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Persistent link: https://www.econbiz.de/10009910482
In this paper, the twin deficits hypothesis was examined using the panel data of nine SEACEN countries. Empirical results provide evidence to support the view that Asian budget deficit causes current account deficit directly as well as indirectly. From policy perspectives, the statistical...
Persistent link: https://www.econbiz.de/10005062994
Persistent link: https://www.econbiz.de/10005444880