Workshop on  
"Thirlwall´s Law and Balance-of-Payments constrained growth"
Faculty of Economics, University of Coimbra, Portugal
24-25 June , 2011

Faculty of Economics at the University of Coimbra

 
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Workshop program

 


Keynote Speakers

Anthony P. Thirlwall, University of Kent, Canterbury, U.K.

"Balance-of-Payments Constrained Growth Models: History and Overview"

John McCombie, University of Cambridge, U.K.

"Criticisms and Defences of the Balance-of-Payments Constrained Growth Model:

Some Old, Some New "

Mark Setterfield, Trinity College, USA

"The remarkable durability of Thirlwall's Law"

 

 

Friday 24th of June,2011

8:30-9:30  Registration

9:30 -10:00  Welcoming

10:00 -11:00  Plenary Session - keynote speaker Prof. Anthony Thirlwall

11:00 - 11:30 Coffee Break

11:30 - 13:00 Session 1

Ricardo Azevedo Araujo, "New insights from a structural economic dynamic approach to balance of payments constrained growth". Discussant: Matteo Lanzafame.

Matteo Lanzafame, "The endogeneity of the balance of payments constrained growth rate". Discussant: Ricardo Araujo.

13:00 - 14:00 Lunch

14:00 - 15:30 Session 2

Mario Garcia Molina and Houver Quitian, "Thirlwall´s Law and the volatility of capital flows". Discussant: Alberto Bagnai

Alberto Bagnai, Arsène Rieber and Thi Tran, "Generalized balance-of-payments constrained growth and south-south trade in Sub-Saharan Africa", Discussant: Mario Garcia Molina.

15:30 - 16:00 Coffee Break

16:00 - 17:30 Session 3

Fabrício Missio and Frederico G. Jayme Junior, "Structural heterogeneity and the endogeneity of elasticities on the balance-of-payments constrained growth model". Discussant: Nat Tharnpanich.

Nat Tharnpanich and John McCombie, "Balance-of-Payments constrained growth, structural change and the Thai Economy". Discussant: Frederico G. Jayme Junior.

 

18:00 - 19:00 Visit to the old University

Saturday 25th of June, 2011

9:30 -10:30 Plenary Session - keynote speaker Prof. John McCombie

10:30 - 11:00 Coffee Break

11:00 - 13:00 Session 4

João Prates Romero, Fabrício Silveira and Gustavo Britto, "Structural change, the National Innovation System and the Balance-of-Payments constraint: A theoretical and empirical analysis of the Brazilian case". Discussant: Rafael Ribeiro.

Rafael Saulo Marques Ribeiro, "The export-led and the balance-of-payments constrained growth model revisited". Discussant: João Prates Romero.

Virmantas Kvedaras, "Empirical testing of the export-led and BOP-constrained growth: the case of Portugal".

13:00 - 14:00 Lunch

14:00 - 15:30 Session 5

Elias Soukiazis, Pedro A. Cerqueira and Micaela Antunes, "Growth rates constrained by internal and external imbalances: A demand orientated approach" Discussant: Carlos Garciamartin

Carlos Garciamartin, José Alonso and Luis Rivas, "Convergence and Balance-of-Payments constrained growth: Is there a Puzzle?". Discussant: Elias Soukiazis

15:30 - 16:00 Coffee Break

16:00 - 17:30 Session 6

Oscar Rubio and Carmen Díaz-Roldán, "Economic growth and the balance of payments constraint: The case of Spanish regions, 1988-2008. Discussant: Alex Luis Ferreira

Alex Luiz Ferreira, Renato Colistete, Ricardo Prioste and Fernando Barros Junior, " A causality test between coffee exports and machinery imports in Brazil from 1869 to 1930". Discussant: Oscar Rubio. 

18:00 -19:00 Plenary Session - keynote speaker Prof. Mark Setterfield

20:00 Official Dinner -  (paid by the participants)

All sessions will be running a the Keynes Room 3rd floor

Important note: The time limit for paper presentation is 25 minutes and for discussants 10 minutes.