Accession Number : AD0427024

Title :   EXPORTS, CAPITAL IMPORTS AND ECONOMIC GROWTH,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Massell,Benton F.

Report Date : JAN 1964

Pagination or Media Count : 9

Abstract : In a recent paper, R. J. Ball presented a theoretical examination of the effect of exports and of capital imports on an economy's rate of economic growth. Ball found that capital imports enable an economy to increase its rate of growth without incurring any debt burden. He found also that an increase in exports may reduce the rate of growth. The present study examines the model and the assumptions underlying Ball's conclusions. Both of Ball's conclusions are seen to follow from quite unacceptable assumptions; a more realistic set of assumptions yields entirely different results. (Author)

Descriptors :   (*ECONOMICS, GROWTH(PHYSIOLOGY)), (*COMMERCE, THEORY), ANALYSIS, COSTS, MATHEMATICAL ANALYSIS

Distribution Statement : APPROVED FOR PUBLIC RELEASE