Economic growth and the long run balance of payments constraint in Spain

References

• Aixalá , J. 1868–1995 . La peseta y los precios: un análisis de largo plazo , Zaragoza : Prensas Universitarias de Zaragoza . forthcoming
   Google Scholar
• Alonso, J.A. (1988) el sector exterior. In Espana Economía. J.L.García Delgo (ed). Madrid: Espasa-Calpe, pp.273–365.
   Google Scholar
• Alonso , J. A. 1996 . Enfoques postkeynesianos sobre el crecimiento: una aplicacidn a Espaiio. Itlforrnacoión Comercial Espanola , November : 103 – 120 .
   Google Scholar
• Atesoglu , H. S. 1997 . Balance-of-payment-constrained growth model and its implications for the United Sates. Journal.of Post Keynesian Economics , 19 ( 3 ) : 327 – 335 .
   Google Scholar
• Bairam , E. 1988 . Balance of payments. The Harrod foreign trade multiplier and econonlic growth: the European and North American experience. 1970–85. Applied Economics , 20 : 163 – 542 .
   Google Scholar
• Banerjee , A. and Hendry , D. 1992 . Testing integration and cointegration: an overview. Oxford Bulletin of Economics and stattistic , 54 ( 3 ) : 225 – 255 .
   Web of Science ®Google Scholar
• Banerjee , A , Dolado , J. , Galbraith , J. W. and Hendry , D. F. 1993 . Cointegration.Error Correction and !lie Econometric Analysis of Non-Staionary Data , Oxford : Oxford University Press. .
   Google Scholar
• Corrales , A. and Taguas , D. 1991 . “ Series macroeconómicas para el periodo 1954–1989: un intento de homogeneizacion. In La economia espaniola: una perspectiva macro-económica. ” . Edited by: Molinas , C. , Sebastijn , M. and Zabalza , A. 583 – 646 . Madrid : Anton1 Bosch . lnstituto de Estudios Fiscales
   Google Scholar
• Chamorro , S. , Comendador , R. , Dolado , J. J. , Repullo , R and Rodriguez , J. 1975 . Las balanzas de pagos de Espana del periodo de la autarquia. Informacicon Comercial Espanola , June : 161 – 188 .
   Google Scholar
• Charemza , W. W. and Deadman , D. 1992 . New Directions in Econometric Practice , Aldershot : Edward Elgar .
   Google Scholar
• Dirección General de Aduanas . In Estadisticas históricas cle Espana , Edited by: Carreras , A. Madrid : Fundación Banco Exterior . Siglos XIX-XX
   Google Scholar
• Hieke , H. 1997 . Balance-of-payments-constrained growth: a reconsideration of the evidence for the U.S. economy. Journal of Post Keynesian Economics , 19 ( 3 ) : 313 – 335 .
   Google Scholar
• Instituto Nacional de Estadistica (INE) (1958) Comercio exterior de Espana , Nlirúmeros indices . 1901–1956 . Madrid : Instituto Nacional de Estadistica (INE) . Anuario Estadistico de Espafia Madrid
   Google Scholar
• Instituto Nacional de Estadística (INE) (1960) Anuario Estadístico de Espana Madrid.
   Google Scholar
• International Monetary Fund . 1986 . “ International Financial Statistics ” . In Supplement on price statistics. Supplement series. 12 , Washington, DC : Publishing Unit . International Monetary Fund
   Google Scholar
• International Monetary Fund . 1988 . “ International Financial Statistics ” . In Supplement on trade statistics. Supplement series. 15 , Washington, DC : Publishing Unit . International Monetary Fund
   Google Scholar
• International Monetary Fund . 1989 . International Financial Statistics. Yearbook , Washington, DC : Publishing Unit . International Monetary Fund
   Google Scholar
• Johansen , S and Juselius , K. 1990 . Maximum likelihood estimation and inference on cointegration - with applications to the demand for money. Oxford Bulletin of Economics and Statistics , 52 : 169 – 210 .
   Google Scholar
• Johansen , S and Juselius , K. 1992 . Testing structural hypotheses in a multivarate co-integration analysis of the PPP and UIP for UK. Journal of Econometrics , 53 : 211 – 244 .
   Google Scholar
• Johansen , S. 1995 . Likelihood-Based Inference in Cointegrated Vector Auto-Regressive Models , Oxford : Oxford University Press .
   Google Scholar
• Maddison , A. 1997 . “ La economía mundial 1820–1992 ” . In Análisis y perspectivas , París : Perspectivas OCDE .
   Google Scholar
• Martín Acena , P. 1989 . El sistema financiero. in Estadisticas históricas de Espana. Siglos XIX-XX. A. Carreras , 363 – 394 . ed) Madrid : Fundaci6n Banco Exterior .
   Google Scholar
• McCombie , J. S. L. 1989 . Thirlwall ‘s Law and balance of payments constrained growth - a comment on the debate. Applied Economics , 21 : 611 – 629 .
   Google Scholar
• McCombie , J. S. L. 1997 . On the empirics of balance-of-payments-constrained growth. Journal of Post Keynesian Economics , 19 ( 3 ) : 345 – 375 .
   Web of Science ®Google Scholar
• McCombie , J. S. L. and Thirlwall , A. P. 1994 . Economic Growth and the Balance-of-Payments Constraint , London : Macmillan .
   Google Scholar
• McCombie , J. S. L. and Thirlwall , A. P. 1997 . The dynamic Harrod foreign trade multiplier and the demand-orientated approach to economic growth: an evaluation. International Review of Applied Economics , 11 ( 1 ) : 5 – 26 .
   Google Scholar
• Mitchell , B. R. 1992 . International Historical Statistics. Europen 1750–1988 , New York : Stockton Press .
   Google Scholar
• Mitchell , B. R. 1993 . International Historical Statistics. The Americans 1750–1988 , New York : Stockton Press .
   Google Scholar
• Phillips , P. and Hansen , B. E. 1990 . Statistical inference in instrumental variables regression with I(1) processes . Review of Economic Studies , 57 : 99 – 125 .
   Web of Science ®Google Scholar
• Serrano , J. M. and Asensio , M. J. 1997 . El ingenierismo cambiario. La peseta en 10s años de cambio múltiple. Revista de Historia Econömica XV , 3
   Google Scholar
• Thirlwall , A. P. 1979 . The balance of payments constraint as an explanation of international growth rate differences. Banca Nazionale del Luvoro Quaterly Review , March : 45 – 53 .
   Google Scholar
• Thirlwall , A. P. 1997 . Reflections on the concept of balance-of-payments-constrained growth. Journal of Post Keynesian Economics. , 19 ( 3 ) Spring : 377 – 385 .
   Web of Science ®Google Scholar
• Thirlwall , A. P. and Hussain , M. N. 1982 . The balance of payments constraint. Capital flows and growth rate differences between developing countries. Oxford Economic Papers , November : 498 – 509 .
   Google Scholar