Saleh, Ali Salman; Nair, Mahendhiran; Agalewatte, Tikiri - In: South Asia Economic Journal 6 (2005) 2, pp. 221-239
Many economists have argued that prolonged fiscal expansions contribute to current account imbalances. The purpose of this paper is to explore this phenomenon in the case of Sri Lanka during the period 1970 to 2003. In this study, the autoregressive distributed lag (ARDL) model and the bounds...
