Title page for ETD etd-08052009-040211

Type of Document Master's Thesis
Author Baker, Arnold B.
URN etd-08052009-040211
Title The application of A. Maizels' expost formulation of the the Chenery-Strout growth model to Peru.
Degree Master of Arts
Department Economics
Advisory Committee
Advisor Name Title
Falero, Frank Jr. Committee Chair
Bonomo, Vittorio A. Committee Member
Schotta, Charles Jr. Committee Member
  • Peru
Date of Defense 1968-11-19
Availability restricted
Economic theory has produced many dynamic models of economic growth and development, some of which take into account the export-import sector and balance of payments problem so vital to underdeveloped countries. These models are either product-market oriented, money-market oriented, or some combination of both. Those that are product-market oriented generally take the import sector as exogenously determined or changing at some specific, usually constant, rate and

then analyze the export sector with respect to it; suggesting that in

accordance with the theory of comparative advantage, an underdeveloped

country should expand its production of export good or goods in which it possesses a comparative advantage, as a means of improving its balance of payments position and moving towards sustained economic growth.

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