This paper contributes to the literature on balance-of-payments constrained growth by investigating how structural change identified with changes in the sectoral composition of exports and imports affects the external ...

This dissertation aims to analyze the long-term economic growth of member countries of Mercosur, making use of the Keynesian approach to growth under external constraint. In this context, we seek to test, empirically, the ...

This paper puts forward a unified model of two of the most relevant demand-based explanations of economic growth—ThirlwalVs law and the two-gap model. Under certain specifications, it is shown that ThirlwalVs law extended ...

This study had as main objective to evaluate if the external restriction was a limiter of the economic growth of the countries that are part of the economic block called BRICS. Therefore, the main theories in the literature ...

The present objective of this work is to demonstrate compliance of Thirlwall law in the Ecuadorian Economy, between 1980 – 2016 with Bach information collected every three months. Whit this to demonstrate that the economy ...

Explaining the Brazilian economic growth performance during the 20th is a challenging task to academics. As shown, Brazil had already experienced faster growth and recently it is far from such belle époque. Most explanation ...