Capital accumulation, economic growth and the balance-of-payments constraint: The case of Mexico, 1951-2014

After a critical assessment of both Thirlwall’s long-run growth model and Clavijo’s and Ros’s (2015) model where capital accumulation determines output growth, this paper displays an alternative model in which capital accumulation and the growth rate of capital productivity determine the long-run gr...

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Main Authors: Perrotini Hernández, Ignacio, Vázquez-Muñoz, Juan Alberto, Angoa Pérez, María Isabel
Format: Artículo
Language: eng
Published: Universidad Autónoma de Ciudad Juárez 2017
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