{"id":"https://openalex.org/W2533713779","doi":"https://doi.org/10.1016/j.econ.2016.09.008","title":"Real exchange rate, technological catching up and spillovers in a balance-of-payments constrained growth model","display_name":"Real exchange rate, technological catching up and spillovers in a balance-of-payments constrained growth model","publication_year":2016,"publication_date":"2016-09-01","ids":{"openalex":"https://openalex.org/W2533713779","doi":"https://doi.org/10.1016/j.econ.2016.09.008","mag":"2533713779"},"language":"en","primary_location":{"id":"doi:10.1016/j.econ.2016.09.008","doi":"https://doi.org/10.1016/j.econ.2016.09.008","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.econ.2016.09.008","pdf_url":"https://www.sciencedirect.com/science/article/pii/S1517758016300881/pdf","source":{"id":"https://openalex.org/S4210229507","display_name":"EconomiA","issn_l":"1517-7580","issn":["1517-7580","2358-2820"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["cwts-core","doaj","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"EconomiA","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://www.sciencedirect.com/science/article/pii/S1517758016300881/pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5051355297","display_name":"Fabr\u00edcio J. Missio","orcid":"https://orcid.org/0000-0003-4561-6039","observed_orcids":["https://orcid.org/0000-0003-4561-6039"]},"institutions":[{"id":"https://openalex.org/I110200422","display_name":"Universidade Federal de Minas Gerais","ror":"https://ror.org/0176yjw32","country_code":"BR","type":"education","lineage":["https://openalex.org/I110200422"]}],"countries":["BR"],"is_corresponding":false,"raw_author_name":"Fabricio J. Missio","raw_affiliation_strings":["Universidade Federal de Minas Gerais, Brazil"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universidade Federal de Minas Gerais, Brazil","institution_ids":["https://openalex.org/I110200422"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5062433114","display_name":"Luciano Ferreira Gabriel","orcid":"https://orcid.org/0000-0002-8321-3022","observed_orcids":["https://orcid.org/0000-0002-8321-3022"]},"institutions":[{"id":"https://openalex.org/I110200422","display_name":"Universidade Federal de Minas Gerais","ror":"https://ror.org/0176yjw32","country_code":"BR","type":"education","lineage":["https://openalex.org/I110200422"]}],"countries":["BR"],"is_corresponding":true,"raw_author_name":"Luciano F. Gabriel","raw_affiliation_strings":["Universidade Federal de Minas Gerais, CEDEPLAR/UFMG, Brazil"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Universidade Federal de Minas Gerais, CEDEPLAR/UFMG, Brazil","institution_ids":["https://openalex.org/I110200422"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5062433114"],"corresponding_institution_ids":["https://openalex.org/I110200422"],"apc_list":null,"apc_paid":null,"fwci":1.6995,"has_fulltext":true,"cited_by_count":12,"citation_normalized_percentile":{"value":0.89772107,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"17","issue":"3","first_page":"291","last_page":"309"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.9282000064849854,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.9282000064849854,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.055399999022483826,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10128","display_name":"Global trade and economics","score":0.005400000140070915,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/real-exchange-rate","display_name":"real exchange rate","score":1.0},{"id":"https://openalex.org/keywords/technological-catch-up","display_name":"technological catch-up","score":0.9750000238418579},{"id":"https://openalex.org/keywords/technology-spillovers","display_name":"technology spillovers","score":0.9670000076293945},{"id":"https://openalex.org/keywords/balance-of-payments-constrained-growth","display_name":"balance-of-payments-constrained growth","score":0.8790000081062317},{"id":"https://openalex.org/keywords/export-led-growth","display_name":"export-led growth","score":0.9399999976158142},{"id":"https://openalex.org/keywords/national-innovation-system","display_name":"national innovation system","score":0.8600000143051147},{"id":"https://openalex.org/keywords/endogenous-productivity","display_name":"endogenous productivity","score":0.746999979019165},{"id":"https://openalex.org/keywords/r-d-investment","display_name":"R&D investment","score":0.8539999723434448},{"id":"https://openalex.org/keywords/technology-gap","display_name":"technology gap","score":0.847000002861023},{"id":"https://openalex.org/keywords/growth-convergence","display_name":"growth convergence","score":0.6290000081062317},{"id":"https://openalex.org/keywords/export-price-elasticity","display_name":"export price elasticity","score":0.9070000052452087}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7477623820304871},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.5637781023979187},{"id":"https://openalex.org/C200596728","wikidata":"https://www.wikidata.org/wiki/Q655370","display_name":"Output elasticity","level":3,"score":0.4754602313041687},{"id":"https://openalex.org/C610760","wikidata":"https://www.wikidata.org/wiki/Q1340706","display_name":"Endogeneity","level":2,"score":0.4689834713935852},{"id":"https://openalex.org/C2778312390","wikidata":"https://www.wikidata.org/wiki/Q4139973","display_name":"Growth rate","level":2,"score":0.45684775710105896},{"id":"https://openalex.org/C2777303404","wikidata":"https://www.wikidata.org/wiki/Q759757","display_name":"Convergence (economics)","level":2,"score":0.4472287595272064},{"id":"https://openalex.org/C2983335520","wikidata":"https://www.wikidata.org/wiki/Q47537570","display_name":"Growth model","level":2,"score":0.44210952520370483},{"id":"https://openalex.org/C204983608","wikidata":"https://www.wikidata.org/wiki/Q2111958","display_name":"Productivity","level":2,"score":0.44046008586883545},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.36122965812683105},{"id":"https://openalex.org/C136264566","wikidata":"https://www.wikidata.org/wiki/Q159810","display_name":"Economy","level":1,"score":0.3454105257987976},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.33466655015945435},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.30905914306640625},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.17172202467918396},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.13690990209579468},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1016/j.econ.2016.09.008","doi":"https://doi.org/10.1016/j.econ.2016.09.008","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.econ.2016.09.008","pdf_url":"https://www.sciencedirect.com/science/article/pii/S1517758016300881/pdf","source":{"id":"https://openalex.org/S4210229507","display_name":"EconomiA","issn_l":"1517-7580","issn":["1517-7580","2358-2820"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["cwts-core","doaj","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"EconomiA","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:anp:econom:v:17:y:2016:3:291_309","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S1517758016300273","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:econstor.eu:10419/179628","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/179628","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:article"},{"id":"pmh:oai:repositorio.ufmg.br:1843/42366","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/1843/42366","pdf_url":null,"source":{"id":"https://openalex.org/S4306402641","display_name":"LA Referencia (Red Federada de Repositorios Institucionales de Publicaciones Cient\u00edficas)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4383465926","host_organization_name":"LA Referencia","host_organization_lineage":["https://openalex.org/I4383465926"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"instacron:UFMG","raw_type":"info:eu-repo/semantics/publishedVersion"}],"best_oa_location":{"id":"doi:10.1016/j.econ.2016.09.008","doi":"https://doi.org/10.1016/j.econ.2016.09.008","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.econ.2016.09.008","pdf_url":"https://www.sciencedirect.com/science/article/pii/S1517758016300881/pdf","source":{"id":"https://openalex.org/S4210229507","display_name":"EconomiA","issn_l":"1517-7580","issn":["1517-7580","2358-2820"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["cwts-core","doaj","poland-20","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"EconomiA","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.651199996471405,"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9"},{"score":0.4000000059604645,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"sustainable_development_goals_aurora":[{"score":0.6399999856948853,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2533713779.pdf","grobid_xml":"https://content.openalex.org/works/W2533713779.grobid-xml"},"referenced_works_count":72,"referenced_works":["https://openalex.org/W64196434","https://openalex.org/W202512802","https://openalex.org/W613785565","https://openalex.org/W640477217","https://openalex.org/W655776093","https://openalex.org/W1467619809","https://openalex.org/W1490995146","https://openalex.org/W1508746600","https://openalex.org/W1536260248","https://openalex.org/W1545395417","https://openalex.org/W1554940969","https://openalex.org/W1561666293","https://openalex.org/W1565345438","https://openalex.org/W1567650850","https://openalex.org/W1581286057","https://openalex.org/W1601856627","https://openalex.org/W1841221189","https://openalex.org/W1934631762","https://openalex.org/W1963523684","https://openalex.org/W1970720212","https://openalex.org/W1975478143","https://openalex.org/W1999916203","https://openalex.org/W2004161663","https://openalex.org/W2011082753","https://openalex.org/W2013839839","https://openalex.org/W2017799473","https://openalex.org/W2025852489","https://openalex.org/W2030068038","https://openalex.org/W2030466015","https://openalex.org/W2049630985","https://openalex.org/W2054355894","https://openalex.org/W2064660894","https://openalex.org/W2086259768","https://openalex.org/W2096983841","https://openalex.org/W2107538145","https://openalex.org/W2113239963","https://openalex.org/W2120950070","https://openalex.org/W2136838973","https://openalex.org/W2144283269","https://openalex.org/W2149705696","https://openalex.org/W2155346737","https://openalex.org/W2156005302","https://openalex.org/W2156630190","https://openalex.org/W2157437537","https://openalex.org/W2157774440","https://openalex.org/W2163041844","https://openalex.org/W2169049218","https://openalex.org/W2170215988","https://openalex.org/W2239200839","https://openalex.org/W2302610129","https://openalex.org/W2320749991","https://openalex.org/W2324858167","https://openalex.org/W2399149573","https://openalex.org/W2588946958","https://openalex.org/W2806172497","https://openalex.org/W2970959035","https://openalex.org/W2979073622","https://openalex.org/W3023407630","https://openalex.org/W3123228396","https://openalex.org/W3124443657","https://openalex.org/W3124702355","https://openalex.org/W3125371778","https://openalex.org/W3164318011","https://openalex.org/W4229741312","https://openalex.org/W4231089430","https://openalex.org/W4242246323","https://openalex.org/W4292238254","https://openalex.org/W6632054008","https://openalex.org/W6632733298","https://openalex.org/W6634782014","https://openalex.org/W6703952922","https://openalex.org/W6903492848"],"related_works":["https://openalex.org/W7120584345","https://openalex.org/W2735354916","https://openalex.org/W2733226764","https://openalex.org/W4220891775","https://openalex.org/W2733664404","https://openalex.org/W7095299830","https://openalex.org/W2973127317","https://openalex.org/W7070950151","https://openalex.org/W2736495283","https://openalex.org/W2900853447"],"abstract_inverted_index":{"The":[0],"main":[1],"objective":[2],"of":[3,44,56,78,87,120,126,143,148,155],"this":[4,32],"work":[5,33],"is":[6],"to":[7,84,100,138,152,161],"investigate":[8],"the":[9,15,21,38,42,45,47,54,59,63,66,72,79,85,88,91,101,107,114,118,124,127,132,140,146,156],"theoretical":[10],"interrelationships":[11],"between":[12],"economic":[13],"growth,":[14],"National":[16],"Innovation":[17],"System":[18],"(NIS)":[19],"and":[20,49,77,93,106,145,160],"real":[22,73,189,214,288],"exchange":[23,74],"rate":[24,69,75,104],"(RER)":[25],"in":[26,37,58,96,98,136,158,163],"an":[27],"export-led":[28],"growth":[29,68,103,128,134,150,154],"model.":[30],"Formally,":[31],"presents":[34],"new":[35],"changes":[36],"Kaldor\u2013Dixon\u2013Thirlwal\u013as":[39],"model":[40],"by":[41],"introduction":[43],"RER,":[46],"NIS":[48,80],"a":[50,171,185,206,225,232,252,267,277,297],"function":[51],"that":[52],"captures":[53],"endogeneity":[55],"productivity":[57,149],"industrial":[60],"sector.":[61],"In":[62,113],"short":[64],"term":[65],"equilibrium":[67],"depends":[70,130],"on":[71,131],"level":[76],"development,":[81],"which":[82],"responds":[83],"size":[86],"technological":[89,111],"gap,":[90],"public":[92],"private":[94],"investments":[95],"R&D":[97],"relation":[99,137],"output":[102,133,153],"ratio":[105],"absorption":[108],"capacity":[109],"for":[110],"spillovers.":[112],"long":[115],"run,":[116],"assuming":[117],"constancy":[119],"all":[121],"exogenous":[122],"variables,":[123],"convergence":[125],"process":[129],"elasticity":[135,142,147],"exports,":[139],"price":[141],"exports":[144],"relative":[151],"economy":[157],"general":[159],"industry,":[162],"particular.":[164,342],"O":[165],"objetivo":[166],"do":[167,193,210,218,220,229,249,290,292,299,304,308,310,324],"artigo":[168],"\u00e9":[169,261],"aprofundar":[170],"investiga\u00e7\u00e3o":[172],"das":[173,319],"inter-rela\u00e7\u00f5es":[174],"te\u00f3ricas":[175],"entre":[176],"crescimento":[177,235,248,280,302,309,325,331],"econ\u00f4mico,":[178],"Sistema":[179],"Nacional":[180],"de":[181,187,204,215,234,247,254,256,279,281,286,301],"Inova\u00e7\u00e3o":[182],"(SI)":[183],"e":[184,217,239,251,289,321,338],"taxa":[186,213,233,246,278,285],"c\u00e2mbio":[188,216,287],"em":[190,241,263,312,328,336,341],"um":[191],"modelo":[192,203,266],"tipo":[194],"export-led.":[195],"Em":[196],"termos":[197],"formais":[198],"prop\u00f5em-se":[199],"novas":[200],"altera\u00e7\u00f5es":[201],"no":[202,265,271],"Kaldor\u2013Dixon\u2013Thirlwall,":[205],"partir":[207],"da":[208,212,245,269,284,306,316,322,326,332,334,339],"introdu\u00e7\u00e3o":[209],"n\u00edvel":[211],"desenvolvimento":[219,291],"SI,":[221],"o":[222],"qual":[223],"passa":[224],"responder":[226],"ao":[227,330],"tamanho":[228],"hiato":[230],"tecnol\u00f3gico,":[231],"dos":[236],"investimentos":[237],"p\u00fablicos":[238],"privados":[240],"P&D":[242],"(como":[243],"propor\u00e7\u00e3o":[244],"produto)":[250],"capacidade":[253],"absor\u00e7\u00e3o":[255],"spillover":[257],"tecnol\u00f3gicos.":[258],"Al\u00e9m":[259],"disso,":[260],"levada":[262],"considera\u00e7\u00e3o":[264],"endogeneidade":[268],"produtividade":[270,327],"setor":[272],"industrial.":[273],"No":[274,294],"curto":[275],"prazo":[276],"equil\u00edbrio":[282],"depende":[283,303],"SI.":[293],"longo":[295],"prazo,":[296],"converg\u00eancia":[298],"processo":[300],"comportamento":[305],"elasticidade":[307,317,323],"produto":[311],"rela\u00e7\u00e3o":[313,329],"\u00e0s":[314],"exporta\u00e7\u00f5es,":[315],"pre\u00e7o":[318],"exporta\u00e7\u00f5es":[320],"produ\u00e7\u00e3o":[333],"economia":[335],"geral":[337],"ind\u00fastria,":[340]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-10-28T00:00:00"}
