FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAW
A simple equation is considered whose empirical analysis could confirm – or reject – the validity of Thirlwall’s Law. Autoregressive Distributed Lags (Bounds) approach is used to establish the empirical adequacy of the Law. The analysis, working with data for 58 countries and covering the years 1960...
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Bielsko-Biała School of Finance and Law
2017-04-01
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| Series: | Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
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| Online Access: | http://asej.eu/gicid/01.3001.0012.2593 |
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doaj-537cc469a4534ae7a69a823dd76786d22020-11-25T01:31:21ZengBielsko-Biała School of Finance and LawZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej2543-91032543-411X2017-04-01211758610.19192/wsfip.sj1.2017.501.3001.0012.2593FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAWLeon Podkaminer0Bielsko-Biała School of Finance and Law Department of Finance and Information TechnologiesA simple equation is considered whose empirical analysis could confirm – or reject – the validity of Thirlwall’s Law. Autoregressive Distributed Lags (Bounds) approach is used to establish the empirical adequacy of the Law. The analysis, working with data for 58 countries and covering the years 1960-2012, suggests that the Law may not hold for the decisive majority of countries considered. http://asej.eu/gicid/01.3001.0012.2593Thirlwall’s Lawtrade elasticitiesbalanced growthco-integrationARDL |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Leon Podkaminer |
| spellingShingle |
Leon Podkaminer FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAW Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej Thirlwall’s Law trade elasticities balanced growth co-integration ARDL |
| author_facet |
Leon Podkaminer |
| author_sort |
Leon Podkaminer |
| title |
FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAW |
| title_short |
FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAW |
| title_full |
FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAW |
| title_fullStr |
FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAW |
| title_full_unstemmed |
FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAW |
| title_sort |
further evidence on the validity of thirlwall’s law |
| publisher |
Bielsko-Biała School of Finance and Law |
| series |
Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej |
| issn |
2543-9103 2543-411X |
| publishDate |
2017-04-01 |
| description |
A simple equation is considered whose empirical analysis could confirm – or reject – the validity of Thirlwall’s Law. Autoregressive Distributed Lags (Bounds) approach is used to establish the empirical adequacy of the Law. The analysis, working with data for 58 countries and covering the years 1960-2012, suggests that the Law may not hold for the decisive majority of countries considered.
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| topic |
Thirlwall’s Law trade elasticities balanced growth co-integration ARDL |
| url |
http://asej.eu/gicid/01.3001.0012.2593 |
| work_keys_str_mv |
AT leonpodkaminer furtherevidenceonthevalidityofthirlwallslaw |
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