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Prebisch-Singer: Debates, Growth Model and Estimates

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Author Info
Mutz,Christine
Ziesemer,Thomas (MERIT)

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Abstract

Prebisch and Singer (henceforth PS) have initiated several debates in economics, which have generated much research. Some of these debates may have converged to a compromise, whereas others are much less researched. We briefly summarize them in the next section in order to point out that the implications for growth theory have been largely neglected. Then we will present a growth model and estimate which show that income and price elasticities matter for long-run growth.

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Paper provided by Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology in its series Research Memoranda with number 007.

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Date of creation: 2005
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Handle: RePEc:dgr:umamer:2005007

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Keywords: Economics ;

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  1. Eaton, Jonathan & Gersovitz, Mark, 1981. "Debt with Potential Repudiation: Theoretical and Empirical Analysis," Review of Economic Studies, Blackwell Publishing, vol. 48(2), pages 289-309, April. [Downloadable!] (restricted)
  2. Bairam, Erkin I, 1993. "Income Elasticities of Exports and Imports: A Re-examination of the Empirical Evidence," Applied Economics, Taylor and Francis Journals, vol. 25(1), pages 71-74, January.
  3. Basu, K., 1991. "The International Debt Problem, Credit Rationing, and Loan Pushing: Theory and Experience," Princeton Studies in International Economics 70, International Economics Section, Departement of Economics Princeton University,.
  4. Bahmani-Oskooee, Mohsen & Miteza, Ilir, 2002. "Do nominal devaluations lead to real devaluations in LDCs?," Economics Letters, Elsevier, vol. 74(3), pages 385-391, February. [Downloadable!] (restricted)
  5. Thomas M Fullerton Jr & W Charles Sawyer & Richard L Sprinkle, 2004. "Latin American Trade Elasticities," International Trade 0407009, EconWPA. [Downloadable!]
  6. Mutz,Christine & Ziesemer,Thomas, 2005. "Simultaneous Estimation of Income and Price Elasticities of Export Demand, Scale Economies and Total Factor Productivity Growth for Brazil," Research Memoranda 004, Maastricht : MERIT, Maastricht Economic Research Institute on Innovation and Technology. [Downloadable!]
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  7. Bardhan, Pranab K & Lewis, Sydney, 1970. "Models of Growth with Imported Inputs," Economica, London School of Economics and Political Science, vol. 37(148), pages 373-85, November. [Downloadable!] (restricted)
    Other versions:
  8. Houthakker, Hendrik S & Magee, Stephen P, 1969. "Income and Price Elasticities in World Trade," The Review of Economics and Statistics, MIT Press, vol. 51(2), pages 111-25, May. [Downloadable!] (restricted)
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