On the evolution of income elasticities of imports and Thirlwall’s law: a Bayesian analysis for latin america (1961 – 2018)

This paper analyzes the evolution of income elasticities of imports and verifies the validity original Thirlwall’s Law for eight Latin American countries overs the period 1961-2018. Given the econometric issues inherent to classical time-varying parameter regressions, a Bayesian estimation procedur...

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Autores principales: Diego Ferreira, Andreza Aparecida Palma, Marcelo Luiz Curado
Formato: article
Lenguaje:EN
PT
Publicado: Universidade de São Paulo 2021
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Acceso en línea:https://doaj.org/article/1a78c847f2af46f99cad261fbab44c80
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