jalalpanahi, reza

[ 1 ] - Balance of Payment Constrained Growth in Tow Developing and Developed Oil-Exporting Economies (Case Study: Iran and Norway)

In this study, we aim to compare results of the basic and extensive forms of the Thirlwall model (balance of payment constrained growth model) for two economies including Iran and Norway. In this model, demand variables i. e. export and import determine the limit of economic growth in the long run. The balance of payment (deficit) can be a factor as a constraint on the rate of growth of output ...