Credit constraints and structure: a theoretical model of extractivism and slow-growth dynamics

ABSTRACT We develop a theoretical model that explains the relationship between credit constraints and economic growth in the context of a three-sector economy, including an “extractive” sector. The model belongs in the structuralist tradition and it is inspired by the Colombian economy. In contrast...

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Bibliographic Details
Main Authors: LEOPOLDO GÓMEZ-RAMÍREZ, NESTOR GARZA
Format: Article
Language:English
Published: Editora 34 2021-07-01
Series:Brazilian Journal of Political Economy
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572021000300538&tlng=en