Imposing a balance of payment constraint on the Kaldorian model of cumulative causation
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"The Balance of Payments Constraint as an Explanation of International Growth Rate Differences,"
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- 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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More about this item
Keywords
Cumulative causation; balance of payments constraint; export-led growth; capital account openness; exchange rate regime.;All these keywords.
JEL classification:
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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