A Multi-sectorial Assessment of the Static Harrod Foreign Trade Multiplier

Andrew Trigg and Ricardo Araujo

MPRA Paper from University Library of Munich, Germany

Abstract: With this inquiry we seek to develop a multi-sectorial version of the static Harrod foreign trade multiplier, by showing that indeed it can be derived from an extended version of the Pasinettian model of structural change to international trade. This new version highlights the connections between balance of payment and the level of employment and production. It is also shown that departing from this disaggregated version of the Harrod foreign multiplier we can arrive at the aggregated version thus proving the consistency of our analysis. By following this approach we go a step further in establishing the connections between the Structural Economic Dynamic and Balance-of-Payments Constrained Growth approaches.

Keywords: structural economic dynamics; foreign trade multiplier; balance-of-payments constrained growth. (search for similar items in EconPapers)
JEL-codes: F12 O19 (search for similar items in EconPapers)
Date: 2014-01-14
New Economics Papers: this item is included in nep-int
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Citations: View citations in EconPapers (1)

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Related works:
Working Paper: A MULTI-SECTORIAL ASSESSMENT OF THE STATIC HARROD FOREIGN TRADE MULTIPLIER (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:53242

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