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Journal of Post Keynesian Economics Volume 21, 1998 - Issue 2
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Original Articles

A New Approach to Balance-of-Payments Constraint: Some Empirical Evidence

José A. Alonso
&
Carlos Garcimartín
Pages 259-282 | Published online: 03 Nov 2015

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Juan Miguel Massot & Román David Merga. (2022) A Balance-of-Payments-Constrained Growth Model for a Small Commodity Exporting Country: Argentina Between 1971 and 2016. International Review of Applied Economics 36:4, pages 564-588.
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Elias Soukiazis, Micaela Antunes & Ioannis Kostakis. (2018) The Greek economy under the twin-deficit pressure: a demand orientated growth approach. International Review of Applied Economics 32:2, pages 215-236.
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PabloIgnacio Chena. (2014) Balance-of-payments-constrained growth in Argentina (1976-2006). Journal of Post Keynesian Economics 36:4, pages 699-718.
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Carlos Garcimartín, JoséAntonio Alonso & Luis Rivas. (2014) Balance-of-payments-constrained growth and convergence: one more piece of the jigsaw. Journal of Post Keynesian Economics 36:3, pages 555-585.
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Elias Soukiazis, PedroAndré Cerqueira & Micaela Antunes. (2013) Growth rates constrained by internal and external imbalances and the role of relative prices: empirical evidence from Portugal. Journal of Post Keynesian Economics 36:2, pages 275-298.
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EvaYamila da Silva Catela & Gabriel Porcile. (2012) Keynesian and Schumpeterian efficiency in a BOP-constrained growth model. Journal of Post Keynesian Economics 34:4, pages 777-802.
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Elias Soukiazis & Micaela Antunes. (2011) Application of the balance-of-payments-constrained growth model to Portugal, 1965-2008. Journal of Post Keynesian Economics 34:2, pages 353-380.
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Carlos Garcimartín, LuisA. Rivas & PilarGarcía Martínez. (2010) On the role of relative prices and capital flows in balance-of-payments-constrained growth: the experiences of Portugal and Spain in the euro area. Journal of Post Keynesian Economics 33:2, pages 281-306.
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RaphaelRocha Gouvea & GilbertoTadeu Lima. (2010) Structural change, balance-of-payments constraint, and economic growth: evidence from the multisectoral Thirlwall's law. Journal of Post Keynesian Economics 33:1, pages 169-204.
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Amitava Krishna Dutt. (2002) Thirlwall’s Law and Uneven Development. Journal of Post Keynesian Economics 24:3, pages 367-390.
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John Marangos. (2001) International Trade Policies for Transition Economies: The Post Keynesian Alternative. Journal of Post Keynesian Economics 23:4, pages 689-704.
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Julio López G.Alberto Cruz B.. (2000) “Thirlwall’s Law” and Beyond: The Latin American Experience. Journal of Post Keynesian Economics 22:3, pages 477-495.
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Articles from other publishers (31)

Yang Yang, Yanling Tang, Ren Zhang & Li Wu. (2023) Investigating the impact of technology and noise shocks on capital flows. Finance Research Letters 56, pages 104051.
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Marwil J. Dávila‐Fernández & Serena Sordi. (2023) Thirlwall's law: Binding constraint or ‘centre‐of‐gravity’?. Metroeconomica.
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Lewis Chimfwembe & Kevin S. Nell. (2023) The relevance of Thirlwall’s growth law in the Zambian economy. Metroeconomica.
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Thomas H. W. Ziesemer. (2022) Semi-endogenous growth in a non-Walrasian DSEM for Brazil: estimation and simulation of changes in foreign income, human capital, R&D, and terms of trade. Economic Change and Restructuring 56:2, pages 1147-1183.
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Zhandos Ybrayev. (2022) Balance-of-payments-constrained growth model: an application to the Kazakhstan’s economy. Eurasian Economic Review 12:4, pages 745-767.
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Musa Esuwa Shingil, Huseyin Ozdeser & Andisheh Saliminezhad. (2022) Investigation of Balance of Payment Constrained Growth Model: The Impact of Export Growth, Capital Flows, and Real Effective Exchange Rate on Growth of the UK. SAGE Open 12:2, pages 215824402210850.
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Robert A. Blecker. (2021) New advances and controversies in the framework of balance‐of‐payments‐constrained growth. Journal of Economic Surveys 36:2, pages 429-467.
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Danilo Spinola. (2020) Uneven development and the balance of payments constrained model: Terms of trade, economic cycles, and productivity catching-up. Structural Change and Economic Dynamics 54, pages 220-232.
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Virmantas Kvedaras, Carlos Garcimartín & Jhonatan Astudillo. (2020) Balance-of-Payments constrained growth dynamics: An empirical investigation. Economic Modelling 89, pages 232-244.
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Irfan Civcir & M. Emir Yücel. (2020) Effects of Internal and External Imbalances and the Role of Relative Prices on Economic Growth: Evidence From Turkey. SAGE Open 10:2, pages 215824402091949.
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Rafael Saulo Marques Ribeiro, John S.L. McCombie & Gilberto Tadeu Lima. (2017) A reconciliation proposal of demand-driven growth models in open economies. Journal of Economic Studies 44:2, pages 226-244.
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Luciano Boggio & Laura Barbieri. (2017) International competitiveness in post-Keynesian growth theory: controversies and empirical evidence. Cambridge Journal of Economics 41:1, pages 25-47.
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Hiroshi Nishi. (2016) A multi-sectoral balance-of-payments-constrained growth model with sectoral heterogeneity. Structural Change and Economic Dynamics 39, pages 31-45.
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Arslan Razmi. (2016) Correctly analysing the balance-of-payments constraint on growth. Cambridge Journal of Economics 40:6, pages 1581-1608.
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Carlos Garcimartin, Virmantas Kvedaras & Luis Rivas. (2016) Business cycles in a balance-of-payments constrained growth framework. Economic Modelling 57, pages 120-132.
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Marwil J. Dávila-Fernández & Gilberto A. Libânio. (2016) Goodwin cycles and the BoPC growth paradigm: A macrodynamic model of growth and fluctuations. EconomiA 17:3, pages 324-339.
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Marwil J. Dávila-Fernández. (2016) Fluxo de capitais, diferencial de juros e o modelo de crescimento com restrição no balanço de pagamentos: uma perspectiva teórica. Nova Economia 26:1, pages 241-262.
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Marwil Dávila-Fernández & Adriana Amado. (2015) Entre a lei de Thirlwall e a hipótese Prebisch-Singer: uma avaliação da dinâmica dos termos de troca em um modelo de crescimento com restrição no Balanço de Pagamentos. Economia e Sociedade 24:1, pages 87-119.
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Pedro Hugo Clavijo Cortes & Jaime Ros Bosch. (2015) La Ley de Thirlwall: una lectura crítica. Investigación Económica 74:292, pages 11-40.
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Elias Soukiazis, Pedro André Cerqueira & Micaela Antunes. (2014) Explaining Italy's economic growth: A balance-of-payments approach with internal and external imbalances and non-neutral relative prices. Economic Modelling 40, pages 334-341.
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Ricardo Azevedo Araujo. (2013) Cumulative causation in a structural economic dynamic approach to economic growth and uneven development. Structural Change and Economic Dynamics 24, pages 130-140.
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Ricardo Azevedo Araujo. (2012) Efeitos de variações cambiais em uma abordagem de dinâmica de mudança estrutural à teoria do crescimento restrito pelo balanço de pagamentos. Economia e Sociedade 21:3, pages 585-606.
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Mario Cimoli, Gabriel Porcile & Guilherme Souza e Silva. (2012) Reciprocidade implícita e crescimento na economia internacional: uma perspectiva estruturalista. Revista de Economia Política 32:2, pages 188-204.
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Elias Soukiazis, Pedro A. Cerqueira & Micaela Antunes. (2012) Modelling economic growth with internal and external imbalances: Empirical evidence from Portugal. Economic Modelling 29:2, pages 478-486.
Crossref
Ricardo Azevedo Araujo. 2012. Models of Balance of Payments Constrained Growth. Models of Balance of Payments Constrained Growth 217 238 .
Carlos Garcimartín, José Antonio Alonso & Luis Rivas. 2012. Models of Balance of Payments Constrained Growth. Models of Balance of Payments Constrained Growth 189 216 .
Virmantas Kvedaras. 2012. Models of Balance of Payments Constrained Growth. Models of Balance of Payments Constrained Growth 168 186 .
Elias Soukiazis, Pedro André Cerqueira & Micaela Antunes. 2012. Models of Balance of Payments Constrained Growth. Models of Balance of Payments Constrained Growth 144 167 .
Anthony Philip Thirlwall. 2012. Models of Balance of Payments Constrained Growth. Models of Balance of Payments Constrained Growth 11 49 .
Gülsüm (ÖZKAN) AKALIN. (2002) THIRLWALL YASASI ve MAKROEKONOMİK SONUÇLARI. Öneri Dergisi 5:17, pages 203-210.
Crossref
Robert A. Blecker. (2000) The Balance-of-Payments-Constrained Growth Model and the Limits to Export-Led Growth. East Asian Economic Review 4:4, pages 79-108.
Crossref

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