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A Multi-Sectorial Assessment Of The Static Harrod Foreign Trade Multiplier

Author

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  • RICARDO SILVA AZEVEDO ARAUJO
  • ANDREW B. TRIGG

Abstract

With this inquiry we seek to develop a multi-sectorial version of the static Harrod foreign trade multiplier, by showing that indeed it can be derived from an extended version of the Pasinettian model of structural change to international trade. This new version highlights the connections between balance of payment and the level of employment and production. It is also shown that departing from this disaggregated version of the Harrod foreign multiplier we can arrive at the aggregated version thus proving the consistency of our analysis. By following this approach we go a step further in establishing the connections between the Structural Economic Dynamic and Balance-of-Payments Constrained Growth approaches.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Ricardo Silva Azevedo Araujo & Andrew B. Trigg, 2016. "A Multi-Sectorial Assessment Of The Static Harrod Foreign Trade Multiplier," Anais do XLII Encontro Nacional de Economia [Proceedings of the 42nd Brazilian Economics Meeting] 097, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    • Handle: RePEc:anp:en2014:097
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    Cited by:

    1. is not listed on IDEAS
    2. Guilherme R. Magacho & John S. L. McCombie, 2020. "Structural change and cumulative causation: A Kaldorian approach," Metroeconomica, Wiley Blackwell, vol. 71(3), pages 633-660, July.

    More about this item

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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