Prebisch-Singer: Debates, Growth Model and Estimates

Christine Mutz and Thomas Ziesemer ()

No 7, Research Memorandum from Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT)

Abstract: Prebisch and Singer (henceforth PS) have initiated several debates in economics, which have generated much research. Some of these debates may have converged to a compromise, whereas others are much less researched. We briefly summarize them in the next section in order to point out that the implications for growth theory have been largely neglected. Then we will present a growth model and estimate which show that income and price elasticities matter for long-run growth.

Keywords: Economics (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (3)

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