Constantinos, Katrakilidis; Emmanouil, Trachanas - In: European Research Studies Journal XIV (2011) 1, pp. 45-54
empirically the validity and rationale of the “twin deficits” hypothesis, taking into consideration the impact of the accession of … cointegration methodology, error-correction modeling and Granger causality, we find evidence in favor of the “twin deficits … hypothesis” for the Greek case over the pre-accession period (1960-1980), with causality running from the budget deficit to the …