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Titlebook: Economic Growth and the Balance-of-Payments Constraint; J. S. L. McCombie,A. P. Thirlwall Book 1994 J. S. L. McCombie and A. P. Thirlwall

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Conference proceedings 2011Latest editionort growth can lift a balance-of-payments constraint on demand and therefore permit faster growth if factor supplies are available to be utilised. The second is that export growth may create a virtuous circle of growth by virtue of the link between output growth and productivity growth. A number of
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Carsten Michael,Norbert Abraham growth within or between countries and regions. First, we use the model to consider the effects on growth of the removal of tariff barriers within Customs Unions. Secondly, we show that in a closed economy model of industry and agriculture, the equilibrium level of industrial output is determined b
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