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Preface - Acknowledgements - Alternative Theories of Growth Performance:I The Supply Orientated and Neoclassical Approaches - Alternative Theories of Growth Performance:II The Demand Orientated Approach - The Balance of Payments Constraint as an Explanation of International Growth Rate Differences - Non-Price Competition, Trade and the Balance of Payments - Critiques and Defences of the Balance of Payments Constrained Growth Model - Economic Growth, the Harrod Foreign Trade Multiplier and the Hicks Super-Multiplier - Export-Led Growth and the Balance of Payments Constraint - Export-Led Growth, Regional Problems and Cumulative Causation
Drakopoulos et al. (Tue,) studied this question.