Tang, Tuck Cheong; Lau, Evan - Department of Econometrics and Business Statistics, … - 2009
NX is also called CAB (current account balance). A rewriting of the national income
identity, the CAB relation can be … and Empirical Results
Data
The U.S. data for current account balance (CAB), government budget balance (GB),
investment … deficit on
current account balance is found to be inelastic, 0.431 which is half of the values estimated as
equations (6 …