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The impossible quartet in a demand led growth-supermultiplier model for a small open economy

ABSTRACT The aim of this paper is to investigate the long run sustainability of a growth path led by multiple non-creating capacity autonomous expenditures in a demand led-supermultiplier model for a small open economy. Using two different models the results show that it is impossible to have in the...

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Hlavní autoři: JOSÉ LUIS OREIRO, JULIO FERNANDO COSTA SANTOS
Médium: Artigo
Jazyk:Inglês
Vydáno: Centro de Economia Política 2023-08-01
Edice:Brazilian Journal of Political Economy
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On-line přístup:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572023000300592&lng=en&tlng=en
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