In this paper i discuss the origin of the concept, between 1930 and 1933, in the writings of L.F. giblin, R.F. Kahn, Roy Harrold and Michal Kalecki. Of the four, i argue, Kalecki's treatment of the export multiplier is most interesting, not least because he anticipated much more recent analyses of the balance of payments constraint on economic growth.
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Paper provided by La Trobe - Department of Economics in its series Papers with number
97.05.
Find related papers by JEL classification: F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies