This paper uses an alternative growth approach in line with Thirlwall's model in order to
predict economic growth in Greece taking into account internal and external imbalances …

This study employs a system estimator to examine the validity of balance of payment
constrained growth model in the case of Nigeria. We modified a version of Thirlwall's model …

Balance of payments constrained growth model considers that if a country has a chronic
external deficit, economic growth can be constrained. Initial model extended by taking into …

This paper studies the effect of social expenditure on imports. In doing so, it uses
crosscountry panels of the world economy to estimate an augmented balance-of …

This Thesis examines the effects of budget and external deficits on economic growth. It
reviews whether the long-run relationship between budget and external deficits follows the …

Balance of payments constrained growth model considers that if a country has a chronic
external deficit, economic growth can be constrained. Initial model extended by taking into …