Thirlwall´s law and foreing capital in Brazil

dc.contributores-ES
dc.contributoren-US
dc.creatorCANUTO, OCTAVIANO
dc.creatorLUIZ FERREIRA, ALEX
dc.date2009-10-05
dc.date.accessioned2018-03-16T15:02:13Z
dc.date.available2018-03-16T15:02:13Z
dc.identifierhttp://ojs.unam.mx/index.php/rme/article/view/4330
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/1196309
dc.descriptionTHIS PAPER ADDRESSES THE HYPOTHESIS OF BALANCE OF PAYMENTS CONSTRAINT TO INCOME GROWTH IN BRAZIL THROUGH AN EXTENDED VERSION OF ”THIRLWALL´S LAW” [THIRLWALL (1979)] THE PERIOD COVERED BY THE TESTS IS FROM 1949 TO 1999. WE AIM TO COMPLEMENT EXISTING APPLICATIONS OF OPEN-ECONOMY KEYNESIAN MODELS TO BRAZIL BY EXPLICITLY INTRODUCING THE EFFECTS OF NET PAYMENTS OF INTEREST, DIVIDENS AND PROFITS (OF THE BALANCE OF PAYMENT´S CURRENT ACCOUNT) ON THE DOMESTIC INCOME GROWTH RATE. ADDITIONALLY, THE PAPER PRESENTS A TEST OF GRANGER CAUSALITY REGARDING, ON THE ONE HAND, INCOME-ELASTICITIES OF EXPORTS AND IMPORTS AND ON THE OTHER, ECONOMIC GROWTH. OUR FINDINGS DO NOT REJECT THE HYPOTHESIS UNDERLYING THIRLWALL´S GROWTH LAW.es-ES
dc.descriptionTHIS PAPER ADDRESSES THE HYPOTHESIS OF BALANCE OF PAYMENTS CONSTRAINT TO INCOME GROWTH IN BRAZIL THROUGH AN EXTENDED VERSION OF ”THIRLWALL´S LAW” [THIRLWALL (1979)] THE PERIOD COVERED BY THE TESTS IS FROM 1949 TO 1999. WE AIM TO COMPLEMENT EXISTING APPLICATIONS OF OPEN-ECONOMY KEYNESIAN MODELS TO BRAZIL BY EXPLICITLY INTRODUCING THE EFFECTS OF NET PAYMENTS OF INTEREST, DIVIDENS AND PROFITS (OF THE BALANCE OF PAYMENT´S CURRENT ACCOUNT) ON THE DOMESTIC INCOME GROWTH RATE. ADDITIONALLY, THE PAPER PRESENTS A TEST OF GRANGER CAUSALITY REGARDING, ON THE ONE HAND, INCOME-ELASTICITIES OF EXPORTS AND IMPORTS AND ON THE OTHER, ECONOMIC GROWTH. OUR FINDINGS DO NOT REJECT THE HYPOTHESIS UNDERLYING THIRLWALL´S GROWTH LAW.en-US
dc.formatapplication/pdf
dc.languagespa
dc.publisherRevista Momento Económicoes-ES
dc.relationhttp://ojs.unam.mx/index.php/rme/article/view/4330/3863
dc.sourceRevista Momento Económico; No 125 (2003)es-ES
dc.source0186-2901
dc.subjectes-ES
dc.subjectBALANCE OF PAYMENTS; CURRENT ACCOUNT; CAPITAL ACCOUNT; INCOME GROWTHen-US
dc.titleThirlwall´s law and foreing capital in Braziles-ES
dc.titleen-US
dc.typeArtículos de revistas
dc.typeArtículos de revistas


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