Foreign trade elasticities in centre-periphery models of growth and development

The Author looks at the difference in growth rates among countries and argues that they can be traced to the strength of the balance of payments position, determined largely by the propensity to export relative to the propensity to import. Relative growth performance, thus, can be understood by look...

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Bibliographic Details
Main Author: Anthony Philip Thirlwall
Format: Article
Language:English
Published: Associazione Economia civile 1983-09-01
Series:PSL Quarterly Review
Subjects:
Online Access:http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10359/10267