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Prebisch-Singer: Debates, Growth Model and Estimates

  • Prebisch and Singer have initiated several debates in economics, which have generated much research. Some of these debates may have coerged 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.

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Document Type:Working Paper
Author:Christine Mutz
Chairs and Professorships:Chair of Macroeconomics
Year of Completion:2005
Maastricht: Maastricht Economic Research Institute on Innovation and Technology, 2005 (MERIT-Infonomics Research Memorandum series; 2005-008)