Devaluation, Conflict Inflation and Endogenous Growth in a Small Open Economy
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| Formato: | Artículo científico |
| Lenguaje: | en |
| Publicado: |
Universidad de Guadalajara
2004
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| _version_ | 1876459195672297472 |
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| author | José Antonio Cordero |
| author_facet | José Antonio Cordero |
| contents | Devaluation, Conflict Inflation and Endogenous Growth in a Small Open Economy José Antonio Cordero Economía y Finanzas Effective demand distributional conflict and Technical progress function This article attempts to formalize some of Kaldor's ideas about endogenous growth (resulting from a process of cumulative causation). In the context of a small open economy, the rate of growth of this economy is determined by effective demand, with the trade deficit adjusting to clear the goods market. The wage rate and exchange rate inflation are driven by a distributional conflict. 2004 artículo científico 1870-6622 https://www.redalyc.org/articulo.oa?id=125015196001 en http://www.redalyc.org/revista.oa?id=1250 EconoQuantum application/pdf Universidad de Guadalajara EconoQuantum (México) Num.1 Vol.1 |
| format | Artículo científico |
| id | redalyc_125015196001 |
| institution | Redalyc |
| language | en |
| publishDate | 2004 |
| publisher | Universidad de Guadalajara |
| spellingShingle | Devaluation, Conflict Inflation and Endogenous Growth in a Small Open Economy José Antonio Cordero Economía y Finanzas Effective demand distributional conflict and Technical progress function Devaluation, Conflict Inflation and Endogenous Growth in a Small Open Economy José Antonio Cordero Economía y Finanzas Effective demand distributional conflict and Technical progress function This article attempts to formalize some of Kaldor's ideas about endogenous growth (resulting from a process of cumulative causation). In the context of a small open economy, the rate of growth of this economy is determined by effective demand, with the trade deficit adjusting to clear the goods market. The wage rate and exchange rate inflation are driven by a distributional conflict. 2004 artículo científico 1870-6622 https://www.redalyc.org/articulo.oa?id=125015196001 en http://www.redalyc.org/revista.oa?id=1250 EconoQuantum application/pdf Universidad de Guadalajara EconoQuantum (México) Num.1 Vol.1 |
| title | Devaluation, Conflict Inflation and Endogenous Growth in a Small Open Economy |
| topic | Economía y Finanzas Effective demand distributional conflict and Technical progress function |
| url | https://www.redalyc.org/articulo.oa?id=125015196001 |