Income elasticity of imports and Thirlwall’s Law: an application of the Markov-Switching method for Brazil (1995-2016)
This article analyzes the behavior of income elasticity of Brazilian imports in the period 1995-2016 and whether there is evidence of non-linearity of the elasticity. The calculated elasticity allowed us to test the validity of the Thirlwall Law, if Brazil's economic growth has been constrained...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | Portuguese |
| Published: |
Universidade Federal de Santa Catarina
2018-05-01
|
| Series: | Textos de Economia |
| Subjects: | |
| Online Access: | https://periodicos.ufsc.br/index.php/economia/article/view/53471 |