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Original Articles

Thirlwall’s Law and Uneven Development

Pages 367-390 | Published online: 03 Nov 2015

Keep up to date with the latest research on this topic with citation updates for this article.

Read on this site (6)

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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Alberto Bagnai & Arsène Rieber. (2019) Killing two birds with one currency: Income and fiscal policies in a growth model of a currency union. Journal of Post Keynesian Economics 42:2, pages 274-298.
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Florencia Médici & Demian Tupac Panigo. (2015) Balance-of-payment-constrained growth in unbalanced productive structures: disregarded terms of trade negative effects. Journal of Post Keynesian Economics 38:2, pages 192-217.
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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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LeonardoV. Vera. (2006) The balance-of-payments—constrained growth model: a north—south approach. Journal of Post Keynesian Economics 29:1, pages 67-92.
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Articles from other publishers (25)

Klemen Knez. (2023) Technology diffusion and uneven development. Journal of Evolutionary Economics 33:4, pages 1171-1195.
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Vinicius Curti Cícero & Gilberto Tadeu Lima. (2023) Functional distribution of income as a determinant of importing behavior: An empirical analysis. Structural Change and Economic Dynamics 65, pages 393-405.
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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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Hiroaki Sasaki & Ryunosuke Sonoda. (2022) International competition, income distribution, and North-South uneven development under the balance of payments constraint. Structural Change and Economic Dynamics 62, pages 9-23.
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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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Nina Eichacker. 2022. Debates in Monetary Macroeconomics. Debates in Monetary Macroeconomics 149 172 .
Hiroaki Sasaki. (2021) Thirlwall’s law, uneven development, and income distribution. Metroeconomica 72:3, pages 592-611.
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Shouvik Chakraborty & Prabirjit Sarkar. (2020) FROM THE CLASSICAL ECONOMISTS TO EMPIRICISTS: A REVIEW OF THE TERMS OF TRADE CONTROVERSY. Journal of Economic Surveys 34:5, pages 1111-1133.
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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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Lídia Brochier. (2020) Conflicting‐claims and labour market concerns in a supermultiplier SFC model. Metroeconomica 71:3, pages 566-603.
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RICARDO AZEVEDO ARAUJO, MATHEUS SILVA DE PAIVA, JULIO FERNANDO COSTA SANTOS & GUILHERME JONAS COSTA DA SILVA. (2017) Economic growth and structural change in a multi-sector and multilateral approach to balance-of-payments constrained growth. Brazilian Journal of Political Economy 37:4, pages 894-915.
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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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Jose Caraballo-Cueto. (2016) Free trade zones, liberalization, remittances, and tourism, for what?. International Journal of Development Issues 15:2, pages 181-200.
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Arslan Razmi. (2015) The Limits to Wage-Led Growth in A Low-Income Economy. Metroeconomica 66:4, pages 740-770.
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Armon Rezai. (2015) Demand and distribution in integrated economies. Cambridge Journal of Economics 39:5, pages 1399-1414.
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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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Jaime Ros Bosch & Pedro Hugo Clavijo Cortes. (2015) Respuesta a Ibarra, Pérez y Vernengo. Investigación Económica 74:292, pages 81-90.
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Anthony Philip Thirlwall. 2012. Models of Balance of Payments Constrained Growth. Models of Balance of Payments Constrained Growth 11 49 .
Ricardo Azevedo Araujo & Joanílio Rodolpho Teixeira. (2011) Structural change and macrodynamic capabilities. Nova Economia 21:3, pages 331-349.
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Hiroaki Sasaki. (2011) TRADE, NON-SCALE GROWTH AND UNEVEN DEVELOPMENT. Metroeconomica 62:4, pages 691-711.
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A. Razmi. (2010) Exploring the robustness of the balance of payments-constrained growth idea in a multiple good framework. Cambridge Journal of Economics 35:3, pages 545-567.
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Giuliano Toshiro Yajima & Lorenzo Nalin. (2022) Financial Barriers to Structural Change in Developing Economies: A Theoretical Framework. SSRN Electronic Journal.
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Arpan Ganguly & Danilo Spinola. (2022) Growth and Distribution Regimes Under Global Value Chains: Diversification, Integration and Uneven Development. SSRN Electronic Journal.
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