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From Giblin to Kalecki: The Export Multiplier and the Balance of Payments Constraint on Economic Growth, 1930-1933

  • John E King

    (School of Economics, La Trobe University)

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    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 School of Economics, La Trobe University in its series Working Papers with number 1997.05.

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    Length: 16 pages
    Date of creation: 1997
    Date of revision:
    Handle: RePEc:trb:wpaper:1997.05
    Contact details of provider: Web page: http://www.latrobe.edu.au/economics
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