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fiscal and foreign trade account deficits in Bangladesh. In this regard this paper examines the causal relationship between … budget deficit and trade deficit based on annual time series data from 1972-73 to 2011-12 fiscal year. Applying the VAR and … Granger Causality after successfully running ADF and PP unit root test and cointegration rank test this paper reveals that …
Persistent link: https://www.econbiz.de/10010701156
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make a case study of India, using the bounds- testing approach to cointegration and error-correction modelling on monthly …
Persistent link: https://www.econbiz.de/10011135936
Persistent link: https://www.econbiz.de/10004044744
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We test the relationship between the current account and fiscal policy for a group of small open developing economies with fixed exchange rates some of which are oil exporters. Specifically, we test the viewpoint of a Ricardian infinite-horizon representative agent model in which lower public...
Persistent link: https://www.econbiz.de/10010994453
and cointegration techniques are applied to bring evidence regarding this important issue. Our results do not support any …
Persistent link: https://www.econbiz.de/10005184218
We re-examine the issue of the twin deficits hypothesis since recent theoretical and empirical analysis suggests that this hypothesis is subject to structural shifts, the identification of which is very important for policymakers in order to take the correct decisions to overcome situations of...
Persistent link: https://www.econbiz.de/10010573833
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521