Investigation of Balance of Payment Constrained Growth Model: The Impact of Export Growth, Capital Flows, and Real Effective Exchange Rate on Growth of the UK
The present article employs balance of payment constrained growth model (BPCG) to investigate the relevance of exports, capital movements as well as relative prices on growth performance of the United Kingdom from 1970 to 2018. It makes use of autoregressive distributed lag model (ARDL) for the anal...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2022-05-01
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| Series: | SAGE Open |
| Online Access: | https://doi.org/10.1177/21582440221085011 |