کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
7388764 | 1481017 | 2018 | 19 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Endogenizing non-price competitiveness in a BoPC growth model with capital accumulation
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
On a theoretical level this article revisits Thirlwall's rule (or law) proposing a new channel through which it is possible to endogenize non-price competitiveness in the BoPC framework. We develop a model that formalizes the inverted-U relationship hypothesis that non-price competitiveness rises as countries move from a primary productive structure to light manufacturers and then decreases as richer countries get locked into antiquated industrial structures. We name it the stratification mechanism. Finally we incorporate the supply side of the economy into the structure of the model in order to avoid the so called inconsistency problem.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Structural Change and Economic Dynamics - Volume 44, March 2018, Pages 77-87
Journal: Structural Change and Economic Dynamics - Volume 44, March 2018, Pages 77-87
نویسندگان
Marwil J. Dávila-Fernández, José L. Oreiro, Mario W. Dávila Dávila,