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- W1503289129 abstract "This paper applies Thirlwall’s basic balance-of-payments constraint model to Brazilian economic growth in the period 1955-98, using cointegration technique. According to Thirlwall (1979) and MacCombie and Thirlwall (1994) the dynamic Harrod foreign multiplier, that is, demand-induced economic growth, determines long-term economic growth. The results show that there is a positive cointegration between growth in exports and long-term economic growth in Brazil which conclusion supports Thirlwall’s model." @default.
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- W1503289129 date "2001-01-01" @default.
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- W1503289129 title "Balance-of-payments constrained economic growth in Brazil" @default.
- W1503289129 hasPublicationYear "2001" @default.
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