Balance-of-payments-constrained growth model: an application to the Kazakhstan’s economy

In this paper we analyze whether the long-term economic growth of Kazakhstan is subject to macroeconomic constraints. The balance-of-payments-constrained growth (BPCG) models predict that a country’s growth rate can be approximated through the ratio of growth rates of exports to the income elasticit...

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Veröffentlicht in:	Eurasian economic review 2022-12, Vol.12 (4), p.745-767
1. Verfasser:	Ybrayev, Zhandos
Format:	Artikel
Sprache:	eng
Schlagworte:	Aggregate demand Economic growth Economics Economics and Finance Elasticity of demand Exports Growth rate Imports Income elasticity Original Paper Payments
Online-Zugang:	Volltext
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