Balance of Payment Constrained Economic Growth

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F06%3A00098230" target="_blank" >RIV/62156489:43110/06:00098230 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Balance of Payment Constrained Economic Growth

Popis výsledku v původním jazyce

The paper focuses on the balance of payments constrained economic growth model and discusses its predictions for EU countries during 1996-2005. After the short overview of economic growth that are mainly supply-side oriented it presents the importance ofdemand oriented growth models. In details the implication of balance of payments constrains are modelled and empirically tested. The statistic results have proved insignificance of price elasticities of export and import functions and thus also in the whole model. The estimates of balance of payments consistent growth were calculated and compared to the actual growth rates. The most of country's actual growth rates are below the estimated ones indicating the constrain functionality. The new EU-membershave twice higher income elasticity of export, their economic growths consistent with equilibrium of current account are more fragile and could easily fall in problem with current account deficits.

Název v anglickém jazyce

Balance of Payment Constrained Economic Growth

Popis výsledku anglicky

The paper focuses on the balance of payments constrained economic growth model and discusses its predictions for EU countries during 1996-2005. After the short overview of economic growth that are mainly supply-side oriented it presents the importance ofdemand oriented growth models. In details the implication of balance of payments constrains are modelled and empirically tested. The statistic results have proved insignificance of price elasticities of export and import functions and thus also in the whole model. The estimates of balance of payments consistent growth were calculated and compared to the actual growth rates. The most of country's actual growth rates are below the estimated ones indicating the constrain functionality. The new EU-membershave twice higher income elasticity of export, their economic growths consistent with equilibrium of current account are more fragile and could easily fall in problem with current account deficits.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

Z - Vyzkumny zamer (s odkazem do CEZ)

Rok uplatnění

2006

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

BICABR 2006

ISBN

80-7157-985-8

ISSN

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e-ISSN

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Počet stran výsledku

10

Strana od-do

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Název nakladatele

Provozně ekonomická fakulta MZLU v Brně

Místo vydání

Brno

Místo konání akce

Brno

Datum konání akce

1. 1. 2006

Typ akce podle státní příslušnosti

CST - Celostátní akce

Kód UT WoS článku

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