feijo & Eliane Araújo, 2016.
"Structural change, catching up and falling behind in the BRICS: A comparative analysis based on trade pattern and Thirlwall’s Law,"
PSL Quarterly Review, Economia civile, vol. 69(279), pages 373-421.
- Eliane Araújo & Andre Nassif & Carmem Feijo, 2018. "Structural Change, Catching Up And Falling Behind In The Brics: A Comparative Analysis Based On Trade Pattern And Thirlwall?S Law," Anais do XLIV Encontro Nacional de Economia [Proceedings of the 44th Brazilian Economics Meeting] 89, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
- Micaela Antunes & Elias Soukiazis, 2009.
"How well the balance-of- payments constraint approach explains the Portuguese growth performance: empirical evidence for the 1965-2008 period,"
GEMF Working Papers
2009-13, GEMF, Faculty of Economics, University of Coimbra.
- Micaela Antunes & Elias Soukiazis, 2011. "How well the balance-of- payments constraint approach explains the Portuguese growth performance. Empirical evidence for the 1965-2008 period," ERSA conference papers ersa10p125, European Regional Science Association.
- Marwil J. Dávila-Fernández & Serena Sordi, 2021. "Thirlwall's law: Binding-constraint or centre-of-gravity? A possible Kaleckian solution," Department of Economics University of Siena 853, Department of Economics, University of Siena.
- Magnani, Natalia & Vaona, Andrea, 2013.
"Regional spillover effects of renewable energy generation in Italy,"
Energy Policy, Elsevier, vol. 56(C), pages 663-671.
- Natalia Magnani & Andrea Vaona, 2011. "Regional spillover effects of renewable energy generation in Italy," Working Papers 12/2011, University of Verona, Department of Economics.
- Carlos A. Ibarra & Robert A. Blecker, 2016.
"Structural change, the real exchange rate and the balance of payments in Mexico, 1960–2012,"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 40(2), pages 507-539.
- Robert Blecker, 2014. "Structural Change, the Real Exchange Rate, and the Balance of Payments in Mexico, 1960-2012," Working Papers 2014-01, American University, Department of Economics.
- Popov, Vladimir, 2023. "US dollar is losing it position of a reserve currency: How the BRICS development bank can ensure the soft landing," MPRA Paper 118342, University Library of Munich, Germany.
- 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.
- Nishi, Hiroshi, 2018. "Balance-of-payments-constrained Cyclical Growth with Distributive Class Conflicts and Productivity Dynamics," MPRA Paper 86780, University Library of Munich, Germany.
- Gabriel Porcile & Danilo Sartorello Spinola, 2018.
"Natural, Effective and BOP-Constrained Rates of Growth: Adjustment Mechanisms and Closure Equations,"
PSL Quarterly Review, Economia civile, vol. 71(285), pages 139-160.
- Porcile, Gabriel & Sartorello Spinola, Danilo, 2018. "Natural, effective and BOP-constrained rates of growth: Adjustment mechanisms and closure equations," MERIT Working Papers 2018-003, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Mark Setterfield & Selen Ozcelik, 2017. "Is the balance of payments constrained growth rate time-varying? Exchange rate over valuation, policy-induced recessions, deindustrialization, and long run growth," Working Papers 1726, New School for Social Research, Department of Economics.
- Worrell, DeLisle & Lowe, Shane & Naitram, Simon, 2012. "Growth Forecasts for Foreign Exchange Constrained Economies," MPRA Paper 52169, University Library of Munich, Germany.
- Robert A. Blecker, 2022. "New advances and controversies in the framework of balance‐of‐payments‐constrained growth," Journal of Economic Surveys, Wiley Blackwell, vol. 36(2), pages 429-467, April.
- Dávila-Fernández, Marwil J. & Sordi, Serena, 2019.
"Path dependence, distributive cycles and export capacity in a BoPC growth model,"
Structural Change and Economic Dynamics, Elsevier, vol. 50(C), pages 258-272.
- Marwil J. Dávila-Fernández & Serena Sordi, 2018. "Path dependence, distributive cycles and export capacity in a BoPC growth model," Department of Economics University of Siena 785, Department of Economics, University of Siena.
- Dávila-Fernández, Marwil J. & Sordi, Serena, 2019.
"Distributive cycles and endogenous technical change in a BoPC growth model,"
Economic Modelling, Elsevier, vol. 77(C), pages 216-233.
- Marwil J. Dávila-Fernández & Serena Sordi, 2017. "Distributive cycles and endogenous technical change in a BoPC growth model," Department of Economics University of Siena 760, Department of Economics, University of Siena.
- Penelope Pacheco-Lopez & A.P. Thirlwall, 2005.
"Trade Liberalisation, the Balance of Payments and Growth in Latin America,"
Studies in Economics
0505, School of Economics, University of Kent.
- Penelope Pacheco-Lopez & A.P. Thirlwall, 2005. "Trade Liberalisation, the Balance of Payments and Growth in Latin America," Studies in Economics 0506, School of Economics, University of Kent.
- Carlos Alberto Restrepo Rivillas & Edna Carolina Sastoque Ramírez & Isidro Hernández Rodríguez, 2021. "Proceso de Industrialización en colombia. Desempeño y condiciones institucionales," Books, Universidad Externado de Colombia, Facultad de Administración de Empresas, number 56, August.
- Carlo D'Ippoliti, 2013. "Introduzione: L'Unione Europea e' "mammona" (Introduction: A Pansy European Union)," Moneta e Credito, Economia civile, vol. 66(264), pages 377-395.
- Enno Schröder, 2015.
"Eurozone Imbalances: Measuring the Contribution of Expenditure Switching and Expenditure Volumes 1990-2013,"
Working Papers
1508, New School for Social Research, Department of Economics, revised Sep 2015.
- Enno Schröder, 2016. "Euro Area Imbalances: Measuring the Contribution of Expenditure Growth and Expenditure Switching," Working Papers 1604, New School for Social Research, Department of Economics.
- Sergio Parrinello, 2014.
"A search for distinctive features of demand-led growth models,"
PSL Quarterly Review, Economia civile, vol. 67(270), pages 309-342.
- Parrinello, Sergio, 2014. "A Search for Distinctive Features of Demand-led Growth Models," Centro Sraffa Working Papers CSWP2, Centro di Ricerche e Documentazione "Piero Sraffa".
- Nell, Kevin, 2023. "Inflation and growth in developing economies: A tribute to Professor Thirlwall," MPRA Paper 118757, University Library of Munich, Germany, revised 01 Sep 2023.
- Blecker, Robert A. & Ibarra, Carlos A., 2013.
"Trade liberalization and the balance of payments constraint with intermediate imports: The case of Mexico revisited,"
Structural Change and Economic Dynamics, Elsevier, vol. 25(C), pages 33-47.
- Robert A. Blecker & Carlos A. Ibarra, 2013. "Trade liberalization and the balance of payments constraint with intermediate imports: the case of Mexico revisited," Working Papers 2013-02, American University, Department of Economics.
More about this item
Keywords
Drachma Devaluation; Greek Economy; Dynamic Input-Output Price Models; Thirlwall’s Model;All these keywords.
JEL classification:
- C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
- D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
- E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FDG-2013-03-23 (Financial Development and Growth)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:45257. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.