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  • 标题:FURTHER EVIDENCE ON THE VALIDITYOF THIRLWALL’S LAW
  • 本地全文:下载
  • 作者:Leon PODKAMINER
  • 期刊名称:Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej
  • 印刷版ISSN:2543-9103
  • 电子版ISSN:2543-411X
  • 出版年度:2017
  • 卷号:21
  • 期号:1
  • 页码:75-86
  • DOI:10.19192/wsfip.sj1.2017.5
  • 语种:English
  • 出版社:Bielsko-Biała School of Finance and Law
  • 摘要:A simple equation is considered whose empirical analysis could confirm – or reject – the validity of Thirlwall’s Law. Autoregressive Distributed Lags (Bounds) approach is used to establish the empirical adequacy of the Law. The analysis, working with data for 58 countries and covering the years 1960-2012, suggests that the Law may not hold for the decisive majority of countries considered.
  • 关键词:Thirlwall’s Law;trade elasticities;balanced growth;co-integration;ARDL
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