IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-02395-7_7.html
   My bibliography  Save this book chapter

Empirical Testing of Export-led and Balance of Payments Constrained Growth: The Case of Portugal

In: Models of Balance of Payments Constrained Growth

Author

Listed:
  • Virmantas Kvedaras

Abstract

A testing approach developed in Kvedaras (2007) is applied to the case of Portugal to test for the statistical acceptability of model-implied restrictions in the cointegrated vector autoregression of export-led and balance of payments constrained growth, using yearly data 1970–2009.* A potential structural break is found in the vector autoregression in 1976–77. The growth-model implied restrictions — the number of cointegrating vectors and a set of (over-identifying) restrictions on parameters — are fully consistent with the data in the post-break period.

Suggested Citation

  • Virmantas Kvedaras, 2012. "Empirical Testing of Export-led and Balance of Payments Constrained Growth: The Case of Portugal," Palgrave Macmillan Books, in: Elias Soukiazis & Pedro A. Cerqueira (ed.), Models of Balance of Payments Constrained Growth, chapter 6, pages 168-186, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-02395-7_7
    DOI: 10.1057/9781137023957_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Garcimartin, Carlos & Kvedaras, Virmantas & Rivas, Luis, 2016. "Business cycles in a balance-of-payments constrained growth framework," Economic Modelling, Elsevier, vol. 57(C), pages 120-132.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-02395-7_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.