The slowdown in US economic growth: a comment

Alan King and Robert Alexander

Applied Economics Letters, 1996, vol. 3, issue 3, 185-186

Abstract: In a recent paper in this journal, Atesoglu argued that the reduction in the rate of economic growth in the United States since 1973 was largely due to an increase in the income elasticity of demand for imports, following Thirlwall's law. The purpose of this paper is to show that the evidence presented in support of this conclusion is subject to a serious flaw.

Date: 1996
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DOI: 10.1080/135048596356645

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