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The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by Strathclyde researchers, including by researchers from the Physical Activity for Health Group based within the School of Psychological Sciences & Health. Research here seeks to better understand how and why physical activity improves health, gain a better understanding of the amount, intensity, and type of physical activity needed for health benefits, and evaluate the effect of interventions to promote physical activity.

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Import and export ratios and the dynamic harrod trade multiplier

McGregor, P.G. and Swales, J.K. (1983) Import and export ratios and the dynamic harrod trade multiplier. Oxford Economic Papers, 35 (1). pp. 110-124. ISSN 0030-7653

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Abstract

IN a recent article in this journal, Kennedy and Thirlwall (1979) comment on a letter from Kaldor (1977) published in The Times. In this letter, Kaldor criticised Wells and Imber (1977, p. 80) for interpreting a rise in the ratio of manufactured imports to manufactured outputs, accompanied by a similar rise in the ratio of manufactured exports to manufactured outputs, as being caused by " . . . the trend of world trade, a feature of which has been increasing international specialisation".