메뉴 건너뛰기




Volumn 17, Issue 3, 2003, Pages 39-54

A reassessment of balance of payments constrained growth: results from panel unit root and panel cointegration tests

Author keywords

[No Author keywords available]

Indexed keywords


EID: 4444380889     PISSN: 10168737     EISSN: 1743517X     Source Type: Journal    
DOI: 10.1080/10168730300000003     Document Type: Article
Times cited : (23)

References (32)
  • 1
    • 0032945702 scopus 로고    scopus 로고
    • Growth and the External Constrained
    • February
    • Alonso, J. A., 1999. Growth and the External Constrained. Applied Economics, February: 245–253.
    • (1999) Applied Economics , pp. 245-253
    • Alonso, J.A.1
  • 2
    • 21144458776 scopus 로고    scopus 로고
    • A New Approach to Balance of Payments Constraint: Some Empirical Evidence
    • Winter, and
    • Alonso, J. A., and Garcimartin, C., 1999. A New Approach to Balance of Payments Constraint: Some Empirical Evidence. Journal of Post-Keynesian Economics, Winter: 259–282.
    • (1999) Journal of Post-Keynesian Economics , pp. 259-282
    • Alonso, J.A.1    Garcimartin, C.2
  • 3
    • 84867364004 scopus 로고
    • The 45’-Rule Revised
    • June
    • Andersen, S. P., 1993. The 45’-Rule Revised. Applied Economics, June: 1279–1284.
    • (1993) Applied Economics , pp. 1279-1284
    • Andersen, S.P.1
  • 4
    • 8644251857 scopus 로고
    • Balance of Payments Constrained Growth: Evidence from the United States
    • Summer
    • Atesoglou, S. H., 1993. Balance of Payments Constrained Growth: Evidence from the United States. Journal of Post Keynesian Economics, Summer: 507–514.
    • (1993) Journal of Post Keynesian Economics , pp. 507-514
    • Atesoglou, S.H.1
  • 5
    • 84881852704 scopus 로고
    • Balance of Payments, the Harrod Foreign Trade Multiplier and Economic Growth: The European and North American Experience, 70–95
    • December
    • Bairam, E., 1988. Balance of Payments, the Harrod Foreign Trade Multiplier and Economic Growth: The European and North American Experience, 70–95. Applied Economics, December: 1635–1642.
    • (1988) Applied Economics , pp. 1635-1642
    • Bairam, E.1
  • 6
    • 0000729016 scopus 로고
    • Static versus Dynamic Specification and the Harrod Foreign Trade Multiplier
    • June
    • Bairam, E., 1993. Static versus Dynamic Specification and the Harrod Foreign Trade Multiplier. Applied Economics, June: 739–742.
    • (1993) Applied Economics , pp. 739-742
    • Bairam, E.1
  • 8
    • 85070120482 scopus 로고    scopus 로고
    • Structural Roots of U.S. Trade Problems: Income Elasticities, Secular Trends, and Hypothesis
    • Spring
    • Blecker, A. R., 1997. Structural Roots of U.S. Trade Problems: Income Elasticities, Secular Trends, and Hypothesis. Journal of Post Keynesian Economics, Spring: 1321–1346.
    • (1997) Journal of Post Keynesian Economics , pp. 1321-1346
    • Blecker, A.R.1
  • 10
    • 0000013567 scopus 로고
    • Co-integration and Error Correction Representation Estimation and Testing
    • March, and
    • Engle, F. R., and Granger, G. W. C., 1987. Co-integration and Error Correction Representation Estimation and Testing. Econometrica, March: 251–276.
    • (1987) Econometrica , pp. 251-276
    • Engle, F.R.1    Granger, G.W.C.2
  • 11
    • 0000632311 scopus 로고    scopus 로고
    • Inference for Unit roots in Dynamic Panels where the Time Dimension is Fixed
    • August, and
    • Harris, F. D. R., and Tzavalis, E., 1999. Inference for Unit roots in Dynamic Panels where the Time Dimension is Fixed. Journal of Econometrics, August: 201–226.
    • (1999) Journal of Econometrics , pp. 201-226
    • Harris, F.D.R.1    Tzavalis, E.2
  • 12
    • 0031480638 scopus 로고    scopus 로고
    • Balance of-Payments-Constrained Growth: A Reconsideration of the Evidence for the U.S. Economy
    • Spring
    • Hieke, H., 1997. Balance of-Payments-Constrained Growth: A Reconsideration of the Evidence for the U.S. Economy. Journal of Post Keynesian Economics, Spring: 313–325.
    • (1997) Journal of Post Keynesian Economics , pp. 313-325
    • Hieke, H.1
  • 14
    • 0345510809 scopus 로고
    • Statistical Analysis of Cointegration Vectors
    • June/September
    • Johansen, S., 1988. Statistical Analysis of Cointegration Vectors. Journal of Economics Dynamic and Control, June/September: 231–254.
    • (1988) Journal of Economics Dynamic and Control , pp. 231-254
    • Johansen, S.1
  • 15
    • 85070129740 scopus 로고    scopus 로고
    • On the Power and Interpretation of Panel Unit Root Tests, Working Paper
    • Stockholm, School of Economics, Sweden
    • Karlsson, S. and Luthgren, M., On the Power and Interpretation of Panel Unit Root Tests, Working Paper, Economics and Finance, No. 299, Stockholm, School of Economics, Sweden, 1999.
    • (1999) Economics and Finance , vol.299
    • Karlsson, S.1    Luthgren, M.2
  • 17
    • 34247480179 scopus 로고
    • Testing the Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That Economic Time Series Have a Unit Root?
    • January, and
    • Kwiatkowski, D., Phillips, B. C. P., Schmidt, P., and Shin, Y., 1992. Testing the Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That Economic Time Series Have a Unit Root?. Journal of Econometrics, January: 159–178.
    • (1992) Journal of Econometrics , pp. 159-178
    • Kwiatkowski, D.1    Phillips, B.C.P.2    Schmidt, P.3    Shin, Y.4
  • 19
    • 0039444736 scopus 로고    scopus 로고
    • An Application of Thinvall's Law to the Spanish Economy
    • Spring
    • León, Ledesma. 1999. An Application of Thinvall's Law to the Spanish Economy. Journal of Post Keynesian Economics, Spring: 431–439.
    • (1999) Journal of Post Keynesian Economics , pp. 431-439
    • León, L.1
  • 20
    • 0001187515 scopus 로고    scopus 로고
    • A Comparative Study of Unit Root tests with Panel Data and a New Simple Test
    • November, and
    • Maddala, G. S., and Wu, S., 1999. A Comparative Study of Unit Root tests with Panel Data and a New Simple Test. Oxford Bulletin of Econonzics and Statistics, November: 631–652.
    • (1999) Oxford Bulletin of Econonzics and Statistics , pp. 631-652
    • Maddala, G.S.1    Wu, S.2
  • 21
    • 0031481215 scopus 로고    scopus 로고
    • On the Ernpirics of Balance of Payments Constrained Growth
    • Spring
    • McCombie, J. L. S., 1997. On the Ernpirics of Balance of Payments Constrained Growth. Journal of Post Keynesian Economics, Spring: 315–375.
    • (1997) Journal of Post Keynesian Economics , pp. 315-375
    • McCombie, J.L.S.1
  • 22
    • 0022236406 scopus 로고
    • Balance of Payments Constrained Growth: A Rejoinder to Professor Thirlwall
    • McGregor, G. P., and Swales, K. J., 1986. Balance of Payments Constrained Growth: A Rejoinder to Professor Thirlwall. Applied Economics, 17: 17–32.
    • (1986) Applied Economics , vol.17 , pp. 17-32
    • McGregor, G.P.1    Swales, K.J.2
  • 23
    • 84963455392 scopus 로고
    • Thirlwall's Law and the Balance of Payments Constrained Growth: Further Comment on the Debate
    • December, and
    • McGregor, G. P., and Swales, K. J., 1986. Thirlwall's Law and the Balance of Payments Constrained Growth: Further Comment on the Debate. Applied Economics, December: 9–20.
    • (1986) Applied Economics , pp. 9-20
    • McGregor, G.P.1    Swales, K.J.2
  • 24
    • 0039446216 scopus 로고    scopus 로고
    • Balance-of-Payments Constrained Growth in Central America: 1950–1996
    • Fall, and
    • Moreno-Brid, J. C., and Perez, E., 1999. Balance-of-Payments Constrained Growth in Central America: 1950–1996. Journal of Post Keynesian Economics, Fall: 131–147.
    • (1999) Journal of Post Keynesian Economics , pp. 131-147
    • Moreno-Brid, J.C.1    Perez, E.2
  • 25
    • 0348246070 scopus 로고    scopus 로고
    • The Overvaluation of Purchasing Power Parity
    • February
    • O'Connell, J. G. P., 1998. The Overvaluation of Purchasing Power Parity. Journal of International Economics, February: 1–19.
    • (1998) Journal of International Economics , pp. 1-19
    • O'Connell, J.G.P.1
  • 26
    • 0039378091 scopus 로고    scopus 로고
    • Panel Cointegration: Asynzptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis. New Results, Department of Economics
    • Pedroni, P., Panel Cointegration: Asynzptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis. New Results, Department of Economics, Indiana University, 1997.
    • (1997) Indiana University
    • Pedroni, P.1
  • 27
    • 35448955395 scopus 로고    scopus 로고
    • Fully Modified OLS for Heterogeneous Cointegrated Panels
    • Elsevier Science Inc
    • Pedroni, P., 2000. “ Fully Modified OLS for Heterogeneous Cointegrated Panels ”. In Non-Stationar?, Panels, Panel Cointegration and Dynamic Panels, Vol. 15, 93–130. Elsevier Science Inc.
    • (2000) Non-Stationar?, Panels, Panel Cointegration and Dynamic Panels , vol.15 , pp. 93-130
    • Pedroni, P.1
  • 28
    • 0000899296 scopus 로고
    • The Great Crash: The Oil Price Shock and the Unit Root Hypothesis
    • March
    • Pedroni, P., 1989. The Great Crash: The Oil Price Shock and the Unit Root Hypothesis. Econometrica, March: 1361–1401.
    • (1989) Econometrica , pp. 1361-1401
    • Pedroni, P.1
  • 29
    • 0001561726 scopus 로고    scopus 로고
    • Further Evidence on Breaking Trend Functions in Macroeconomic Variables
    • October
    • Pedroni, P., 1997. Further Evidence on Breaking Trend Functions in Macroeconomic Variables. Journal of Econometrics, October: 355–385.
    • (1997) Journal of Econometrics , pp. 355-385
    • Pedroni, P.1
  • 30
    • 84959818799 scopus 로고
    • Statistical Inference in Individual Variables Regression with I(]) Process
    • October, and
    • Phillips, B. C. P., and Hansen, E. B., 1990. Statistical Inference in Individual Variables Regression with I(]) Process. Review of Economic Studies, October: 99–125.
    • (1990) Review of Economic Studies , pp. 99-125
    • Phillips, B.C.P.1    Hansen, E.B.2
  • 31
    • 58149363019 scopus 로고
    • Temporal Aggregation and the Power of Tests for Unit Root
    • February, and
    • Pierse, R. G., and Shell A, J., 1995. Temporal Aggregation and the Power of Tests for Unit Root. Journal of Econometrics, February: 335–345.
    • (1995) Journal of Econometrics , pp. 335-345
    • Pierse, R.G.1    Shell, J.2
  • 32
    • 0002213361 scopus 로고
    • The Balance of Payments Constraint as an Explanation of International Growth Rate Differences
    • January
    • Thirlwall, A. P., 1979. The Balance of Payments Constraint as an Explanation of International Growth Rate Differences. Banca Nazionale del Lavoro Quarterly Review, January: 45–53.
    • (1979) Banca Nazionale del Lavoro Quarterly Review , pp. 45-53
    • Thirlwall, A.P.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.