A Multi-Sectoral Balance-of-Payments-Constrained Growth Model with Sectoral Heterogeneity: International Competition, Productivity Dynamics, and Economic Growth

A multi-sectoral balance-of-payments-constrained growth model with sectoral heterogeneity ¬リニ

This study builds a multi-sectoral balance-of-payments-constrained growth model that incorporates structural heterogeneity between sectors and countries, such as differences in labor productivity, price competition, shares of exports and imports, and the quality of commodities. The model in the current paper generates more comprehensive results than those presented by Thirlwall (1979), Blecker ...

RETRACTED:The Role of Foreign Direct Investment, Technology Transfer and Spillover Effects on Economic Growth: A GTAP model

The main objective of this paper is to investigate the effects of technology transfer through the imports of intermediate goods by developing countries developed countries with the emphasis on Iran economy. For this purpose, we used multi-sectoral and multi–regional computable general equilibrium GTAP model (multi-sectoral and multi-regional CGE model). The paper examined the effect of a ten pe...

Balance of Payment Constrained Growth in Tow Developing and Developed Oil-Exporting Economies (Case Study: Iran and Norway)

In this study, we aim to compare results of the basic and extensive forms of the Thirlwall model (balance of payment constrained growth model) for two economies including Iran and Norway. In this model, demand variables i. e. export and import determine the limit of economic growth in the long run. The balance of payment (deficit) can be a factor as a constraint on the rate of growth of output ...

Business and Financial Services: New Engine of Economic Growth?

Does unbalanced sectoral productivity growth inevitably lead to continuous shift of resources to the less productive sectors and stagnation in aggregate productivity? This paper attempts to integrate the traditional stagnationist and the modern optimist arguments within a numerical simulation framework. The simulation framework consists of an applied general equilibrium multi-sectoral growth mo...

The Impact Of Diffusion Of Information Communications Technology (ICT) On Iran Sectoral Productivity Growth