Economic growth and balance-of-payments constraint in Brazil: An analysis of the 1995–2013 period
The purpose of this work is to analyze the balance-of-payments-constrained growth in Brazil considering Thirwall’s Law (1979). To this end, we estimate export and import demand functions using two econometric models: vector error correction and structural state space model for the period of 1995–201...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2018-01-01
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| Series: | EconomiA |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S1517758016301266 |