The growth effects on degrowth: what remains of the center-periphery model?
Although economic growth is considered one of topics the most discussed and studied by economists, some questions are hitherto unexplored. In this article we will try to address one of these issues by studying the effect of growth shocks of hegemonic countries on the growth of peripheral countries. By using a structural VAR model, we have shown that the peripheral countries integration in trade relations with the center countries, although it may allow the growth of short and medium term, it prevents them, to confirm their long-term economic independence.
|Date of creation:||18 Jun 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:47676. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If references are entirely missing, you can add them using this form.