This article surveys selected recent contributions and debates regarding fundamental
aspects of the theory of balance‐of‐payments‐constrained growth (BPCG). The survey …

When a rapidly growing country stagnates at middle-income levels and fails to transition into
a high-income economy, we say it has fallen into a middle-income trap. An original …

The database contains three productivity variables: labor productivity levels, labor
productivity growth rates, and total factor productivity (TFP) growth rates for up to 172 …

This paper aims to explain labour productivity through the lens of a Kaldorian perspective.
To assess the relationship between output, demand, capital accumulation, and labour …

This paper contributes to the literature around the Kaldor–Verdoorn law and analyses the
impact of robotisation on the channels through which the law shapes labour-productivity …

US regional development policy in the early twentieth century was characterised by a
centralised, national effort to reallocate economic activity from capacity-constrained regions …

Following the onset of the Eurozone crisis, Mediterranean economies (Greece, Italy,
Portugal, Spain) followed the example set by Germany, implementing structural reforms with …

This paper analyses the structural changes in the Brazilian economy from 1990 to 2015 by
applying structural decomposition analysis (SDA). The production structure of emerging …

Purpose–This study identifies how Brazilian agricultural machinery manufacturers combine
different capabilities to innovate. This industry has the potential to increase productivity in …

This paper presents a multisectoral model based on Kaldor's approach to explain the
importance of structural change and cumulative causation. Divergence in countries' growth …