THIRLWALL YASASI ve MAKROEKONOMİK SONUÇLARI

Yıl 2002, , 203 - 210, 30.01.2002

Gülsüm (özkan) Akalın

https://doi.org/10.14783/maruoneri.683488

Cited By: 2

Öz

In this paper, it is deal with “Thirlwall’s Law” and Balance-of-Patments Constraint Growth Model developed by A. P. Thirlwall and their macroeconomic implications. This model is known as an approach to PostKeynesian Growth Models. Therefore, a brief summary of PostKeynesian Theory is held and introduced. Then, sample countries results which are tested for the Law are taken into account.

Anahtar Kelimeler

Thirlwall yasası, Thirlwall

Kaynakça

• [1] FROYEN, Richard T., Macroeconomics, Theories, and Policies, Upper Saddle River, 1996, s.416.
• [2] DAVIDSON, Paul, PostKeynesian Theory, Cambridge, 1994.
• [3] BLECKER, Robert A., "The Diminishing Return to Export-Led Growth", http://www.cfr.org/public/pubs/blecker-Diminishing-paper.pdf, 2, 2000.
• [4] ÇAKMAK, Ahmet, Ortodoks Makro İktisada Giriş, İstanbul, 1997, s.24.
• [5] DOW, Sheila C., The Methodology of Macroeconomic Thought, Cheltenham, 1998, ss.18,19,76-80.
• [6] SAVAŞ, Vural F., İktisatın Tarihi, İstanbul, 1997, ss.922-948.
• [7] PAYA, Merih, Makro İktisat, İstanbul, 1997, ss.262-263.
• [8] THIRLWALL, A. P., "The Balance of Payments Constraint As An Explanation of International Growth Rate Differences", Banco Nazionale Del Lavoro, No. 128, March 1979.
• [9] McGREGOR, Peter G.; SWALLES, J. K., "Professor Thirlwall and Balance of Payments Constraint Growth", Applied Economics, 17, 1995.
• [10] THIRLWALL, A.P., "Balance of Payments Constraint Growth: A Reply to McGregor and Swalles", Applied Economics, 1986.
• [11] THIRLWALL, A. P., "Foreign Trade Elasticies in CenterPeriphery Models of Growth and Development", Banco Nazionale del Lavoro, No.146, Sept. 1983.
• [12] THIRLWALL, A. P.; HUSSAIN, M. Nureldin, "The Balance of Payments Constraint, Capital Flows and Growth Rate Differences Between Developing Countries", Oxford Economic Papers, 34, 1982, ss.498-510.
• [13] THIRLWALL, A.P., "Reflections on the Concept of Balance of Payments Constrained Growth, Journal PostKeynesian Economics, Spring, Vol.19, No.3, 1997, s.384.
• [14] HIEKE, Hubert, "Balance of Payments Constrained Growth; A Reconsideration of the Evidence for the U.S. Economy", Journal of PostKeynesian Economics, Vol.19, No.3, Spring 1997, ss.313-326.
• [15] ATEŞOGLU, H. Sönmez, "Balance of Payment Constrained Growth: Evidence From United States", Journal of PostKeynesian Economics, Vol.15, No.4, Summer 1993, ss.507-514.
• [16] ATEŞOGLU, H. Sönmez, "An Explanation of the Slowdown in U.S. Economic Growth", Applied Economics Letters, 2, 1995, ss.91-94.
• [17] ATEŞOGLU, H. Sönmez, "Balance of Payments Constrained Growth Model and Its Implications for United States", Journal of PostKeynesian Economics, Vol.19, No.3, 1997, ss.327-336.
• [18] BAIRAM, Erkın I., "Balance of Payments, the Harrod Foreign Trade Multiplier and Economic Growth: The European and North American Experience, 1920-1985, Applied Economics, 20, 1988, ss.1635-1642.
• [19] BAIRAM, Erkın I.; DEMPSTER, Georgina J., "The Harrod Foreign Trade Multiplier and Economic Growth in Asian Countries", Applied Economics, 23, 1991, ss.1719-1724.
• [20] BAIRAM, Erkın I., "Income Elasticities of Exports and Imports: A Re-Examination of the Empirical Evidence", Applied Economics, 25, 1993, ss.71-74.
• [21] HUSSAIN, M., "The Balance of Payments and Growth", African Development Report, (African Development Bank), 1995, ss.498-510.
• [22] BAIRAM, Erkın, I., "Levels of Economic Development and Appropriate Specification of the Harrod Foreign-Trade Multiplier", Journal of PostKeynesian Economics, Vol.19, No.3, Spring 1997, ss.337-345.
• [23] McCOMBIE, John S. L., "On Emprics of Balance of Payments Constrained Growth", Journal of PostKeynesian Economics, Vol.19, Spring 1997, ss.345-376.
• [24] MARENO-BRID, Juan Carlos, "On Capital Flows and the Balance of Payment Constrained Growth Model", Journal of PostKeynesian Economics, Vol.21, No.2, Winter 1998-99, ss.283-299.
• [25] MARENO-BRID, Juan Carlos; PERES, Estaban, "Balance of Payments Constrained Growth in Central America: 1950-96", Journal of PostKeynesian Economics, Vol.22, No.1, Fall 1999, ss.131-148.
• [26] BLECKER, Robert A., "International Competitiveness, Relative Wages, and the Balance of Payments Constrained", Journal of PostKeynesian Economics, Vol.20, No.4, Summer 1998, ss.495-527.
• [27] ALONSO, Jose A.; GARCIMARTIN, Carlo, "A New Approach to Balance of Payments Constrained: Some Emprical Evidence", Journal of PostKeynesian Economics, Vol.21, No.2, Winter 1998-99, ss.259-282.
• [28] LEON-LEDESMAN, Miguel, A., "An Application of Thirlwall’s Law to the Spanish Economy“, Journal of PostKeynesian Economics, Vol.21, No.3, Spring 1999İ, ss.431-440.
• [29] LOPEZ, Julio G.; CRUZ, Alberto B., "Thirlwall’s Law’ and Beyond: The Latin American Experience", Journal of PostKeynesian Economics, Vol.22, No.3, Spring 2000, ss.259-282.
• [30] JAYME, Jr. Frederico, "Balance of Payments Constrains: A Study for the Brezilian Economy", http://www.iaes.org/conferences/past/montreal-48/prelim-program/f14-1/jayme-htm.